US News

Will it lead to US Navak contract? Northrop Grumman Corporation (NYSE:NOC), in support of U.S. Naval Forces Central Command in Manama, Bahrain, announced the successful demonstration of an unmanned mine-hunting mission. In the demonstration, the Mine Hunting Unmanned Surface Vehicle (MHU) was used in tandem with Northrop Grumman’s AQS-24A Mine Detecting Sensor System in the […]

Oman’s Abraj Energy Service awarded more than $330m in contracts BP Oman has announced the award of two long term drilling contracts for the Khazzan project in Block 61. KCA Deutag has been awarded more than $400 million contracts for the construction and operation of five new build land rigs for Khazzan. The rigs are […]

I thought seriously about writing this article on Sunday, but, although the “news” was coming from usually reliable sources, it was, nonetheless, still speculation. By the time that I sat down at my computer this morning, however, what was speculation yesterday had become reality. Hewlett-Packard (NYSE:HPQ) officially announced this morning that plans to divide itself […]

I’ll admit it right from the start. I found a way to use “Obama” in the headline to grab your attention. But, just because I used a cheap, journalistic trick doesn’t mean that you shouldn’t keep reading. There is something very dangerous going on in the White House and at the Federal Reserve (not to […]

Also issues Interim Results Northcote (LSE:NCT) has released interim results for the six month period ended 30 June 2014. Overview: · Solid progress made to increase current and long term production profile across US onshore oil and gas portfolio – currently 190.9 BOEPD · Acquisition of Shoats Creek project, completed August 2014 – workovers completed […]

Production Update for Shoats Creek Field, Louisiana North American Petroleum has issued a production update for the recently acquired 1,670 gross acre Shoats Creek Project, in Louisiana. NAP holds a 35%/26.25% working/net revenue interest in Shoats Creek alongside Northcote Energy (35% WI), and Springer Oil & Gas (30% WI). * Excellent initial gross flow rates […]

The Gulf Keystone Petroleum share price (LSE:GKP) rose by 3.2% today to 64.25 following publication of a Production and Sales Update relative to its work in the Shaikan oil field in Kurdistan. Gulf Keystone would not be considered a major oil company by any standard. It employs only about 600 people. It has a current […]

Shares of eBay (NASDAQ:EBAY) opened at 56.66 today, up 7.6% from yesterday’s close at 52.66, reaching a high of 59.20 before mid-morning, itself an increase of 12.4%. The stimulus for this surge was, clearly, the announcement that eBay and PayPal plan to split into independently publicly traded companies in 2015. The report says that the […]

$16 Million Contract for PMO Services from U.S. Federal Transit Administration Hill International (NYSE:HIL), a construction risk manager, announced today that it has received a contract from the U.S. Federal Transit Administration to provide project management oversight (PMO) services on major transit capital projects nationwide. The five-year contract has an anticipated value to Hill of...

To Establish Near-Term Competitive Product Offering Aerojet Rocketdyne, a GenCorp (NYSE:GY) company, and United Launch Alliance (ULA) announced today that they have signed a contract for a joint investment to complete technical feasibility analysis, detailed program plans, technology integration, affordable production processes and plans, mission assurance and related criteria – all leading to...