Business

Royal Australian Navy receives first Hobart-class destroyer

June 16 (UPI) -- The first of three planned Hobart-class air warfare destroyers has been delivered to the Royal Australian Navy at Osborne shipyard,...

Russia's Central Bank sees mid-term risk from oil prices

June 16 (UPI) -- Crude oil prices are lower than expected following a decision to extend an OPEC-led production deal, presenting a risk to...

Guyana, a new oil frontier, gets investment support

June 16 (UPI) -- U.S. energy companies Exxon Mobil and Hess Corp. said they've made a final investment decision for offshore Guyana in one...

Shell payment disclosures welcomed, but with caveats

June 13 (UPI) -- Required transparency disclosures from Royal Dutch Shell are welcomed, but the disclosures are not widespread, advocates said Tuesday. Shell released details...

Lockheed Martin awarded contract for KC-130J trainers

June 12 (UPI) -- Lockheed Martin has received a $59 million modification for an existing contract for fuselage trainers for systems used on the...

Iran prioritizes development of shared oil fields

June 12 (UPI) -- Tapping into the oil reservoirs straddling Iran's land and maritime borders are among the top priorities for the year, a...

Economy improves in shale-rich Oklahoma

June 9 (UPI) -- The economy in shale-rich Oklahoma has recovered from last year's market downturn as gross tax receipts improve, the state treasurer...

Boeing to supply trainers to U.S. Navy for P-8A Poseidon

June 8 (UPI) -- Seven deployable crew trainers for P-8A Poseidon maritime aircraft are to be provided to the U.S. Navy by Boeing. The Deployable...

Uber posts improved financial numbers but loses another executive

May 31 (UPI) -- Uber is growing its revenue and losing less money than it was at the end of last year, according to...

Canada's Husky Energy expects to do more with less

May 30 (UPI) -- Canadian oil producer Husky Energy said it expects to increase profitability and production under a five-year plan that shows resiliency...