Market Trends

Operated and non-operated interests in the Athabasca Oil Sands Project (AOSP) and Duvernay shale will be sold to Canadian Natural Resources in a $6.5 billion all-cash transaction.

The United States and Brazil will collaborate on various clean-energy initiatives: bioenergy-to-hydrogen, clean energy for remote communities, carbon and methane management, and more.

Related assets, manufacturing capability, and personnel have been transferred to Honeywell, including the coil-wound heat exchanger manufacturing facility in Port Manatee, FL.

In this episode of the TurboTime podcast, Daniel Tegtmeier, Director of EthosEnergy’s Performance Center, talks about remote operations and monitoring.

At full capacity, the new gigahub will enable the automated series production of PEM stacks with a potential total electrolysis capacity of more than 5 GW per year.

The company acquired APSCO, a hydraulic and pneumatic provider; Blutek, a compressed air and nitrogen generation solutions designer; and UT Pumps, a screw and plunger pump manufacturer.

The completion follows Woodside’s agreement to acquire OCI Clean Ammonia’s 1.1 MTPA Clean Ammonia Project, which is currently under construction with production planned for 2025.

AI Wingmate provides GE Aerospace employees with an internal platform for instant information access, faster learning and discovery, and advanced support tools.

Modernization options for ammonia syngas trains can meet a wide range of plant requirements for uptime, efficiency, costs, and footprint.

The anaerobic digester at Synthica San Antonio will transform waste into renewable energy while removing methane and CO2 from the atmosphere.

The first phase capacity of 1.5 million tons of CO2 per year is fully booked, and the joint venture owners are working to further increase the transport and storage capacity.

Marubeni will provide technical and financial assistance for Ozona to identify and acquire pore space, permit sequestration wells, and establish facilities and pipelines in Texas.

The AI Assistant—HySAGE—will enable modeling capability and flexibility for incorporating hydrogen codes, standards, and environmental scenarios.

In addition to powering the NH3 Kraken tugboat with green ammonia, Amogy demonstrated this technology in an aerial drone, commercial farm tractor, and semi-truck.

Unlike typical geothermal systems, geopressured geothermal systems (GGS) repurpose fracking technology to extract thermal energy from miles below the Earth’s surface.

At Turbomachinery & Pump Symposia (TPS) 2024, Albert Gomez of FS-Elliott talks about the company’s scope of operations and Environmental, Social, and Corporate Governance (ESG) initiatives.

The agreement reorganizes the cooperation, accelerates processes, simplifies procedures, and defines common standards for yacht engines and propulsion systems overhauls.

The company’s local team will repair capital parts, supply spare parts, and provide turnkey on-site services in France and its overseas territories.

The initial facility will sequester and permanently store 75,000 tons of CO2 per year while generating 5 MW of clean electricity with plans for full-scale operation in 2030.

Ammonia-cracking technology uses catalyst materials to crack ammonia into hydrogen and nitrogen at lower reaction temperatures, reducing heating and maintenance requirements.

The KM CDR capture process treats low-CO2 flue gas from a natural gas turbine driving a turbocompressor to lower emissions by 90% with peaks of 96%.

Green hydrogen produced through water electrolysis will support the Castellón refinery’s transition to an integrated energy hub.

Peru LNG’s assets consist of a natural gas liquefaction plant, a 490-km pipeline, two storage tanks, a marine terminal, and a truck loading facility.

The Four Corners Power Plant would use amine-based, post-combustion carbon capture to remove more than 95% of the plant’s CO2 from flue gas.

Baker Hughes’ NMBL LNG delivers flexibility in an increasingly dynamic LNG market.