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Liquidity Services continues sale of U.S. military surplus

Non-rolling stock surplus equipment of the U.S. military will continue to be stored, maintained and sold by Liquidity Services Inc. under a new contract.
Richard Tomkins
U.S. economy rebounds sharply in Q2, registers 4 percent growth

U.S. economy rebounds sharply in Q2, registers 4 percent growth

The U.S. economy registered a sharp rebound in growth, after experiencing a contraction during the winter months, growing by 4 percent from April to June.
Ananth Baliga
U.K. green lights driverless cars come January

U.K. green lights driverless cars come January

The U.K. government announced Wednesday it was launching a research fund to test driverless cars, which could hit the streets as early as January 2014.
Ananth Baliga
Kurds react to U.S. oil cargo

Kurds react to U.S. oil cargo

The federal government of Iraq can't win its claims in the U.S. court system against Kurdish oil exports, the Kurdish natural resources minister said Wednesday.
Daniel J. Graeber
Rosneft reviews next steps following sanctions

Rosneft reviews next steps following sanctions

Russian oil company Rosneft said it may have to postpone some projects because of "volatility" associated with economic sanctions.
Daniel J. Graeber
Tullow: Strong momentum despite loss

Tullow: Strong momentum despite loss

Tullow Oil said Wednesday it was in a good position to end 2014 on a high note because of strong production gains in Africa despite poor financial results.
Daniel J. Graeber
Hess plans IPO to fund Bakken plans

Hess plans IPO to fund Bakken plans

Hess Corp. said Wednesday it would use a new corporate structure to support its growth objectives in the Bakken oil reserve area of North Dakota.
Daniel J. Graeber
ADP: Employers added 218,000 jobs in July

ADP: Employers added 218,000 jobs in July

Private payrolls spiked in July by 218,000, higher than the average for this year, indicating a good upcoming jobs report from the Labor Department.
Ananth Baliga
U.S. takes steps to curb natural gas footprint

U.S. takes steps to curb natural gas footprint

The Sierra Club said Energy Department steps to reduce methane emissions tied to the natural gas sector are vital tools in the fight against climate change.
Daniel J. Graeber
British shale company to set new bar

British shale company to set new bar

British shale gas pioneer Cuadrilla Resources said Wednesday it's confident it can kick-start a new industry in the country in a safe manner.
Daniel J. Graeber
Centrica enters U.S. solar power sector

Centrica enters U.S. solar power sector

A North American subsidiary of British energy company Centrica said it paid $54 million to acquire a U.S. solar power company.
Daniel J. Graeber
Report: Alberta oil spill disclosure delayed

Report: Alberta oil spill disclosure delayed

Files obtained from the Canadian government show there was a push to delay publication of information about an Alberta oil spill, a newspaper said.
Daniel J. Graeber
Sen. Menendez: No more relief for Iran

Sen. Menendez: No more relief for Iran

Washington and its allies shouldn't extend sanctions relief for Iran's energy sector further, the chairman of the U.S. Senate Foreign Relations Committee said.
Daniel J. Graeber
API raises bar on oil spill response

API raises bar on oil spill response

The American Petroleum Institute said its new standard for equipment used in an emergency response to an oil spill resets the bar.
Daniel J. Graeber
Javelin missile demos vehicle mounted capability

Javelin missile demos vehicle mounted capability

Javelin Joint Venture successfully demos the firing of its man-portable missile from a vehicle.
Richard Tomkins

Army, GM, Raytheon team for transitioning soldier training

U.S. soldiers transitioning from the Army to the civilian sector are to have training and job opportunities as technicians with General Motors dealerships.
Richard Tomkins

U.S. military taps Unisys for continued IT support

IT support services for the U.S. Defense Information Systems Agency will continue to be provided by Unisys.
Richard Tomkins
Australia begins updating Nulka decoy system

Australia begins updating Nulka decoy system

The Australian government has given the go-ahead for design of fire-control and launcher sub-system upgrades for the Nulka decoy system.
Richard Tomkins
Russia eyes Latin American security system business

Russia eyes Latin American security system business

Proposals for integrated security systems are being prepared for Latin American countries by Russia's Rosoboronexport.
Richard Tomkins
Raytheon touts integration work on new class of destroyer

Raytheon touts integration work on new class of destroyer

Raytheon, the systems integrator for the new Zumwalt-class of destroyer, is touting milestones achieved in readying the ship for the U.S. Navy.
Richard Tomkins
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