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Free ReadChart Industries Inc., the liquefied natural gas equipment-maker and industrial gas technology company, has sold a low-pressure compression and vacuum technologies company for $300 million in cash to the US group Ingersoll Rand. Chart said the transaction, which is subject to customary closing conditions, was expected to be completed in…
Pakistan has formally moved out of the economic vulnerability phase and will start making payments to multilateral lenders on time while seeking bilateral debt restructuring that will help improve the timing of liquefied natural gas deliveries while the Asian nation has also just started importing cut-price Russian oil.
Free ReadThe Kingdom of Jordan and Egypt have signed a wide-ranging energy cooperation agreement under which the Egyptians would be able to use the LNG floating storage and regasification unit (FSRU) berthed at the port of Aqaba. A statement said that the FSRU would be at the disposal of Egypt during…
Free ReadThe Korean Register (KR), the maritime classification society of the Republic of Korea with 80 offices around the world, has awarded an Approval in Principle to HD Hyundai Heavy Industries for a new type of tank shape designed for various liquefied gases and fuels. The Korean society said that new…
Clean Energy Fuels Corp., the California-based supplier of liquefied natural gas made from waste and with about 590 filling stations across the US and Canada, has expanded its portfolio of supply and maintenance agreements for trucking fleets, city buses and refuse trucks in North America.