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Crude oil prices break from rally mode Crude oil prices break from rally mode 4 hours ago ago
With the U.S. president trying his hand at influencing commodity markets, the price of oil turned lower on Friday after a steady streak of gains.
Boeing tapped for Navy sensor upgrades Boeing tapped for Navy sensor upgrades 1 hour ago ago
April 20 (UPI) -- Boeing was awarded an $18.7 million contract from the U.S. Navy for upgrades to support the F/A-18E/F Super Hornet and the EA-18G Growler.
Northrop Grumman to support Japan's E-2C Hawkeye Northrop Grumman to support Japan's E-2C Hawkeye 2 hours ago ago
April 20 (UPI) -- Northrop Grumman has been awarded a contract by the U.S. Navy for identifying friend or foe technology compatible with E-2C Hawkeye.
Raytheon tapped for Air and Missile Defense Radar Program Raytheon tapped for Air and Missile Defense Radar Program 3 hours ago ago
April 20 (UPI) -- Raytheon was awarded a $136.5 million contract by the Navy for services on the Air and Missile Defense Radar Program for Flight III Arleigh Burke-class destroyers.
GasBuddy: With gas prices this high, it's no wonder Trump is concerned GasBuddy: With gas prices this high, it's no wonder Trump is concerned 4 hours ago ago
April 20 (UPI) -- The surge in gas prices coming from higher crude oil prices means OPEC is cancelling out the gains of U.S. consumers from a tax break, GasBuddy said Friday.
Schlumberger sees growing supply challenges Schlumberger sees growing supply challenges 5 hours ago ago
April 20 (UPI) -- The oil and gas industry may need a significant amount of new investments to offset a looming supply shortage, the head of oil services firm Schlumberger said.
Bottlenecks curb output for shale player Sanchez Bottlenecks curb output for shale player Sanchez 7 hours ago ago
April 20 (UPI) -- Despite gains in its drilling program, U.S. shale player Sanchez Energy said first quarter production was impacted by incidents outside of its control.
Arctic wilderness area in Alaska to be opened to drilling Arctic wilderness area in Alaska to be opened to drilling 7 hours ago ago
April 20 (UPI) -- An initial step toward opening up an Arctic wilderness area in Alaska to oil and gas development unveils a revenue stream for the state, the governor said.
Maritime shippers need more LNG Maritime shippers need more LNG 8 hours ago ago
April 20 (UPI) -- The maritime fleet industry needs to use more liquefied natural gas as a fuel in order to lower its emissions, a Finnish company said Friday.
Tremor reported in shale-rich Oklahoma Tremor reported in shale-rich Oklahoma 8 hours ago ago
April 20 (UPI) -- A small tremor was recorded early Friday in the shale heartland of Oklahoma, one day after state regulators limited work because of seismic activity.
Pentagon awards $67.8M contract for Ballistic Missile Defense System Pentagon awards $67.8M contract for Ballistic Missile Defense System 1 day ago ago
April 19 (UPI) -- MacAulay-Brown Inc. was awarded a $67.8 million contract by the Missile Defense Agency for development and services for the Ballistic Missile Defense System.
HII contracted for repairs, upgrades on USS Gerald R. Ford HII contracted for repairs, upgrades on USS Gerald R. Ford 1 day ago ago
April 19 (UPI) -- Huntington Ingalls was awarded a $10.7 million contract by the Navy for repairs and upgrades on the USS Gerald R. Ford following sea trials of the vessel.
Lockheed awarded $928M for hypersonic strike weapon Lockheed awarded $928M for hypersonic strike weapon 1 day ago ago
April 19 (UPI) -- Lockheed Martin has been awarded a contract by the Air Force for development, engineering, testing and integration of the hypersonic conventional strike weapon.
Oil prices rally in spite of darker economic clouds Oil prices rally in spite of darker economic clouds 1 day ago ago
April 19 (UPI) -- Crude oil prices continued their rally to test multi-year highs Thursday amid signs of higher demand, despite concerns about future economic growth.
BP sees $6 billion in gas investments in India BP sees $6 billion in gas investments in India 1 day ago ago
April 19 (UPI) -- British energy company BP said Thursday it signed off on the development of deepwater gas projects in India for a total investment of $6 billion.
Oil-rich North Dakota expecting budget issues Oil-rich North Dakota expecting budget issues 1 day ago ago
April 19 (UPI) -- Facing tariff headwinds, and despite its vast crude oil resources, North Dakota may have to cut back because of a shortage of general funds, the governor said.
No quick fix on sanctions, Russia says No quick fix on sanctions, Russia says 1 day ago ago
April 19 (UPI) -- There are no quick remedies to help support companies like Gazprom that are the target of U.S. sanctions, a Russian presidential spokesman said.
Funding emerges for company with a Cuban energy footprint Funding emerges for company with a Cuban energy footprint 1 day ago ago
April 19 (UPI) -- Melbana Energy, an Australian company with operations in Cuba and New Zealand, said it secured a $2.5 million loan to help finance its operations.
Amid trade tensions, Alaska's governor plans Chinese trade mission Amid trade tensions, Alaska's governor plans Chinese trade mission 1 day ago ago
April 19 (UPI) -- A trade mission to China will showcase the prospects for investment opportunities in Alaska, the governor of the northern U.S. state said.
Norway's oil and gas production declines Norway's oil and gas production declines 1 day ago ago
April 19 (UPI) -- Technical problems were to blame for a drop in average daily oil production from Norway, one of Europe's main suppliers, the government said.
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