COMPRESSORtech2

2 weeks ago | compressortech2.com | Jack Burke

Gas-fired power generation played a crucial stabilizing role in Great Britain’s electricity market during the first quarter of 2025, as reduced wind output and an uptick in demand drove a sharp increase in gas burn. According to Montel Group’s latest GB Electricity Market Summary, CCGT generation jumped 44% year-on-year, averaging 8.6 GW—a level not seen since Q4 2021.

2 weeks ago | compressortech2.com | Jack Burke

Mitsubishi Heavy Industries Compressor International (MCO-I), a key player in the global turbomachinery sector, has appointed Shohei Toyota as its new president and CEO. The company said the move reflects MCO-I’s strategic focus on strengthening its North American operations and enhancing its after-sales support capabilities. Toyota brings nearly three decades of experience with Mitsubishi Heavy Industries, Ltd. (MHI), including more than 15 years in the compressor business.

3 weeks ago | compressortech2.com | Jack Burke

Swiss-based Burckhardt Compression has landed a significant contract to supply digital monitoring solutions for a major petrochemical facility in Saudi Arabia, marking a strategic step in the company’s expansion of digital services and regional presence in the Middle East. The deal will see Burckhardt deliver its advanced PROGNOST NT system platform that is designed to enhance the digitalization of reciprocating compressor installations.

3 weeks ago | compressortech2.com | Jack Burke

U.S. propane consumption surged to 1.48 million barrels per day (b/d) in January 2025, marking the highest January usage since 2005 and the most for any month since February 2007, according to data released by the U.S. Energy Information Administration (EIA). The sharp increase in demand was driven by a colder-than-usual January--the coldest month in over a decade.

3 weeks ago | compressortech2.com | Jack Burke

Investment firm Stonepeak has announced a deal to acquire a 40% interest in Louisiana LNG Infrastructure, a major liquefied natural gas (LNG) export terminal currently under development in Calcasieu Parish, Louisiana. The facility is owned by Woodside Energy Group, which will retain operational control following the transaction.