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US firm to bring compatriot pump manufacturer into its fold for $2B

U.S.-based technology firm Honeywell has agreed to buy compatriot pump and compressor player Sundyne from private equity firm Warburg Pincus in an all-cash transaction. Valued...

US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG

Given the worldwide spike in total demand for natural gas, Houston-headquartered energy player NextDecade Corporation is contemplating further capacity expansion of its liquefied natural...

China’s LNG imports hit five-year low due to weak demand

China’s liquefied natural gas (LNG) imports have dropped to their lowest level since the onset of Covid-19 in early 2020.The decline is attributed to...

Chinese Steel Pressured by Tariffs Globally

China's giant steel industry is facing mounting pressure on exports this year as it faces another...
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