Business News [UP]

Northrop Grumman has received a $697 million contract for electronics system upgrades on the EA-18G Growler and EA-6B Prowler aircraft for the U.S. Navy and Australia....Read More

Boeing, AAR Aircraft Services Inc. and StandardAero have received contracts for support on the P-8 Poseidon for the Navy and the government of Australia....Read More

Eni, which earlier this decade found 85 trillion cubic feet of natural gas in Mozambique deep waters, on Wednesday signed an accord to explore a new area....Read More

Israel Aerospace Industries-subsidiary ELTA Systems has received a $55 million contract for Multimode Airborne ELM-2032 Fire Control Radars on combat aircraft in Asia....Read More

The U.S. Navy awarded a $136.8 million contract to General Dynamics for procurement of long lead time material and other support for Expeditionary Sea Base 6....Read More

Total has teamed up with the Indian conglomerate Adani to jointly develop liquefied natural gas terminals and build 1,500 service stations in India....Read More

Three offshore platforms in the Gulf of Mexico have reported grating damage while 7.7 percent of the area’s oil production remained shut-in on Tuesday....Read More

Spain’s Iberdrola, an electricity generation company, sold $929 million of hydro and gas-powered assets in the U.K. to increase its wind capacity there....Read More

Average gasoline prices fell in mid-October on-week, amid declines in demand, and dropped on average two cents per gallon, in the first such drop in three weeks....Read More

Petrobras and CNPC will work toward evaluating and possibly completing a Rio refinery project complex, and sharing Marlim crude oil production....Read More