Emissions flat for three years in a row, IEA says
Through the use of more natural gas and renewables, the United States and China, the lead world economies, helped keep global emissions flat, the IEA said.
BAE Systems to modernize U.S. Navy cruiser
BAE Systems is to modernize the USS Vicksburg, a Ticonderoga-class guided missile cruiser, beginning in April, the company said.
Oil and gas exporter Norway keeps policy rate static
A main oil and gas supplier to the European economy, the central bank in Norway said Thursday it was keeping its policy rate stable as recovery takes hold.
Russia’s Lukoil backs OPEC production cut extension
It’s reasonable to give serious consideration to extending a production agreement led by OPEC, the head of Russian oil company Lukoil said Thursday.
BAE Systems enlists Czech firm for armored vehicle parts
BAE Systems selected Czech defense firm VOP CZ to provide supporting components for Infantry Fighting Vehicles being built for the Austrian government.
Canada confrims Super Hornet procurement plan
Canada’s government formalized its plans to purchase Super Hornet fighter jets from the United States when it issued a letter of intent to the U.S. on Tuesday.
U.S. State Dept. approves mortar round sales to Singapore
The U.S. State Department has approved the potential sale of 2,000 XM395 precision mortar rounds to the government of Singapore.
Total starts production in deep Congolese waters
French supermajor Total said it started production at a deep-water prospect off the Congolese coast with a production capacity of 100,000 barrels per day.
Moody’s: Shaky economic ground for some oil exporters
The economic footing of Persian Gulf nations is under pressure from the decline in crude oil prices that began three years ago, Moody’s Investors Service said.
Raytheon developing next-gen missile defense communications
Raytheon received an $11.8 million contract to develop new communication technologies for the U.S. Office of Naval Research.
