Business

German company says sanctions opened Iranian energy doors

May 17 (UPI) -- A German industrial equipment company said it was set firmly in the Iranian oil and gas sector because of the...

Drone to replace Israeli manned maritime patrol aircraft

May 17 (UPI) -- Heron 1 unmanned aerial systems are to replace manned Sea Scan maritime patrol aircraft of the Israeli Air Force. Israel Aerospace...

AAA: 1M more people expected to travel for Memorial Day this year

May 17 (UPI) -- Though gas prices are up about 5 percent from last year, motor club AAA finds U.S. road traffic during the...

India gets bonds to help tackle climate change

May 17 (UPI) -- More than $40 million in bonds are available to help India, one of the world's leading economies, address challenges from...

Development of Textron's Fury glide munition completed

May 17 (UPI) -- Development by Textron of its Fury precision-guided glide munition has been completed with a bang -- its successful firing against...

Israeli partners report earnings after first gas shipments to Jordan

May 17 (UPI) -- The draw on one of the largest natural gas fields offshore Israel should peak this year as Jordan takes its...

Italy, Russia energy companies firm up partnerships

May 17 (UPI) -- Italian energy company Eni said Wednesday it signed an agreement with a Russian energy company to explore opportunities, including in...

BP sees energy sector mixing, though oil still has a role

May 17 (UPI) -- Though fossil fuels will continue to have a role in the global energy mix, a pillar of growth for BP...

Australian naval shipbuilding getting $1B boost

May 17 (UPI) -- The Australian government plans a nearly $965 million investment to develop infrastructure at the country's naval shipyards for the building...

Support for OPEC production cut lifts oil prices early Wednesday

May 17 (UPI) -- Support for an extended OPEC-led effort to balance the market with production declines helped boost oil prices Wednesday despite a...