Linde reports 7% rise in annual operating profit
Linde overcame a challenging trading environment and pointed to the ‘resiliency of its model’ after posting a full-year operating profit of $9.7bn in 2024, up 7% on 2023.
Linde overcame a challenging trading environment and pointed to the ‘resiliency of its model’ after posting a full-year operating profit of $9.7bn in 2024, up 7% on 2023.
TotalEnergies’ LNG performance spurred 8% growth in Q4 but annual net income fell 21% to $18.3bn due to a sharp decline in refining margins.
Shell’s liquefaction and sales volumes fell to 7.1Mt and 15.5Mt respectively in the fourth quarter of 2024 as it posted overall earnings of $3.7bn – down from $6bn in the third quarter.
Shell expects lower LNG liquefaction volumes in Q4, ahead of published results on January 30.
Negotiations are underway for additional offtake at the NEOM green hydrogen megaproject in Saudi Arabia which would exceed the production of the facility, according to CEO Seifi Ghasemi.
Air Products recorded a 65% jump in net income to $3.9bn in its 2024 full-year consolidated results, fuelled by the $1.2bn after-tax gain from the sale of its former LNG business at the end of...
Aramco’s ambition is to create an LNG business that is tied to trading and can fully realise offtake value – and it is taking a similarly firm stance with hydrogen and ammonia.
Uniper is postponing its €8bn investment in green technologies and putting back its Scope 1 and 2 carbon neutrality targets by five years to 2040.
A sharp increase in the healthcare business, dynamic results in the Americas and Asia, and a record level of investment decisions were just some of the highlights reported in Air Liquide’s third quarter (Q3) 2024...
Höegh LNG Holdings reported an EBITDA of $75m for the second quarter of 2024, down from $79m in the preceding quarter.