Tag Archives: petroleum

Israel Gets State Dept OK for $3B Military Aviation Fuel Procurement

jet aircraft

The State Department has approved Israel's request to buy 990M gallons of military aviation petroleum products via a  potential $3B foreign military sale transaction. Israel asked to purchase JP-8 fuel for the country's operational aircraft maintenance efforts along with diesel fuel and unleaded gasoline for ground vehicles, the Defense Security Cooperation Agency said Monday.

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September 15 Market Close: GovCon Index Surges to Extend Volatility, Primes Lead Gains

The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index …

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Army Picks 12 Firms for $490M Oil & Gas Facilities Construction IDIQ

The U.S. Army has selected 12 companies to compete for task orders to help the Army Corps of Engineers design and construct petroleum, oil and lubricant facilities across U.S. states and territories under a potential five-year, $490 million contract. The Defense Department said Tuesday USACE received 24 offers for the project through a competitive bidding process …

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February 23 Market Close: GovCon Index Falls, Oil Decline & Consumer Index Miss Weigh on US Stocks

The GovCon Index failed to carry over momentum from Monday’s sharp gain and posted a decline of 0.417 points to 71.815 Tuesday as U.S. stocks also suffered losses driven by another decline in oil prices and a new Consumer Confidence Index reading that fell below economists’ expectations. Intelsat (NYSE: I) posted a second …

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