The leak in the leaking pipe system in Emlichheim, which was discovered at the beginning of 2019, tipped the scales: After large quantities of reservoir water leaked in the Lower Saxony region on the German-Dutch border, where Wintershall Dea has…
Since the start of the Ukraine war, special attention has also been paid to the development of domestic energy raw materials, which have so far been sourced mainly from Russia. Against this background, the State Office for Mining, Energy and Geology…
Austrian energy and chemicals group OMV has completed the sale of its service station business in Germany effective May 1, 2022. In February, the German Federal Cartel Office had approved the planned acquisition of the service station network of OMV…
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With its BlueHyNow project, gas and oil producer Wintershall Dea wants to produce hydrogen on a large scale in Germany and store CO2 in deep geological layers under the North Sea. Production is to take place at the Wilhelmshaven site, where a…
After the write-off of the Nord Stream 2 financing had recently been the dominant topic at Wintershall Dea, triggered by the war in Ukraine, the current presentation of the quarterly figures at Wintershall Dea focused on the handling of the remaining…
The U.S. energy group ExxonMobil has closed the first quarter with a significant jump in earnings. The sharp rise in energy prices in the first three months of this year not only increased sales, (+ 53 percent to 90.5 billion U.S. dollars), the…
Chemical company BASF plans to cease its activities in Russia and Belarus by the beginning of July 2022 in response to Russia's attack on Ukraine. The company had already announced at the beginning of March that it would no longer conclude any new…
