Oil & Gas

The Great Switch: Coal to Gas

This week’s edition of the Txchnologist, an online magazine presented by GE, tackles natural gas as “the bridge to renewable energy.” Below, an infographic that illustrates the big difference in average emissions from coal-fired power plants versus those from natural gas-fired combined cycle plants.

Natural Gas Tech Breakthrough Will Boost Renewable Power

A big obstacle to large-scale integration of renewable power from solar and wind sources into the grid is intermittency – those periods when the sun doesn’t shine and the wind doesn’t blow. GE Energy has taken a major step forward in addressing that issue with its new FlexEfficiency* 50 Combined [...]

Recent Acquisitions Pump Up GE Oil & Gas Tech

What a difference a decade makes. Ten years ago, GE Oil & Gas had a relatively small presence in the energy hub of Houston, Texas. Coming off this week’s Offshore Technology Conference, Oil & Gas CEO Claudi Santiago has overseen a string of big acquisitions that has swelled the Houston [...]

GE Energy Acquisition Targets ‘Mega-Trend’ of Electrification

GE Energy announced an agreement today to buy approximately 90 percent of Converteam, a leading provider of electrification and automation equipment and systems, for approximately $3.2 billion — with a deal to buy the remaining shares over the next two to five years.
At its heart, electrification is all about industries [...]

At GE’s Oil & Gas Summit: New Tech for the End of ‘Easy Oil’

To offset the depletion of oil and gas reserves and meet the demand increases expected by 2020, additional resources equivalent to approximately five times the oil capacity currently produced by Saudi Arabia and four times the gas capacity currently produced by Russia will be required.
It’s why new technologies are top [...]

Water Gets a Second Chance in Australia’s Coal Seam Gas Fields

Australia has the potential to become the world’s dominant producer of LNG, or liquefied natural gas — and one key piece of that production will come from coal bed methane. Known as CSG, or coal seam gas in Australia, it’s a form of natural gas trapped in coal beds by [...]

The Road to a Technology Economy: GE’s Aviation Center in Qatar

With the second-highest per-capita income in the world, Qatar is in a unique position to stimulate its private sector, with a focus on technological innovation. And Qatar’s need for new technologies is growing as fast as its economy, with investment in the energy sector alone forecast at $70 billion over [...]