Chinese helium market grows double-digits, margins under pressure
China’s helium consumption is growing at a double-digit pace, but industrial gas suppliers are facing revenue and margin pressures due to increased volumes of lower cost imported product. “Even with…
Independents gain ground in US helium logistics
Independent gas distributors now move nearly a quarter of the US helium supply, with 65% of that volume sold in the South and West. Maura Garvey, President of Intelligas Consulting,…
Semiconductors surpass MRIs in helium use
Semiconductors now account for over a fifth (21%) of global helium demand, surpassing MRI applications for the first time, driven largely by chips powering artificial intelligence (AI) across Asia and…
Spain’s Gas Demand Skyrockets After Major Blackout
Spanish gas demand for electricity production jumped by nearly 37% between January and September, as Spain relied on more gas-fired power generation to keep the grid stable after Europe’s worst…
China Unveils World’s Largest Wind Turbine
China’s wind and solar equipment giant Mingyang Smart Energy Group is developing a 50-megawatt (MW) offshore wind turbine that would be the world’s most powerful and exceed current single-turbine capacity…
Kazakh Oilfield Cuts Production After Russian Gas Plant Drone Attack
Kazakhstan’s Karachaganak field producing oil and gas condensate has curbed production after what it referred to as “an incident” at a gas processing plant in Russia, which was hit by…
Helium storage is a ‘double-edged sword’
Helium storage is “a new game” in the global helium market, with billions of cubic feet now held in underground salt caverns and the major industrial gas players investing in…
