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…
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…
