UPI : Business (26)

Valero awarded $157M fuel contract for Israel

Pentagon officials on Friday allocated $157 million for a contract with Valero to provide various types of fuel to the government of Israel.

Harris electronic counter-measure system for U.S., Australia

Harris receives new order for its ALQ-2144/5 integrated defensive electronic counter-measures jammers.

Marines test system to 3D-print spare parts in the field

A U.S. Marine Corps infantry battalion has become the first unit in the Corps to possess a 3-D printer, using it to printing various pieces of equipment.

Work begins on amphibious transport ship Fort Lauderdale

Construction of another San Antonio-class amphibious dock ship for the U.S. Navy has officially started at a Huntington Ingalls facility in Mississippi.

Harris supplying tactical radios to Navy, Marines

A five-year IDIQ contract has been given to Harris Corporation by the U.S. Navy for radios and ancillary equipment.

Geopolitical risk adds big premium to oil prices Monday

Geopolitical issues and concerns added a considerable risk premium to the price of oil on Monday as fighting erupted in the north of OPEC member Iraq.

Amid fighting, Kurdish oil payments continue

The Kurdish government in Iraq made good on an agreement to distribute a share of the production revenue from an oil field, a Norwegian company said Monday.

State Dept. proposes $343B C-17 support contract with Kuwait

The State Department announced Friday that they have approved a possible foreign military sale to the government of Kuwait.

Small island nations display climate solidarity

Small island states and nations with developing economies pledged to take a stronger initiative in the fight against climate change, low-carbon leaders said.

USS Washington set to receive more than $20 million in 'finishing touches'

U.S. Navy awarded General Dynamics Electric Boat Corp., a $20 million cost-plus-fixed-fee modification for post delivery work of the USS Washington.

British government unveils green spending plans

The British government said Thursday it would spend more than $3 billion on new energy systems that could help it meet obligations for a low-carbon economy.

House leadership supports U.S. offshore overhaul

An offshore drilling act critics said was "wish list" legislation for the oil and gas industry was hailed as a strategic win by House Republican leadership.

Tullow sees quick path to production in Ivory Coast

If the commercial potential exists in oil basins inland in Ivory Coast, it won't take long to put them into production, British energy company Tullow Oil said.

State Department approves sale of AMRAAM missiles to Netherlands

The U.S. State Department has approved a potential sale of advanced medium range air-to-air missiles or AMRAAMs to the Government of the Netherlands.

Afghan Air Force receives first two UH-60A Black Hawks

Afghanistan formally accepts two UH-60A Black Hawk helicopters from the United States.

California plans to allow autonomous cars without backup drivers

California is developing a plan to allow the testing of driverless cars without someone in front of the steering wheel by next June.

Canadian trade group makes pitch for global edge

A trade group in the Canadian oil and gas sector said the nation could be the "energy supplier of choice" if governments get serious about development.

Iranian energy companies lay out investment options in Amsterdam

Iranian oil and natural gas companies said Wednesday they were among the hundreds on hand in the Netherlands to introduce investment opportunities to the world.

Shell focusing elsewhere in Brazil after leaving gas distribution partnership

Royal Dutch Shell said it was selling its stake in a Brazilian gas distribution company so it could better focus on other parts of the country's energy sector.

BNP Paribas says it will no longer back oil

Paris-based global banker BNP Paribas said Wednesday it would no longer do business with companies tied to oil sands, shale development or Arctic campaigns.

Cuban oil work moves toward exploration phase

Geological surveys of an inland oil basin in Cuba are completed and work will now continue toward exploration drilling, an Australian energy company said.

Baghdad reviews options to export oil north through Turkey

An oil company working in the north of Iraq is called on to overhaul an export pipeline that runs from Kirkuk to a Turkish port, the government in Baghdad said.

Gas prices inching lower after hurricanes

Even though 90 percent of the oil production in the Gulf of Mexico was idled by Hurricane Nate, U.S. motorists will hardly notice, motor club AAA said.

L3 satellite terminals for Air National Guard

L3 Technologies has been contracted to supply the Air National Guard with dozens of satellite communications terminals.

Statoil finds at least 25 million barrels of oil in the North Sea

At least 25 million barrels of oil were uncovered while drilling into the British waters of the North Sea, Norwegian energy company Statoil said Monday.

Flagship Wheatstone LNG project in Australia started

The first cargo of liquefied natural gas from the flagship Wheatstone project in Australia is imminent now that production started, operators said.