Trending News: Oil Cargo From US Emergency Reserve Heads to Asia, First in Over 3 Years Oil Prices Drop as Traders Look for US-Iran Talks ProgressWINNERS & LOSERS: Iran War Splits Global Markets Into Clear Winners and LosersIran Says Draft Deal with US Would Reopen Hormuz Shipping, End Naval BlockadeEU hydrogen sector pushes for Brussels to protect projects from RFNBO changesEU hydrogen sector pushes for Brussels to project projects from RFNBO changesCanada expected to sign major LNG export deal with GermanyADNOC Sends Another LNG Carrier Through Hormuz in “Dark Mode”Oil Prices Fall as Traders Bet on U.S.-Iran DealU.K. Energy Bills to Jump 13% as Gas Shock Hits HouseholdsNASA unveils $20bn moon base plansBrazil links fertiliser security to industrial policy in potential win for green ammoniaGreen Energy Sector Sees Mixed Trading As Clean Power Stocks Gain Momentum Amid Market Volatility (27 May 2026)Carbon capture could slash cement emissions by 75%, reveals studyEU green hydrogen chemicals research project orders US AEM techKyivstar Acquires 105 MW Solar Portfolio in Ukraine’s Lviv Region to Expand Renewable Energy Capacity to 118 MWWaaree Solar Panels Named Among the World’s Most Reliable for 5th Year in a RowBiogas recovery system opens at Budweiser UK breweryVattenfall Cuts Solar Park Construction Emissions by 67% Using Low-Emission Steel from SSAB at Germany’s Juliusburg/Krukow ProjectU.S. Natural Gas Prices Surge On Lower Output, Higher LNG FlowsEurope’s Arctic Oil Dilemma Deepens as Supply Fears GrowU.S. Sends Rare SPR Oil Cargo to Asia as Hormuz Crisis Reshapes TradeDigitalization, AI in Upstream Oil, Gas is ‘$500B Opportunity’Alnishan Shahul Honoured as Business Leader of the Year at Kerala Energy Excellence Awards 2026World’s largest LNG-powered container ship sets sail127 hydrogen-fuelled buses begin rollout in ItalyFire and gas mapping needs an expert eyeChina’s Guofuhee plans $30m investment in 1GW Moroccan electrolyser plantLSB moves to secure full ownership of El Dorado CCS projectUK must prioritise cheaper energy over net zero urges former Prime MinisterSanctioned Russian LNG Tanker Stops at Norwegian PortUkraine Cuts Gas Storage Rates To Encourage Domestic Buildup Ahead Of WinterRussia Weighs Fuel Export Limits as Attacks GrowUS Natural Gas Drops in Thin Trading as Options Contracts ExpireExxon, ConocoPhillips Seek Safeguards to Return to VenezuelaIndia’s KPI Green Energy Eyes $1 Billion Renewables Trust Launch by 2028Japan Looks to Protect Energy Assets of Japanese Firms in RussiaHormuz Shutdown Sends Capital Flooding Back Into RenewablesSumitomo Heavy Industries launches California semiconductor R&D facilitySumitomo Heavy Industries launches California semiconductor R&D facilityVideo | What AI growth means for the specialty gas marketCalifornia records first CO2 injectionGas operators urge EU support for hydrogen infrastructure buildoutLinde and Valmet advance electrical carbon capture tech for pulp and paperPEACE IN PERIL: Global Oil Price Gains 2% as US Military Strikes on Iran Add to Peace Deal UncertaintyNorthern Oil & Gas Reaches First Deal for Canadian Energy AssetsWhiteHawk Minerals Eyes $701 Million Valuation in US IPOSantos Doubles Down on Oil and LNG ExpansionCanada and India Push for Major Free Trade Deal Focused on Energy and TechFresh U.S. Strikes Complicate Iran DealNordex Pushes EU to Ban Chinese Wind Turbines From European GridsQatarEnergy extends LNG force majeure to mid-AugustUK Ebola vaccine effort shines light on cold-chain challengeAir Products talks up partnerships after third PSA installed in South AfricaGreen Energy And Mobility Stocks Show Mixed Trend As Select Heavyweights Rally Amid Market Weakness (26 May 2026)Top Stories Of The Day: ALMM-II: Which Solar Projects Qualify for Protection — and Why & More…UK Royal Air Force to use GeoPura hydrogen-based power systemsAirgas marks 10 years as an Air Liquide companyWork starts on liquefied biogas facility at GothenburgRajasthan Solar Association Leads Powerful Industry Dialogue on ALCM 2026, Calls for Urgent, Balanced and Industry-Ready Policy TransitionOil Prices Jump After U.S. Strikes Iranian Missile SitesAustralia Dodges LNG Disruption as Union Cancels StrikeQatarEnergy Extends LNG Force Majeure Into AugustAnalysts See Oil Being Pulled in 2 DirectionsARCI’s Nano-Engineered PCM Advances Thermal Storage for CSP and Industrial Heat RecoveryEnoc Group explores importing SAF from UzbekistanSolarEdge Technologies, Inc. Announces Appointment Of Maoz Sigron As New Chief Financial Officer Effective May 31, 2026Meca-Inox scales industrial valve manufacturing in Spain and ChinaUK-funded group unveils floating hydrogen-powered cruise ship charging conceptD-CRBN targets industrial scale up after closing fundraising roundSantos to focus on three regions in LNG pivotTrump Issues Upbeat Signal on Iran TalksKazakhstan Won’t Enforce $1.4B Gazprom Asset SeizureEurope’s Gas Prices Drop 5% On Renewed U.S.-Iran Talks OptimismStrait of Hormuz Crisis Triggers Global Fertilizer Supply ShockTrump Links Abraham Accords to Any Iran DealThird application lodged for Swedish SMR plantApproval milestone for US microreactor projectTAE, UKAEA joint venture formally established‘Largest ever shipment’ for a single nuclear plantVessel for Newcleo technology demonstrator installedMalaysia Secures Fuel Supply Through End of JulyChina’s Solar Additions Drop 79% in April as Domestic Market SlumpsAnalysts Explain Oil Price DropExpert Says Traders Should Brace for July Jump in Oil PricesOil Prices Fall 6% as U.S.-Iran Peace Talks Gain GroundOil Slips to Two-Week Low as US and Iran Seen Moving Closer to DealWhat Needs to be Agreed to End the Iran War?India Raises Fuel Prices for Fourth Time as Oil Crisis Hits ConsumersAustralia Set to Include Existing LNG Deals in Gas Reservation SchemeRubio Plays Down Imminent U.S.-Iran DealSinopec Boosts China’s Shale Oil OutputWestfalen aims to double industrial gas capacity in SwitzerlandTop Stories Of The Day: Solar Tenders, Transmission Expansion, Rooftop Policy Reforms, Corporate PPAs & More…Analysts Explain Oil Price DropUAE Showcases National Hydrogen Strategy And Clean Energy Vision At Global Hydrogen SummitSM Investments Corporation Raises Renewable Energy Usage To 31% In 2025Cypark Shifts To EPCC Model To Drive Renewable Energy Growth And Financial RecoveryOil Prices Plunge Below $100 on Iran Deal OptimismMore Tankers Make It Through the Strait of Hormuz

‘Back to basics’ Air Products posts $1.7bn Q2 loss after projects exit

Gas
May 1, 2025

Recently installed Air Products CEO Eduardo Menezes put a brave face on the company’s financial performance today, saying several times in a lengthy earnings call that it was going “back to basics” after posting a net loss of $1.7bn in the second quarter.

The result was severely impacted by $2.3bn in charges relating to three project cancellations: the World Energy Sustainable Aviation Fuel expansion project in Paramount, California; a green liquid hydrogen project in Massena, New York; and a carbon monoxide project in Texas.

And more tough decisions appear to lie in store for the industrial gas major.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

Gas
May 27, 2026

EU hydrogen sector pushes for Brussels to protect projects from RFNBO changes

By 1 hour ago 2 min read Hydrogen Europe is calling on Brussels to allow additional funding for green hydrogen projects that take final investment decision before 2028 to provide…

Gas
May 27, 2026

EU hydrogen sector pushes for Brussels to project projects from RFNBO changes

By 4 min ago 2 min read Hydrogen Europe is calling on Brussels to allow additional funding for green hydrogen projects that take final investment decision before 2028 to provide…