S&P Global to Buy IHS Markit for $44 Billion in 2020’s Biggest Merger
By Noor Zainab Hussain (Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger,...
KUALA LUMPUR, May 16 (Reuters) – Malaysian oil company Petronas said on Tuesday it has signed an agreement with Gas4Sea partners, comprising Engie SA, Mitsubishi Corp and Nippon Yusen KK to explore collaboration in promoting LNG as a preferred marine fuel.
Gas4Sea is a partnership created to jointly promote liquefied natural gas (LNG) as a cleaner maritime fuel, by providing LNG bunkering services to the global market, the statement said.
Petronas said the agreement was signed by its subsidiary Petronas LNG Ltd and its shipping affiliate, MISC Bhd .
The parties to the agreement will explore ways to collaborate and identify potential business opportunities in relation to LNG bunkering, the statement said. (Reporting by A.Ananthalakshmi; Editing by Tom Hogue)
(c) Copyright Thomson Reuters 2017.
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