LPG

ITT Completes Acquisition of Svanehøj, Leading Provider of Customized Critical Liquid and Cryogenic Pumps

Retrieved on: 
Friday, January 19, 2024
Oil, Gas, Alternative Energy, Energy, Machinery, Engineering, Maritime, Transport, Manufacturing, LNG, ITT Inc., LPG, Acquisition, Ammonia, ITT

January 19, 2024-- ITT Inc. (NYSE: ITT ) today announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj), a supplier of pumps and related aftermarket services with leading positions in cryogenic applications for the marine sector.

Key Points: 
  • January 19, 2024-- ITT Inc. (NYSE: ITT ) today announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj), a supplier of pumps and related aftermarket services with leading positions in cryogenic applications for the marine sector.
  • The acquisition will be primarily funded through a €300 million term loan entered into on Jan. 12, 2024.
  • The business will be integrated into ITT’s Industrial Process segment, a global flow leader focused on highly engineered pumps, valves and aftermarket services.
  • Svanehøj’s product portfolio primarily consists of deepwell gas cargo pumps, fuel and energy pumps and tank control systems for low-emission and green fuels.

Invitation for Expression of Interest for divestiture of Litro Gas Lanka Ltd (LGL) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL)

Retrieved on: 
Wednesday, January 17, 2024
Sale, LPG, LGL

COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka. It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day. A second filling plant located at Mabima is under construction.

Key Points: 
  • COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka.
  • It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day.
  • A second filling plant located at Mabima is under construction.
  • The key storage facility is strategically located at Kerawalapitiya (few Km's north of the commercial capital - Colombo) with a capacity of 8,000 MT.

Invitation for Expression of Interest for divestiture of Litro Gas Lanka Ltd (LGL) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL)

Retrieved on: 
Wednesday, January 17, 2024
Sale, LPG, LGL

COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka. It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day. A second filling plant located at Mabima is under construction.

Key Points: 
  • COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka.
  • It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day.
  • A second filling plant located at Mabima is under construction.
  • The key storage facility is strategically located at Kerawalapitiya (few Km's north of the commercial capital - Colombo) with a capacity of 8,000 MT.

Invitation for Expression of Interest for divestiture of Litro Gas Lanka Ltd (LGL) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL)

Retrieved on: 
Wednesday, January 17, 2024
Sale, LPG, LGL

COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka. It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day. A second filling plant located at Mabima is under construction.

Key Points: 
  • COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka.
  • It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day.
  • A second filling plant located at Mabima is under construction.
  • The key storage facility is strategically located at Kerawalapitiya (few Km's north of the commercial capital - Colombo) with a capacity of 8,000 MT.

Invitation for Expression of Interest for divestiture of Litro Gas Lanka Ltd (LGL) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL)

Retrieved on: 
Wednesday, January 17, 2024
Sale, LPG, LGL

COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka. It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day. A second filling plant located at Mabima is under construction.

Key Points: 
  • COLOMBO, Sri Lanka, Jan. 17, 2024 /PRNewswire/ -- LGL engages in importing, filling, distribution and sale of LPG in Sri Lanka.
  • It is the largest LPG supplier in Sri Lanka with a market share of 85% and operates an LPG filling plant in Kerawalapitiya with a filling capacity of 1,600 MTs/day.
  • A second filling plant located at Mabima is under construction.
  • The key storage facility is strategically located at Kerawalapitiya (few Km's north of the commercial capital - Colombo) with a capacity of 8,000 MT.

PIS with BGN Adds Two Giant Gas Tankers, Supporting Energy Resilience and Global Market Expansion for Indonesia

Retrieved on: 
Thursday, January 11, 2024
Hyundai Samho Heavy Industries, Ammonia, Artificial intelligence, BGN, Partnership, LPG, Ship, VLGC, Water, NDC, Transport, Augmented reality, PIS, Shipbuilding

Named the VLGC Pertamina Gas Tulip and the VLGC Pertamina Gas Bergenia, they are among the world's largest gas tankers, environmentally friendly and using the latest technology.

Key Points: 
  • Named the VLGC Pertamina Gas Tulip and the VLGC Pertamina Gas Bergenia, they are among the world's largest gas tankers, environmentally friendly and using the latest technology.
  • "The presence of these two VLGC ships will undoubtedly enhance the capability of the Pertamina Group in securing energy supplies to support national energy resilience.
  • We are pleased to help strengthen the energy security of Indonesia at the same time as supporting BGN's global energy and commodities trading platform with these maritime assets."
  • The vessels' sustainability advantages that contribute to the global energy transition include having dual-fuel tanks, enabling the optimization of low sulfur fuel and gas.

Trigon Pacific Terminals initiates regulatory review for planned Canadian LPG export project

Retrieved on: 
Wednesday, January 10, 2024
Port, Lax, LPG, Port of Prince Rupert, Propane, Investment, PRINCE, Project, Workforce

PRINCE RUPERT, BC, Jan. 10, 2024 /CNW/ - As a critical step in securing the necessary project approvals, Trigon Pacific Terminals Ltd. (Trigon) has completed the Project Description for its proposed Trigon Pacific LPG Project and submitted it to the Prince Rupert Port Authority.

Key Points: 
  • PRINCE RUPERT, BC, Jan. 10, 2024 /CNW/ - As a critical step in securing the necessary project approvals, Trigon Pacific Terminals Ltd. (Trigon) has completed the Project Description for its proposed Trigon Pacific LPG Project and submitted it to the Prince Rupert Port Authority.
  • Trigon Pacific Terminals completes Project Description for proposed LPG project, initiating regulatory review process.
  • "The Trigon LPG project is about opening up Canada's northwestern export trade corridor, and providing jobs and economic opportunity for a region that is often left behind," said Rob Booker, CEO of Trigon.
  • Trigon Pacific Terminals Limited is a multi-commodity bulk and liquefied gas export terminal at the Port of Prince Rupert.

Saudi Arabia's LPG Market Anticipated for Significant Growth, Fueled by Demand in Domestic and Transportation Sectors by 2028

Retrieved on: 
Wednesday, January 3, 2024
Attention, Gasoline, Transport, Government, Research, LPG, Competition, Propane, Carbon, CNG, Saudi Aramco

DUBLIN, Jan. 3, 2024 /PRNewswire/ -- The "Saudi Arabia LPG Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 3, 2024 /PRNewswire/ -- The "Saudi Arabia LPG Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
  • The latest comprehensive research on the LPG market indicates a promising outlook for Saudi Arabia over the next five years, driven by the surging demand from various sectors.
  • The Saudi LPG market, currently on an upward trajectory, is underpinned by a multitude of factors including environmental concerns, emerging applications in transportation, and increasing government initiatives towards cleaner energy options.
  • The Saudi LPG market is meticulously segmented into applications encompassing residential, industrial, commercial, agricultural, and transportation fields.

Liberty Energy Launches Bettering Human Lives Foundation to Advance Clean Cooking Solutions

Retrieved on: 
Wednesday, January 3, 2024
Entrepreneur, Professional Services, Philanthropy, Environmental Issues, Oil, Gas, Consumer, Socially Responsible Investing, Energy, Environment, Foundation, Green Technology, Environmental, Social and Governance (ESG), Walking, Quality of life, Pregnancy, Liquefied petroleum gas, Woman, Executive, Heat, Health, Wood, Cooking, Education, LPG, Water, Poverty, Public, Smoke, Investment, Safety, Renewable energy

Liberty Energy (NYSE: LBRT), a leading North American energy services company, is proud to announce the establishment of the Bettering Human Lives Foundation, a non-profit organization dedicated to promoting clean cooking solutions and improving the well-being of communities worldwide.

Key Points: 
  • Liberty Energy (NYSE: LBRT), a leading North American energy services company, is proud to announce the establishment of the Bettering Human Lives Foundation, a non-profit organization dedicated to promoting clean cooking solutions and improving the well-being of communities worldwide.
  • The launch of the Bettering Human Lives Foundation (BHL Foundation) complements the company’s initiatives focused on alleviating poverty.
  • The mission of the Bettering Human Lives Foundation is rooted in the conviction that clean cooking has the power to transform lives.
  • The Bettering Human Lives Foundation aims to achieve its mission by directly supporting innovators and entrepreneurs in Africa and Asia, enabling them to establish and expand their businesses in the clean cooking sector.

Mitsubishi Shipbuilding Holds Christening and Handover Ceremony in Shimonoseki for Demonstration Test Ship for Liquefied CO2 Transport

Retrieved on: 
Tuesday, November 28, 2023
Carbon, Mitsubishi Heavy Industries, Transport, Research, Ochanomizu University, LNG, Engineering, New energy, Utilization, CCUS, LPG, MHI, Safety, CO2, Carbon cycle, NEDO

TOKYO, Nov 28, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and handover ceremony for a demonstration test ship to transport liquefied carbon dioxide (LCO2).

Key Points: 
  • TOKYO, Nov 28, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and handover ceremony for a demonstration test ship to transport liquefied carbon dioxide (LCO2).
  • The ship will be used for the "CCUS R&D and Demonstration Related Project / Large-scale CCUS Demonstration in Tomakomai / Demonstration Project on CO2 Transportation" (the demonstration projects) being conducted by Japan's New Energy and Industrial Technology Development Organization (NEDO).
  • The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, in the presence of the ship owner Sanyu Kisen Co., Ltd. and other related parties.
  • As part of this effort, Mitsubishi Shipbuilding will actively pursue commercialization of LCO2 handling systems, and as a marine systems integrator, aim to achieve decarbonization.