Dreamworks Animation’s chief executive and co-founder, Jeffrey Katzenberg, will step down to headDreamWorks New Media in a $3.8 billion cope with Comcast’s NBCUniversal, the corporation introducedThursday. In selling the studio to NBCUniversal, DreamWorks Animation stockholders will receive $41 in cash for everyproportion of DreamWorks Animation not unusual stock. Katzenberg will ... Read More »
AeroVironment has introduced a block upgrade to its Switchblade Tactical Missile gadget for strong and at ease encrypted communications. The upgrade is targeted Block 10C. AeroVironment said the upgrade includes a virtual facts link that allows more green use of presentfrequency bands and significantly reduces the probability of sign interception. ... Read More »
With the enterprise reporting one in every of its most powerful performances on file, the yank Windelectricity affiliation said it expects a increase over the following five years. A quarterly document from the AWEA said greater than 500 megawatts of latest wind electricity weredelivered to the U.S. grid for the ... Read More »
The Australian subsidiary of Chevron said it reached a deal to sell a good portion of the gas from its Wheatstone project to an area customer starting in 2020. Alinta Energy in Western Australia, a U.S. owned entity, starts taking on about 25 percent of the gas produced from the ... Read More »
An economist at a Russian development bank said Tuesday any deal among major oil producers last weekend would’ve been moot because markets are flush with oil. Ministers from some members of the Organization of Petroleum Exporting Countries joined their non-member counterparts in Doha during the weekend to consider a measure ... Read More »
Though a labor strike in Kuwait is on its third day, a spokesman for the oil ministry said Tuesday output has moved higher to 1.5 million barrels per day. Talal al-Khaled, a spokesman for the oil ministry, said Tuesday oil facilities in the country were producing an average rate of ... Read More »
An increase in oil prices, along with refinery slowdowns and higher demand, means U.S. retail prices for gasoline are on the rise, market analysts found. Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline Tuesday at $2.11, unchanged from the previous day, but ... Read More »
A balanced energy portfolio suggests the U.S. economy won’t take any major hits from lingering weakness in the oil sector, a White House spokesman said. The U.S. Energy Information Administration said last week it expected domestic production to decline in most of the Lower 48 states and Alaska because of ... Read More »
With the industry facing tightened purse strings, Norwegian energy company Statoil said it was examining plug-and-play concepts of field development. The company unveiled the so-called Cap-X subsea development concept at a Barents Sea energy conference in Hammerfest, Norway. Jez Averty, a vice president in charge of exploration strategies for Statoil, ... Read More »
Oil prices recovered from recent declines on pressure from oil labor strikes in Kuwait, though economic and production pressures pulled on Tuesday’s rally. Oil prices were off as much as 7 percent before the start of Monday trading in New York after talks between major oil states in Doha collapsed ... Read More »
DRS Technologies UK Ltd is to provide rugged tactical displays and computing technology upgrades to the British military Bowman C4I system for combat vehicles. The work, worth $51 million, will be conducted by DRS Technologies UK and its U.S. parent company under a contract issued by General Dynamics UK. “This ... Read More »
DRS Technologies UK Ltd is to provide rugged tactical displays and computing technology upgrades to the British military Bowman C4I system for combat vehicles. The work, worth $51 million, will be conducted by DRS Technologies UK and its U.S. parent company under a contract issued by General Dynamics UK. “This ... Read More »
