Business

The fourth well drilled in an oil and gas discovery in the Barents Sea should serve as a reference point for further work, Lundin Petroleum said....Read More

Solar power isn’t the best option for New Zealand compared with other renewables, but the opportunity could emerge as costs decline, a minister said....Read More

General Dynamics Mission Systems has successfully streamed video over 62 miles between tactical antennas as part of a U.S. Marine Corps-backed effort....Read More

Elbit Systems has received a $40 million contract for the advanced C4ISR electronic warfare and communications system for the Brazilian marine corps....Read More

Rolls-Royce received a $78.7 million contract to provide logistical and engineering support for originally manufactured engines on the KC-130J tanker aircraft....Read More

Ahead of a meeting of littoral states, a Russian expert said Wednesday there are new methods to offer an edge in assessing Arctic oil and gas reserves....Read More

Crude oil prices moved into short-term recovery mode early Wednesday after industry data showed U.S. oil inventory levels are on the decline....Read More

The transition to clean energy is already under way and the United States will be left behind if it leaves the Paris climate deal, Greenpeace said....Read More

Libya has the technical potential to produce as much as 1.2 million barrels of oil per day, though commercial and security issues interfere, an oil leader said....Read More

The German military announced it has contracted with Krauss-Maffel Wegmann for the upgrading of 104 Leopard 2 tanks that have been brought out of storage....Read More