Liquefied Natural Gas Limited (ASX:LNG) is pleased to advise that Magnolia LNG LLC (MLNG), its 100% owned subsidiary, has executed a non-binding Tolling Agreement Term Sheet (Agreement), with AES Latin American Development, Ltd (AES) which is a wholly owned subsidiary of The AES Corporation Group (NYSE:AES).
Clean Global Energy Limited (ASX:CGV) Chairman and CEO, Mr John Harkins, has welcomed the 12 cent speculative buy recommendation from Minelife's Gavin Wendt.
Clean Global Energy Limited (ASX:CGV) has entered into a binding Heads of Agreement with Mumbai-based oil, gas and power multinational, Essar (LON:ESSR), to provide its UCG technology and expertise under a Technology Licence Agreement (TLA).
Clean Global Energy (ASX:CGV) (CGE) is aware of today's decision by the QLD Government to disallow Cougar Energy's (ASX:CXY) UCG trial pilot plant to reopen. CGE is of the view that this decision by the QLD Government on Cougar's plant, does not in any way impact CGE's plans to progress the development of our QLD based coal tenements into income-producing assets in the medium to longer term.
Clean Global Energy Limited (CGE) (ASX:CGV) is pleased to advise that through a newly established US entity, Clean Global Energy Inc. ("CGEI"), CGE has entered into an exclusive Non-Binding Memorandum of Understanding (MOU) with AES Shady Point, LLC, an indirect wholly owned subsidiary of The AES Corporation (NYSE:AES).
