Burckhardt Compression acquires ACT
Burckhardt Compression has completed the acquisition of Advanced Compressor Technology (ACT), a service company specialising in reciprocating equipment for the downstream market in the US.
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Burckhardt Compression has completed the acquisition of Advanced Compressor Technology (ACT), a service company specialising in reciprocating equipment for the downstream market in the US.
Monthly average natural gas spot prices in the northwestern US reached historic lows in 2025, as ample supply from Canada coincided with subdued regional demand for natural gas-fired electricity, the EIA has reported.
Woodside and Petronas have finalised a fully termed sale and purchase agreement (SPA) for the supply of 1 million tpy of LNG to Malaysia from 2028 for a period of 15 years.
TotalEnergies has signed a heads of agreement for the annual delivery in South Korea of 1 million tpy of LNG over a 10-year period.
Toyo and RET have been awarded the first phase of a major overhaul project for a large scale gas chemical complex in Turkmenistan, owned by Turkmenhimiya.
Clariant has announced a supply agreement with SYPOX to manufacture and deliver catalysts for one of the largest electric steam methane reformers (e-SMR).
Baker Hughes has announced a long-term service agreement award from BP for its Tangguh LNG plant in Papua Barat, Indonesia.
CTCI has announced that it was awarded an LNG terminal-related EPC contract to help CPC Corp. build regasification facility at Kaohsiung Intercontinental LNG Receiving Terminal in southern Taiwan.
Sempra Infrastructure and EQT Corp. have announced a SPA for the supply of 2 million tpy of LNG offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas, US.
Trafigura has signed a long-term agreement to supply LNG to Korea Gas Corp.
The US Energy Information Administration (EIA) has forecasted that natural gas consumption in the US will increase 1% to set a record of 91.4 billion ft3/d in 2025.
AMIGO LNG S.A. de C.V has announced the signing of a definitive long-term sale and purchase agreement with Gunvor Singapore Pte Ltd.