Since Seifi Ghasemi was appointed CEO in 2014, new management has launched several initiatives that drastically improved Air Products’ profitability, raising EBITDA margins by over 1,500 basis points.
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But it also creates fresh supply headaches for a handful of European countries that remain dependent on the Kremlin, pushing up gas prices across the whole Continent – including in Britain.
Austria, Slovakia, and Hungary, the last major EU consumers of Russian gas through Ukraine, have sought alternative supplies. Austria’s OMV and Slovakia’s SPP have turned to pipelines from Germany and ...
Russia's gas supplies to Europe through pipelines went up by 14% year-on-year in 2024 to 31.1 billion cubic meters. The supplies from Russia to Europe reached 28.15 billion cubic meters in 2023 ...
Several European countries still purchasing Russian gas had previously arranged alternative supply routes, it reported. The lapsed deal had represented about 5% of the European Union’s total gas ...
Gas supplies in Europe were stable with the exception of Moldova, the EU said on Thursday, a day after Russian gas transit via Ukraine stopped. Deliveries of Russian gas to Europe via Ukraine ...
Official says all companies except food producers have been idled Russian-speaking territory is worst casualty of gas transit halt Jan 2 (Reuters) - The cut-off of Russian gas supplies to Moldova ...
“Due to the repeated and clearly expressed refusal of the Ukrainian side to renew these agreements, Gazprom was deprived of the technical and legal ability to supply gas for transit through the ...
Ukraine on Wednesday halted Russian gas supplies to European customers through its pipeline network after a prewar transit deal expired at the end of 2024 and almost three years into Moscow’s ...