Should Vaalco and TransGlobe go forward with the deal, the combined firm will be an Africa-focused exploration and production company with assets in Egypt, Gabon, Equatorial Guinea and Canada. On Sept. 26, Vaalco announced the government of Equatorial Guinea approved a plan for an offshore project.
Columbia Gas unveils renewable natural gas fleet vehicle
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.