UPI : Business (39)

Renewables could bring balance to India's economic growth.

India, one of the world's fastest growing economies, could offset the strains of development through low-carbon efforts, an international energy report found.

Prep work begins at oil drilling site in Cuba

Melbana Energy, one of the few companies working in Cuba, said it started the preliminary work necessary to clear a site for eventual production.

Texas sees Mexico as important gas export market

The state economy for Texas is capitalizing on cross-border movements of natural gas to Mexico, a director at a state energy regulator said.

U.S. gasoline prices more or less steady as summer fades

U.S. gas prices are slightly lower than last week because of factors like lower oil prices, though the national scene masks regional volatility, AAA reported.

In a first, U.S. ships coal to Ukraine

Coal shipped from the United States could help address energy security issues in Ukraine, the nation's energy secretary said.

Africa Endeavor 2017 communications conference starts in Malawi

The Africa Endeavor 2017 communications and technology conference, sponsored by the Armed Forces of Malawi and U.S. Africa Command, started Monday in Malawi.

MQ-9B drone flown through U.S. civilian airspace

An MQ-9B SkyGuardian Remotely Piloted Aircraft has been flown through unrestricted U.S. airspace by General Atomics Aeronautical Systems Inc.

USS Porter in resupply exercise with Turkish Navy in the Black Sea

The Arleigh Burke-class destroyer USS Porter has conducted a refueling and resupply mission with the Turkish Navy a day after entering the Black Sea Friday.

OPEC congratulates Iran's oil minister on reappointment

OPEC looks forward to a durable and constructive relationship with member state Iran, its secretary general told the reappointed oil minister, Bijan Zanganeh.

Electric Boat receives $40.7M for Virginia-class submarine propulsion

General Dynamics Electric Boat has received a $40.7 million contract for Phase II main propulsion machinery control redesign for the Virginia-class submarine.

KBR makes strides in the Middle East and West African markets

U.S. engineering company KBR said it would help the Abu Dhabi National Oil Co. find ways to develop a giant gas field, its second such project in a week.

More drilling planned for offshore Norway

The government of Norway, one of Europe's leading oil and gas producers, said it signed off on new exploration and production opportunities in the North Sea.

National Guard activates cyber-security task force

A full-time Army National Guard unit of more than 100 cyber specialists was mobilized this week, the largest such mobilization for a cyber unit.

Air Force successfully launches LRASM missile from B-1B Lancer

The U.S. Navy and Lockheed Martin have conducted the first free-flight launch of a Long Range Anti-ship Missile from a B-1B Lancer bomber at Point Mugu, Calif.

Air Force stands up new Space Operations Directorate

The U.S. Air Force has announced that its new Space Operations Directorate begins initial operating capability this coming Monday.

Effort mounts to expand U.S. offshore drilling

After a rebound in the value of high bids for oil and gas acreage in the Gulf of Mexico, industry supporters said it was time to push for greater access.

Minnesota starts new phase for Enbridge pipeline review

A final review of a pipeline carrying heavy Canadian crude oil through Minnesota will help regulators reach a decision on Enbridge plans, a state agency said.

Clouds developing over U.S. LNG export potential

A U.S. industrial trade group said Washington's domestic focus should prioritize the retention of natural gas, rather than target it for the export market.

Statoil to drill more in the North Sea

The Norwegian government said it signed off on plans from energy company Statoil to start new drilling operations in the North Sea.

Asian Development Bank finds new climate finance stream

The Asian Development Bank said it can tap into a new capital stream from a multilateral climate fund to help green up the economies of the Asia-Pacific.

Mixed results for Trump's first oil and gas auction for Gulf

The largest lease sale in the U.S. Gulf of Mexico, and the first under President Trump's administration, generated mixed results for high bids and coverage.

Marine Corps testing mobile 3D printing lab

The Marine Corps is testing a mobile 3D printing lab for fabrication of spare parts in the field.

Russian scientist says leave coal in the ground

Nearly all of the world's coal reserves and 30 percent of its oil should be left alone in order to keep climate change at bay, a Russian scientist said.

Australia's Woodside Petroleum sees big profit jump

Australian energy company Woodside Petroleum said its 49 percent jump in first-half profits came in part through a reduction in production costs.

Gavel pounds for first Gulf of Mexico oil and gas lease under Trump

An offshore trade group said the lower-for-longer climate for oil prices may keep bidders for a lease Wednesday for the Gulf of Mexico at bay.

World War II Marine veteran returns family flag to Japan

A World War II Marine Corps veteran has returned a flag he took from the body of a dead Japanese soldier on Saipan to the soldier's family in Japan.

Marine Corps requests 50,000 more M27 Infantry Automatic Rifles

The Marine Corps is requesting 50,000 M27 Infantry Automatic Rifles to replace the M4 carbine that infantry and other units currently use.

Anadarko shale basin lands Oklahoma on EIA map

With more than 10 percent of the new wells drilled in U.S. shale basins, Oklahoma has earned a place in new monthly data reporting, the government said.

DRS to provide power distribution systems for Zumwalt-class destroyer

The U.S. Navy is issuing a $32.2 million contract to DRS Systems Inc. for the electric power distribution systems of the Zumwalt-class destroyer.

Transocean to acquire Songa Offshore

Rig company Transocean said it built up its position in the offshore industry by reaching an agreement to acquire its North Atlantic rival, Songa Offshore.

Work begins in carbon-free site in Dubai

Panel manufacturer Trina Solar said operations have started at a small city in Dubai that gets all of its energy needs met entirely by renewable resources.

Iran sees banking channels opening up

With foreign energy companies signing early deals with Iran, the country's president said banking channels to the world could be opening up.

USS John C. Stennis departs for sea trials early after overhaul

The USS John C. Stennis aircraft carrier is underway for sea trials sooner than expected after a 6-month overhaul and upgrade at Puget Sound Naval Shipyard.

Companies in Florida, Australia team up to service Australian military aircraft

Products and services for F/A-18 and CH-47 aircraft are being offered in Australia through a teaming agreement between U.S. and Australian companies.

Northrop Grumman to demonstrate autonomous networked unmanned vehicles

Northrop Grumman will demonstrate autonomous unmanned undersea and unmanned surface vehicles at the Advanced Naval Technology Exercise this week.

BP starts new gas production from Trinidad, a major exporter

British energy company BP said it expected a ramp up in natural gas production from its second project to come online this year off the coast of Trinidad.

General Dynamics receives submarine missile fire control contract

General Dynamics Advanced Information Systems is being awarded a $9.7 million contract for work on U.S. and United Kingdom submarine fire control systems.

Saudi Arabia reports higher oil revenue

Second quarter oil revenue was up nearly 30 percent from last year on the back of general improvements in the energy market, the Saudi government reported.

Oklahoma shale production could increase

After mixed results for the second quarter, U.S. shale player BNK Petroleum said it was anticipating more production from its assets in Oklahoma.