GE Vernova

Bangkok – September 19, 2026 -- Memoranda of understanding, supply agreements and investment commitments worth a combined estimated $40 billion USD were announced or advanced by the end of day three at Gastech 2026 in Bangkok, spanning LNG supply, power generation, upstream development, petrochemicals and shipping.

China Gas Holdings Locks 20-Year US LNG Supply from Venture Global

China Gas Holdings and Venture Global LNG signed a 20-year sales and purchase agreement for 0.5 million tonnes per annum of US LNG starting in 2030, strengthening supply security for one of the world's largest energy markets.

GE Vernova and B.Grimm Power Expand Southeast Asian Turbine Capacity

GE Vernova and B.Grimm Power signed agreements covering natural gas-turbine supply and long-term services to support new and existing power-generation capacity in Malaysia and Thailand.

Delray Beach, Fla. -- Aug. 31, 2026 -- The global transformer monitoring market will grow from $3.11 billion in 2026 to $4.98 billion by 2031, a 9.9% compound annual growth rate, according to MarketsandMarkets. The firm placed the 2025 market size at $2.84 billion. Utilities and industrial operators are driving the expansion by prioritizing transformer reliability and asset health as aging fleets and rising renewable integration strain existing grid infrastructure.