TOP STORIES OF THE WEEK
Parker Hannifin completes acquisition of Filtration Group Corporation
Parker Hannifin Corporation has completed its previously announced acquisition of Filtration Group Corporation, marking another step in the company’s ongoing portfolio transformation.
The acquisition brings Filtration Group Corporation’s range of engineered filtration technologies and aftermarket capabilities into Parker’s portfolio, strengthening its offering across key growth markets including life sciences, HVAC/R, and in-plant and industrial applications.
Parker Chairman and Chief Executive Officer Jenny Parmentier said the combination creates a complementary portfolio of filtration technologies and expands the company’s aftermarket presence globally. The acquisition is also expected to support earnings-per-share growth and create addi…
Argentina LNG project submits application for large investment incentive regime
Argentina LNG, an integrated liquefied natural gas (LNG) project being developed by YPF, Eni and XRG, has submitted an application to participate in Argentina’s Large Investment Incentive Regime (RIGI).
The application marks a significant step in the development of the proposed large-scale LNG export project, which is designed to leverage the substantial natural gas resources of Argentina’s Vaca Muerta formation.
The project is planned as an integrated LNG value chain covering upstream gas production, transportation and processing infrastructure, as well as offshore liquefaction and export facilities.
As part of the development, two Floating Liquefied Natural Gas (FLNG) units are planned offshore Río Negro province, with a combined liquefa…
Grain LNG appoints Peter Abdo as chief executive officer
Grain LNG, the UK’s largest LNG import terminal, has announced the appointment of energy industry executive Peter Abdo as chief executive officer, effective October 1st.
Grain LNG is jointly owned on a 50/50 basis by Centrica plc and Energy Capital Partners (ECP).
Abdo brings more than 30 years of experience across the global LNG, natural gas, power and commodities markets. He joins Grain LNG from Uniper, where he most recently served as chief commercial officer, LNG and Global Origination, overseeing the company’s global LNG activities, including trading, origination and shipping.
During his time at Uniper, Abdo was closely involved in the company’s response to the disruption of Russian pipeline gas supplies and the development of alterna…
Ghent Renewables commissions second production line to boost waste oil processing for biofuels and SAF
Ghent Renewables has successfully commissioned its second production line, marking a significant milestone in the company’s growth and expanding its capacity to process second-generation waste oils into feedstocks for biofuels and Sustainable Aviation Fuel (SAF).
The new production line increases Ghent Renewables’ processing capacity and enhances its ability to produce high-quality, low-metal feedstocks for the growing renewable fuels market.
The additional capacity is expected to support rising demand for waste-based feedstocks while strengthening the company’s contribution to the circular economy by converting waste oils into valuable resources for renewable fuel production.
Ghent Renewables said the commissioning represents an important…
CB&I completes first fill of pioneering non-vacuum LH2 storage demonstration tank
CB&I has completed the first fill of a liquid hydrogen (LH2) demonstration tank using non-vacuum insulation technology at NASA’s Marshall Space Flight Center (MSFC) Hydrogen Test Facility (HTF), marking a significant milestone in the development of large-scale LH2 storage.
Drawing on more than six decades of experience in cryogenic insulation and LH2 storage, CB&I is developing non-vacuum insulation technology designed to reduce the cost of large-scale liquid hydrogen storage. The programme, announced in 2025, brings together CB&I, Shell, NASA, GenH2 and the University of Houston to develop and validate scalable LH2 storage solutions under real-world operating conditions.
The technology is being demonstrated through a CB&I-…