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OPEC, non-cartel agree to share increased oil production OPEC, non-cartel agree to share increased oil production 1 day ago ago
June 23 (UPI) -- OPEC nations and other countries outside the cartel agreed Saturday to share increased oil production in a move seen as stabilizing global energy prices.
GenDyn wins contract for foreign sales of rockets, warheads GenDyn wins contract for foreign sales of rockets, warheads 2 days ago ago
June 22 (UPI) -- General Dynamics was awarded a $149 million contract for foreign sales of missiles and warheads to countries that include Saudi Arabia, Afghanistan and Kenya.
Lockheed tapped for guided missile support Lockheed tapped for guided missile support 2 days ago ago
June 22 (UPI) -- Lockheed Martin was awarded a $364 million contract for maintenance of Army tactical guided missiles and launch assembly support for the U.S. Army and Romania.
Air Force contracts SpaceX for satellite launch Air Force contracts SpaceX for satellite launch 2 days ago ago
June 22 (UPI) -- SpaceX will launch the AFSPC-52 satellite atop its Falcon Heavy rocket in 2020, the U.S. Air Force announced on Thursday.
Oil prices spike sharply after OPEC fails to deliver Oil prices spike sharply after OPEC fails to deliver 2 days ago ago
June 22 (UPI) -- Crude oil prices were soaring in early Friday trading after OPEC apparently disappointed with the terms of a consensus agreement on production.
Trillions of dollars in investments needed in oil, OPEC says Trillions of dollars in investments needed in oil, OPEC says 2 days ago ago
June 22 (UPI) -- Given the pace of global economic development, oil demand is strong, but major investments are needed to keep up, the president of OPEC said Friday.
Venezuelan production woes expected to continue Venezuelan production woes expected to continue 2 days ago ago
June 22 (UPI) -- Long-term pressures on the oil sector in Venezuela won't be resolved anytime soon, so production woes are expected to continue, a U.S. energy report found.
API: Big investments needed in U.S. energy infrastructure API: Big investments needed in U.S. energy infrastructure 2 days ago ago
June 22 (UPI) -- Energy infrastructure that can keep pace with growing oil and gas production trends is an essential U.S. need, an American Petroleum Institute director said.
Oil potential in West Africa building Oil potential in West Africa building 2 days ago ago
June 22 (UPI) -- Oil prospects from frontier basins in West Africa could unlock reserves in excess of 30 million barrels, Savannah Petroleum announced Friday.
Gulf Keystone expecting more oil from Kurdish north of Iraq Gulf Keystone expecting more oil from Kurdish north of Iraq 2 days ago ago
June 22 (UPI) -- Plans outlined in agreements with the Kurdish government and Hungarian partners could boost Kurdish oil output by more than 50 percent, Gulf Keystone said.
Offshore Guyana on par with the Permian basin Offshore Guyana on par with the Permian basin 2 days ago ago
June 22 (UPI) -- With trends on par with the Permian shale basin in the United States, Guyana is big enough to be transformative even for the supermajors, analysis found.
Northrop Grumman contracted for Mk 48 torpedo support Northrop Grumman contracted for Mk 48 torpedo support 3 days ago ago
June 21 (UPI) -- Northrop Grumman Systems Corp. has been awarded a $17 million contract for support of the Mk 48 heavyweight torpedo for the U.S. Navy.
Navy contracts for submarine ballistic missile re-entry systems Navy contracts for submarine ballistic missile re-entry systems 3 days ago ago
June 21 (UPI) -- Southern Research Institute has been awarded a $9.6 million contract for thermo-mechanical and aero-thermal testing of materials for SLBM re-entry systems.
Lockheed tapped for Aegis combat system development, support Lockheed tapped for Aegis combat system development, support 3 days ago ago
June 21 (UPI) -- Lockheed Martin has been awarded an $18 million contract for development and support of the Aegis Baseline 9 combat system on U.S. Navy destroyers and cruisers.
Army contracts GenDyn for Stryker hull upgrades Army contracts GenDyn for Stryker hull upgrades 3 days ago ago
June 21 (UPI) -- The Pentagon has awarded General Dynamics with a $68 million contract to upgrade Stryker flat bottom vehicles to the double V-hull configuration.
Replacements, improvements on the way for Air Force Huey bases Replacements, improvements on the way for Air Force Huey bases 3 days ago ago
June 21 (UPI) -- The U.S. Air Force will procure new aircraft to replace the 46-year-old fleets on each UH-1N location between 2020 and 2032.
Signs of OPEC consensus on output pushing oil prices lower Signs of OPEC consensus on output pushing oil prices lower 3 days ago ago
June 21 (UPI) -- Crude oil prices moved deep into negative territory in early Thursday trading amid expectations of a consensus agreement from OPEC on future production.
Iran: Less politics will help stabilize oil markets Iran: Less politics will help stabilize oil markets 3 days ago ago
June 21 (UPI) -- The political element of the oil market needs to be diminished in favor of market fundamentals, the Iranian oil minister said at OPEC's conference in Vienna.
Oil depots in Libya recaptured Oil depots in Libya recaptured 3 days ago ago
June 21 (UPI) -- As the U.S. government weighs in on conflict in the OPEC member, military forces in Libya regained control over key oil installations, reports read Thursday.
Shell continues divestment streak with Thai gas sale Shell continues divestment streak with Thai gas sale 3 days ago ago
June 21 (UPI) -- Royal Dutch Shell said Thursday it made further advancements on its divestment effort by selling off its stake in a natural gas field in Thailand.
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