New LNG supply will be limited until the second half of 2025 with Europe’s need to refill gas storage competing with Asian demand, according to Shell’s annual LNG Outlook report.
Air Products’ triple project cancellations, announced today, gives another big jolt to the delivery of clean energy and further underlines the challenges bridging policymaking with commercial strategies.
Air Products has exited three major US projects as its new management focuses on streamlining its backlog and prioritising initiatives that the company believes will drive shareholder value.
Europe is targeting Russian LNG projects under new sanctions and pledging 1.5 gigawatts (GW) of renewables investment to Ukraine, on the third anniversary of Russia’s invasion.
The UK National Wealth Fund will provide £200m to Grangemouth in a bid to reposition it as a low-carbon industrial site and attract private investment, Prime Minister Keir Starmer has confirmed.
German scale-up Hydrogenious LOHC has raised over €17m from investors to support upcoming hydrogen projects and develop its liquid organic hydrogen carrier (LOHC) technology, which delivers a means for storing hydrogen via a catalytic reaction.
The UK Net Zero economy is worth £83.1bn and 16% larger than the regional economy of the north-east, according to a new Confederation of British Industry (CBI) Energy & Climate Intelligence Unit report.
Air Liquide reported €500m in business efficiencies last year as it strived to be a more streamlined business focusing on IT and portfolio management, according to CEO Francois Jackow.
Air Liquide is expecting more final investment decisions (FID) to be pushed back to the second half of this year as customers wait on policy and economic clarity.
Air Liquide has recorded full-year 2024 revenues of €27.06bn, up 2.6% on the prior year on the like-for-like basis but down 2% in absolute terms, to deliver a net profit of €3.31bn, up 7.4%.
