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Statoil: Last Greenpeace activists in custody

Statoil: Last Greenpeace activists in custody

Norwegian energy company Statoil said Thursday the Greenpeace activists who boarded a drill ship headed for arctic waters are in custody.
Daniel J. Graeber
Saft supplying new battery for 155mm howitzer

Saft supplying new battery for 155mm howitzer

Lead-acid batteries that power the fire control unit of Army and Marine Corps are being replaced.
Richard Tomkins
Apple confirms purchase of Beats for $3 billion

Apple confirms purchase of Beats for $3 billion

Apple confirmed that it will purchase high-end headphone maker Beats Electronics for $3 billion, and founders Jimmy Iovine and Dr. Dre will join the company.
Ananth Baliga
Sweden follows Norway in signing joint agreement for Rheinmetall MAN trucks

Sweden follows Norway in signing joint agreement for Rheinmetall MAN trucks

Sweden has joined Norway in a joint order of military trucks from Rheinmetal.
Richard Tomkins
JASSM gains final operational capability status in Australia

JASSM gains final operational capability status in Australia

JASSM cruise missiles have gained full operational status with the Royal Australian Air Force.
Richard Tomkins
Google is developing a driverless car without pedals or a steering wheel

Google is developing a driverless car without pedals or a steering wheel

Google said it has decided to build its own driverless cars without controls and a steering wheel rather than modify cars made by other manufacturers.
Ananth Baliga
Northrop to design, build turbine generators for future submarines

Northrop to design, build turbine generators for future submarines

Northrop Grumman to design turbine generators for new class of submarines.
Richard Tomkins
New Zealand purchasing Sea Ceptor air defense systems

New Zealand purchasing Sea Ceptor air defense systems

New Zealand equipping frigates with MBDA's Sea Ceptor air defense system.
Richard Tomkins
RAF flies its newly acquired Joint Rivet KC-135W

RAF flies its newly acquired Joint Rivet KC-135W

The first of three KC-135 signals intelligence aircraft bought by Britain from the United States has been flown for the first time by the Royal Air Force.
Richard Tomkins
U.S. Army upgrading M4 rifles with new barrels

U.S. Army upgrading M4 rifles with new barrels

M4 carbines used by the U.S. army are undergoing upgrade for a full automatic fire capability.
Richard Tomkins

Rheinmetall restructures Combat Systems division

Rheinmetall Defense's Combat Systems division has been restructured to better take advantage of worldwide business opportunities.
Richard Tomkins
Insurers try to curb oncology costs by regulating cancer treatment

Insurers try to curb oncology costs by regulating cancer treatment

Insurers are attempting to curb cancer treatment costs by incentivizing doctors to follow specific treatment pathways and protocols.
Aileen Graef
S&P gives Tesla Motors' debt junk rating

S&P gives Tesla Motors' debt junk rating

Standard & Poor's has lowered electric carmaker Tesla Motors' debt rating to junk bonds, even as the company's stock prices have soared in the last few years.
Ananth Baliga
EIA: Oil imports from Mexico at historic lows

EIA: Oil imports from Mexico at historic lows

Though it's still the third-largest source of foreign crude, imports from Mexico are at their lowest levels in a decade, the U.S. Energy Department said.
Daniel J. Graeber
EU wants to avoid energy 'blackmail'

EU wants to avoid energy 'blackmail'

"Concrete actions" from members of the European Union to diversify the gas market is the only way forward, the energy commissioner said Wednesday.
Daniel J. Graeber
Russia eyes investments in Argentina's energy sector

Russia eyes investments in Argentina's energy sector

Russian Foreign Minister Sergei Lavrov said Wednesday he was interested in encouraging more investments in the Argentine energy sector.
Daniel J. Graeber
Valeant Pharmaceuticals ups offer for Allergan to $49.5 billion

Valeant Pharmaceuticals ups offer for Allergan to $49.5 billion

Valeant Pharmaceuticals is sweetening its deal to take over botox-maker Allergan by increasing the cash component by $10 a share to $58.30.
Ananth Baliga
Consent given for new North, Norwegian Sea field developments

Consent given for new North, Norwegian Sea field developments

The British subsidiary of Maersk Oil said Wednesday it received approval from British and Norwegian authorities to develop North and Norwegian Sea fields.
Daniel J. Graeber
Scotland sees North Sea reserves as major asset

Scotland sees North Sea reserves as major asset

Oil and natural gas wealth in the North Sea is expected to become major financial asset for Scotland on independence, the finance secretary said Wednesday.
Daniel J. Graeber
China's oil demand relatively flat

China's oil demand relatively flat

Chinese oil demand in April declined nearly a full percentage point from March because of lackluster industrial activity, the Platts energy news service said.
Daniel J. Graeber
Petrofac inks $630 million contract for North Sea work

Petrofac inks $630 million contract for North Sea work

British oil services company Petrofac said Wednesday it secured a $630 million contract to help energy company EnQuest explore its assets in the North Sea.
Daniel J. Graeber
U.S. weighs area off New York's coast for wind energy

U.S. weighs area off New York's coast for wind energy

The Bureau of Ocean Energy Management said it was calling on companies to submit their interests for wind energy leases off the coast of New York.
Daniel J. Graeber
U.S. 'largely' blames China for rig tensions with Vietnam

U.S. 'largely' blames China for rig tensions with Vietnam

China is to blame for most of the tensions surrounding the deployment of an oil rig in the South China Sea, a spokeswoman for the U.S. State Department said.
Daniel J. Graeber
Statoil: Seven Greenpeace activists still on rig

Statoil: Seven Greenpeace activists still on rig

Norwegian energy company Statoil said Wednesday it was pleased some Greenpeace activists who boarded a rig bound for arctic waters have given up their protest.
Daniel J. Graeber
S&P 500 reaches record high

S&P 500 reaches record high

U.S. stock markets made considerable gains Monday to rally the S&P 500 Index to its second-straight record high closing.
Ananth Baliga
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