Finance

Air Liquide overcame a challenging geopolitical and economic environment to post sales of €29.9bn in 2022.

Strong performances in its Energy Marketing and Trading (EMT) division and the global LNG market contributed to Centrica recording a £3.3bn profit in 2022.

Equinor has made an oil and gas discovery close to the Troll field in the North Sea, its seventh discovery in this area since autumn 2019, after posting net income of $28.7bn in 2022.

The asset management arm of global banking giant Goldman Sachs has said that it will invest more than €1bn euros in the development of Europe’s biomethane production capacity through its newly created venture, Verdalia Bioenergy.

TotalEnergies recorded a 95% jump in net income with its Integrated Gas, Renewables and Power (IGRP) division in 2022 on the back of strong LNG sales and regasification capacity in Europe.

Linde recorded an adjusted operating profit of $7.9bn ($7,904m) in 2022, up 10% on 2021, and maintains it is on track for a ‘record year’ in 2023.

Gas and low carbon energy contributed more than half to bp’s $27.6bn (£23bn) profits in 2022 as the energy giant capitalised on soaring energy prices.

Air Products today reported a 6% growth in first quarter net income to $584m – and its cash contribution to NEOM will halve to $800m.