US expected to be net energy exporter by 2022
The Department of Energy’s statistics arm has reported that the United States of America is on schedule to export more energy products than it imports by 2022 as oil and natural gas production from the nation's shale fields keep booming and domestic energy demand remains fairly tepid, according the Department of Energy's statistics arm.
UTC Aerospace supplying KAI with flow control valve
UTC Aerospace Systems, a unit of United Technologies Corp., has announced that it will provide several key components for Korea Aerospace Industries’ (KAI’s) KF-X advanced multirole fighter jet.
SAEV invests in Clarke Industrial Engineering
Rhode Island-based Clarke Industrial Engineering completed the sale of $10 million of Series B Preferred Stock to a group of investors led by Saudi Aramco Energy Ventures (SAEV).
Techni-Cast foundry invests in co-generation system
Techni-Cast, a foundry offering alloying and casting services, has taken the next steps in making its infrastructure more efficient by cutting down on their energy bills by generating power onsite with a natural gas fuelled, co-generation system.
EnerMech acquires Denholm Oilfield’s valves business
EnerMech is a global engineering services group with locations all over the world, including a regional headquarters in Houston, Texas.