Norway-based hydrogen company Hystar AS (Hystar) has raised $26m in a Series B funding round which aims to scale-up to ‘full-commercial operations’ with an automated GW-capacity production online by 2025.
Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (Group) will purchase German global plant engineering and construction company Cryotec Anlagenbau GmbH (Cryotec) for an undisclosed amount.
Linde has completed its acquisition of nexAir, which was until now one of the largest independent packed gas distributors in the US, with 2022 sales of about $400m.
Oxygen therapy and on-site generation systems provider CAIRE Inc. has finalised the acquisition of MGC Diagnostics Holdings, Inc., a Minnesota-based non-invasive cardiorespiratory diagnostic systems manufacturer.
Worthington Industries has reported net sales of $1.2bn and net earnings of $16.2m, or $0.33 per diluted share, for its fiscal 2023 second quarter (Q2), ending 30th November 2022.
Leading compression technology specialist Burckhardt Compression (Burckhardt) has announced that its order intake since 1st April 2022 has passed one billion Swiss francs (CHF, equivalent to $1.1bn), setting a new milestone for the company.
Italian energy company Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy (Neptune), a deal that could be worth between $5-6bn, reported Reuters, citing a source with knowledge of...
Delays to several large liquefied natural gas (LNG) projects have been a major contributor to a $15bn drop in Russia’s upstream investments, according to Rystad Energy research.
Shell Petroleum, a wholly owned subsidiary of Shell, has reached an agreement with Davidson Kempner Capital Management, Pioneer Point Partners and Sampension to buy Nature Energy Biogas (Nature Energy) for nearly $2bn (€1.9bn).
The Board of gasworld is delighted to announce today that the senior management team of the company, together with the support of private equity firm Mobeus Equity Partners, has agreed to take over the company...
