Sunday, August 16, 2026

Pratt & Whitney Expands Columbus Facility for Geared Turbofan Engines

From Engineering.com There seems to be a profound sense of optimism surrounding American manufacturing these days, and although the underlying causes are controversial, the effects are nothing if not positive, particularly when they come from the top of the supply chain. Case in point, Pratt & Whitney recently announced that it will be expanding its business in Columbus, Ga. with a

Rosneft Becomes First Oil Major to Pre-Finance Kurdish Crude

From Reuters Russian state oil firm Rosneft has become the first major oil firm to pre-finance crude exports from Iraq’s Kurdistan, joining trading houses in the race for crude from the semi-autonomous region. “We look forward to developing new markets for Kurdish crude oil,” a statement by Rosneft quotes chief executive Igor Sechin as saying. The contract is due for

Resolute Energy: New Credit Facility, 2016 Reserves and Production

Resolute Energy Corporation (ticker: REN) reported year-end 2016 reserves and production: — Fourth quarter exit rate in excess of 20,800 Boe per day — — Reserves increase 82% to 60.3 million Boe — — Closed new bank facility; $150 million initial borrowing base — — Earnings conference call scheduled for March 14, 2017 — Rick Betz, Resolute’s Chief Executive Officer, said: “During