LNG

Targa Resources Corp., one of the largest US independent midstream infrastructure companies, has agreed to acquire Lucid Energy, a natural gas gathering and processing services company in the Delaware Basin from US asset managers for $3.55 billion in cash and the transaction will be completed in the third quarter.

Chart Industries, the US maker of liquefied natural gas liquefaction and storage equipment, has entered into an agreement to acquire its smaller US sector rival Hudson Products Corp. for $410 million in cash to boost its core business.