The U.S. Navy’s newest nuclear-powered aircraft carrier was launched Monday at Huntington Ingalls Industries' (HII) Newport News Shipbuilding yard in Virginia.Following the launch, the Ford Class aircraft carrier John F. Kennedy (CVN 79), was guided with help from six tugboats down the James River about a mile from Newport News Shipbuilding’s Dry Dock 12, where it has been under construction
The U.S. Navy’s newest nuclear-powered aircraft carrier John F. Kennedy (CVN 79) was christened Saturday during a ceremony at Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division.The second aircraft carrier in the Ford Class, John F. Kennedy (CVN 79) is also the second aircraft carrier built by Newport News Shipbuilding named for JFK.
U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States, according to Refinitiv Eikon flows data
Huntington Ingalls Industries' Newport News Shipbuilding division lifted the upper bow section onto one of the new aircraft carrier being built for the U.S. Navy, signalling the completion of the ship's flight deck.The addition of the upper bow section is one of the last steel structural units, known as a superlift, to be placed on the newbuiild, John F. Kennedy (CVN 79).
Wake Media appointed Andy Ford as Operations Director effective July 1, 2019.Ford will be responsible for enhancing, managing and driving the company’s future growth strategy and operational efficiencies, focusing primarily towards serving their customer’s needs. To achieve, concrete, effective and measurable results
Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture, the project's leader Enbridge Inc said on Monday.The $800 million project, known as Texas COLT, is one of eight similar projects proposing facilities that would move U.S. shale to overseas markets by loading supertankers able to carry up to 2 million barrels apiece.
Five crewmembers have been rescued from a towing vessel that sank in the Mississippi River near Laplace, La., Thursday, the U.S. Coast Guard said.At approximately 3 p.m Coast Guard Sector New Orleans received a report that the St. Rita, owned and operated by Marquette Transportation Company, sank on the right descending bank on the Mississippi River.
The United States has a world-leading 293 billion barrels of recoverable oil resources, which is 20Bbbl more than Saudi Arabia and 100Bbbl more than Russia, with the Permian Basin leading that charge.Rystad Energy’s estimate of US recoverable oil is also five times more than officially reported proven reserves as published in the BP Statistical Review of World Energy 2019.
Huntington Ingalls Industries (HII) announced Brandi Smith has been named program director of the Newport News Columbia-class submarine program.Smith will be responsible for leading the company’s construction activities for the U.S. Navy’s new class of ballistic-missile submarines, as well as maintaining strong relationships with General Dynamics Electric Boat and Navy customers.
Huntington Ingalls Industries (NYSE: HII) has announced that Secretary of Defense Mark Esper visited the company’s Newport News Shipbuilding division and the aircraft carrier USS Gerald R. Ford (CVN 78). This was Esper’s first visit to the shipyard since he was sworn in to lead the U.S. Department of Defense in July.
Though the Permian Basin still dominates US land drilling, the pace of growth in this region has slowed significantly.Older tight oil wells decline by 20% per year without material intervention, according to Rystad Energy.Contrary to common belief, the Permian Basin systematically offers the lowest oil decline rates, along with the Bakken Shale.
Demand for sand to be used by the oil and gas industry in hydraulic fracturing operations in the US is set to grow by 10% in 2019 and 17% in 2020, said a report.According to Rystad Energy, frac sand supply, on the other hand, is forecast to increase by 10% in 2019 and then decrease by 2% in 2020 as more Northern White Sand will come off the market.