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Lorenzo Simonelli

BHGE Sets Carbon Reduction Goal To Net Zero By 2050

FLORENCE, ITALY – Baker Hughes, a GE Company (BHGE) announced its strategy to reduce CO2 equivalent emissions to net zero by 2050 during the first day of its annual meeting. The...

EIA: Natural Gas To Dominate Energy Production In U.S.

Natural gas will dominate new energy production in the U.S. over the next 30 years, according to the U.S. Energy Information Association (EIA)'s Annual Energy Outlook 2019, which provides modeled projections of...

EIA: Gas Prices To Remain Flat, Production Up Through 2020

The U.S. Energy Information Agency’s (EIA) January 2019 Short-Term Energy Outlook (STEO) expects relatively stable Henry Hub natural gas prices and increasing natural gas production and exports through 2020. According to the STEO, total...

Hightower Named President Of Exline

Bret Hightower has been named president and chief operations officer of Exline Inc., which repairs and services machinery for gas compression, power generation and other industries. Rob Exline, owner and CEO of...

Ariel Digs Deep for Technical Talent

Ariel is encouraging eighth grade students in its quest to develop compressor technicians, President and CEO Karen Wright said last week. Wright was among oil and gas executives speaking at an American...

Elliott Group Selects New CEO

Elliott Group appointed Michael Lordi as the company's chief executive officer (CEO). Lordi succeeds Yasuyuki Uruma, who has retired after 47 years with Elliott Group and Elliott’s parent company, Ebara Corp. Lordi joined...

Shale Boom Creates Supply Strain

High demand has made it challenging for Ariel Corp. to acquire materials from its suppliers, President and CEO Karen Wright said on Tuesday. Wright is a member of a panel that discussed...
Acquistion

Enbridge Completes Spectra Energy Acquisition

Enbridge, a Canadian pipeline company and natural gas distributor, has completed its acquisition with Spectra Energy Partners LP. The $3.3 billion move, announced on Aug. 24, makes Spectra Energy an indirect,...
Siemens

Siemens Opens 3D Printing Facility

Siemens has opened a 3D printing facility at Materials Solutions Ltd. in the United Kingdom. Siemens’ €30 million investment doubles the capacity of its 3D printing machines (now at 50) and...

MAN Subsea Compression Trains Hit 50,000 Hours

MAN Energy Solutions’ first subsea compression trains at Equinor’s Åsgard field have achieved 50,000 operating hours with nearly 100% availability. Åsgard became the world’s first subsea gas compression facility to operate 984...