Market Trends

The commercial agreement secures additional regasification capacity at the Gate Terminal B.V. LNG hub in the Netherlands.

Microsoft’s purchase will help scale and reduce the cost of Heirloom’s direct air capture facilities.

The company sold its 42% non-controlling interest to KKR.

Dominion Energy sells its 50% limited partnership stake to Berkshire Hathaway, raising the company’s partial ownership of Cove Point LNG.

The private water desalination company is cooperating with six Italian enterprises to further developments in green hydrogen production and water desalination.

The Woodfibre LNG facility has committed the sale and offtake of its LNG output to bp for a 15-year contract.

Four Pipestone assets have been acquired by AltaGas to expand its portfolio of LPG production and supply.

The MRO facility is part of a 50/50 joint venture and will commence operation in 2026.

Full ownership interest in Carbonvert’s carbon capture and sequestration (CCS) project has been sold to Equinor.

ASCE Florida selects New River RNG for its use of technology in emissions reduction and low-carbon transportation fuel.

Development funding has been completed for Commonwealth’s LNG export facility in Cameron, LA.

Purchase price not disclosed, Atlas Copco absorbs the Australian manufacturer of wastewater solutions, Sykes Group.

Chart Industries enters the all-cash transaction to part with Howden Roots, expanding Ingersoll’s portfolio of compression and vacuum technologies.

Worldwide orders of turbines were up 47%, but 2023 sales are expected to be lower.

Emerging market dynamics continue to play a role in the turbomachinery repair and maintenance landscape, leading to inventive methodologies.

In the summer July/Aug 2023 issue of Turbomachinery International, we examine gas turbine and compressor repair and maintenance trends, provide an outlook on the future of hydrogen as a gas turbine fuel, deliver a report on gas turbine sales in 2022, and more.

Dr. Nate Weiland from NETL talks about government initiatives that can help the industry tackle emissions as well as market trends in carbon-capture technologies following recent legislative changes.

Carbon capture, utilization, and storage technologies are set to play a diverse role in net-zero emissions goals.

Energy industry executives flip the script on unrealistic decarbonization goals.

India's vacuum pump market is projected to grow due to government and corporate investments in key industries.

Mobile power gas turbines can be up and running in a matter of hours to effectively get power where it’s needed.

A BayWa r.e. survey suggests that the war's impact on energy prices may accelerate renewable ambitions.

Baker Hughes reports growth in both oilfield services and equipment and industrial and energy technology segments.

Troy O’Steen, Director of Sales at L.A. Turbine, a provider of turboexpander compressors for LNG, talks about how the market is growing due to increased demand from power and public utilities.

Geothermal Technologies will use its drilling technology to enable efficient geothermal energy extraction in the Denver-Julesburg Basin.

Increased production and high storage levels contribute to natural gas price drop

Industry Growth Driven by Energy Efficiency, Demand for Portable Compressors, and Technological Advancements

Company specializes in hydraulic couplings for turbomachinery

Exploring ISO Markets, Power Transactions, and Industry Fundamentals.

Intercontinental Exchange (ICE) recently announced high levels of liquidity in its US natural gas markets as customers navigate price risk management.