Industry News

Quebec Tightens Fracking, Drilling Rules

The government of Quebec, Canada, announced plans to ban shale fracking “to ensure the safety of people and the protection of the environment.” The announcement is part of the process of drafting...

Miba Group Closes Acquisition Of John Crane Industrial Bearings

Miba Group, a global supplier of engine bearings, said that the four industrial bearings plants acquired from the John Crane Group will become part of Miba Bearing Group. The four sites...

Compressor Package Key To Energy Storage System

MAN Diesel & Turbo Schweiz AG has signed a cooperation agreement with ABB Switzerland for the development, production and commercialization of a three-way energy-storage system. The new Electro-Thermal Energy Storage system (ETES)...

EGC Critical Components Under Michelin Ownership

Michelin has acquired Fenner, PLC, a company that owns EGC Critical Components. The acquisition, which was announced in March, puts EGC Critical Components under Michelin’s umbrella. EGC Critical Components will be operated...
GEPower Engine

Jenbacher In Wärtsilä’s Future?

A Wärtsilä official reiterated the company’s interest in buying GE’s distributed power operations, which includes Jenbacher gas engines. “Jenbacher is a leading company in smaller gas engines and gas compressors, and they...

Egypt Poised To Become Net Natural Gas Exporter Again

The latest report on Egypt from the U.S. Energy Information Administration (EIA) notes that although the country became a net importer of natural gas in 2015, substantial natural gas discoveries may...
Elliott Group's new hire

Dorsch Joins Elliott Group’s Senior Management Team

Elliott Group has a new face amongst its senior management team – Nicholas Dorsch, who will serve as vice president of Industrial Products. Dorsch will lead the company’s industrial steam turbine...

EIA: U.S. Retains Top Nat Gas, Petroleum Production Crown

The United States stayed on top in 2017 in terms of its production of petroleum and natural gas hydrocarbons, according to the U.S. Energy Information Administration (EIA). Since 2009, the United States...
Laby-GI Compressor

Burckhardt Compression Returns For A Revamp

Burckhardt Compression has received a contract from Golar Management to revamp a Laby-GI compressor operating on a floating storage regasification unit (FSRU) near Jamaica. The compressor has spent the past 10 years...
Shale Plays

EIA: Nat Gas, Oil Production To Increase From May To June

The U.S. Energy Information Administration (EIA) anticipates an uptick in oil and natural gas production from May to June from seven key fields. In its Drilling Productivity Report, natural gas production is...