Finance

Linde today (28th July) reported its quarterly financial results for 2023, highlighting a 15% increase in operating profits of $2bn, adjusted to $2.3bn.

Despite a complex and changing macroeconomic and geopolitical environment, Air Liquide delivered a very solid performance in the first half of the year (H1), according to CEO François Jackow.

Global multi-energy company TotalEnergies has revealed its plans to buy out the shareholders of Independent Power Producer (IPP) Total Eren, increasing its stake from close to 30% to 100%.

Sustainable building solutions company Holcim has been selected for three grants form the European Union (EU) Innovation Fund for its carbon capture, utilisation and storage (CCUS) projects in Belgium, France and Croatia.

Japan-based energy company JERA will explore the potential development of green hydrogen and derivatives projects with Saudi Arabia’s Public Investment Fund (PIF).

Researchers at Imperial College London (Imperial) have been awarded almost £1m ($1.3m) in funding from the UK Government’s Carbon Capture, Usage & Storage (CCUS) Innovation 2.0 competition to develop a carbon negative cement additive.

Energy solutions manufacturer HyAxiom has announced the completion of private placement of convertible preferred stock in an aggregate amount of around $150m.

Infrastructure and logistics provider Buckeye Partners has acquired carbon capture and storage (CCS) specialist Elysian Carbon Management (Elysian) from EnCap Flatrock Midstream.

Atlas Copco has completed the acquisition of cryopump service and distribution business of South Korea-based ZEUS.