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New camera can re-focus blurry pictures

MOUNTAIN VIEW, Calif., March 1 (UPI) — A digital camera that looks like no other will allow users to focus or refocus pictures on a computer after they are taken, its California manufacturer says.

Silicon Valley startup company Lytro has begun shipp…

China disputes Philippine’s oil blocks

MANILA, Philippines, March 1 (UPI) — The Philippines’ invitation to foreign investors to explore 15 petroleum blocks in the disputed South China Sea has sparked anger from China.

Chinese Foreign Ministry spokesman Hong Lei said Tuesday that “it is i…

Stop speculating, Markey tells oil traders

WASHINGTON, March 1 (UPI) — Speculators are turning the global market into a “crude oil casino” and U.S. taxpayers are paying for it at the pump, a top congressional Democrat said.

Oil prices are near 9-month highs in part because of concerns in the…

Group claims win over ‘dirty coal’

CHICAGO, March 1 (UPI) — Closing two coal-fired power plants in Chicago is a sign the “dirty coal industry” is on its last leg, an environmental advocacy group said.

Utility company Midwest Generation announced it would retire its Fisk and Crawford …

U.S. ready for trial in BP case

WASHINGTON, March 1 (UPI) — The U.S. government is ready to go to trial over the 2010 oil spill in the Gulf of Mexico, U.S. Attorney General Eric Holder told lawmakers.

An explosion sank the Deepwater Horizon oil rig in April 2010, killing 11 rig wo…

EIA: Canada No. 1 crude exporter to U.S.

WASHINGTON, March 1 (UPI) — Canada is the No. 1 exporter of crude oil to the United States, passing Saudi Arabia and Mexico, the U.S. Energy Information Agency reports.

December data from the EIA indicate the United States imported around 2.4 millio…

Clinton warns Islamabad on Iranian gas

WASHINGTON, March 1 (UPI) — Pakistan is reminded there will be consequences if it moves forward with a natural gas pipeline from Iran, the U.S. secretary of state said.

Pakistan is coping with a natural gas shortage by pursuing two pipeline options….

Analysts: Saudi oil capacity strained

NEW YORK, March 1 (UPI) — The ability of Saudi Arabia to keep major economies supplied with oil amid Iranian concerns will be put to the test, energy analysts said.

Saudi Arabia last year increased crude oil production to offset market disruptions f…

Divisions over gas price link to Keystone

WASHINGTON, March 1 (UPI) — With TransCanada moving ahead with a U.S. leg of the Keystone XL pipeline, analysts were divided over the impact on retail gasoline prices in the United States.

TransCanada announced in February it was moving ahead with i…

Pakistan to get crude from Iran on credit

ISLAMABAD, Pakistan, March 1 (UPI) — A Pakistani official said Iran offered to sell the energy-starved country crude oil under a three-month deferred payment option.

U.S. sanctions on Iran’s financial entities cut off some crude oil deliveries to Pa…

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