Trending News: Trump Set to Reimpose ‘Maximum Pressure’ on Iran, Aims to Drive Oil Exports to ZeroEncino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer, Sources SayTrade War With China Casts Dark Cloud Over New US LNG ProjectsMarathon Petroleum Tops Q4 Earnings Estimates Despite Falling Refining MarginsWestern Europe’s Biggest Oilfield Shut Down Due to Power OutageUS NatGas Prices Fall 5% on Lower LNG FeedGas, Tariff DelaysChina Kills Energy Trade With the US, But Initial Impact is Limited: RussellJapanese Mitsui Considers Supporting a $44-Billion Alaska LNG ProjectUK Considers Withdrawing $1-Billion Financing for Mozambique LNGShell Resumes Production From UK North Sea Oilfield After RedevelopmentAll change at Air Products: The rise of MenezesGhasemi leaves strong if complex financial legacyCEO switch: How will Air Products shift its strategy?A legacy of ambition: Ghasemi’s billion-dollar betsA legacy of ambition: Ghasemi’s billion-dollar betsUS Interior Department Takes First Steps to Carry out Trump Energy AgendaChina Tariff Retaliation Targets its Modest US Energy ImportsCrude Prices Fall on US-China Trade ClashThese Are All the US Goods China Is Targeting With TariffsChinese Tariffs on US LNG Set to Reroute Global Trade FlowsOil Prices Sink 3% as Trump Hits Pause on Canada TariffsChina Slaps Retaliatory Tariffs on U.S. Crude and LNGGhasemi steps down as Air Products CEO; Eduardo Menezes named as successorGhasemi steps down as Air Products CEO; Eduardo Menezes named as successorSolar-Planit Software GmbH Announces Leadership TransitionGridStor Secures Texas Battery Storage Project, Strengthening Clean Energy PushUS-JOINT consortium grows to boost semiconductor technologyWeight matters: A new way to monitor nitrogen tanks in life sciencesU.S. Solar Manufacturing Surpasses 50 GW, Meeting National DemandFor The 6th Year, Eversource Earns JUST Capital & CNBC Recognition For Corporate ResponsibilityWill Trump Fill Strategic Petroleum Reserves ‘Right to the Top’?India’s Renewable Energy Drive: Progress, Initiatives, and Future GoalsLinde wins record small on-site projects in 2024Saudi Arabia Defers $1.2B Oil Payment By PakistanU.S. Gasoline Prices Resume DowntrendThe U.S. Has No Viable Alternative to Canadian CrudeVideo: Medical oxygen: supporting low and middle income countriesAir Liquide to boost Japan’s chip sector with new ASUAir Liquide to boost Japan’s chip sector with new ASUChina imposes 15% tariff on US LNG and coalU.S. Natural Gas Prices Surge On Canada Tariffs, Massive WithdrawalsSenate Confirms Fracking Executive Chris Wright as Trump’s Energy SecretaryLeningrad unit 3 gets approval to operate to 2030Grossi visits Ukrainian substation, stresses its nuclear safety roleGeorgia Power plans additional nuclear capacityBriefing: The SMR Regulators’ ForumThird Bruce unit begins refurbishmentCOMMENTARY: Crude Oil Produces Much More Than Gasoline – Yogi SchulzLukoil Refinery and Gazprom Plant Hit by Massive Ukrainian Drone AttackXcel Says Coal-Fired Texas Plant’s Conversion to Natural Gas Nearly CompleteSaudi Arabia, UAE Seen as Possible Venues for Trump-Putin Summit, Two Russian Sources SayOPEC+ Likely to Stick to Oil Output Hike Plan, Sources SayUS NatGas Prices Jump 9% on Colder Forecast, Sanctions WorriesGoldman Sachs: U.S. Tariffs Will Have Short-Lived Limited Impact on Oil PricesSouth Korea Found to Have 14 Additional Offshore Oil and Gas ProspectsSouth African Minister Says Coal Is Critical Mineral for the CountryOPEC+ Won’t Change Oil Production PlansWhy Is the USA Natural Gas Price Up Today?First for hydrogen as EU issues €1.25bn to energy projectsLow-carbon ammonia to be produced in UAE’s first methanol plantOil Prices Climb After US tariffs Spark Supply Disruption FearsArcLight Seals $865 Million Deal To Acquire Key Pipeline AssetOil Prices Start the Week Higher Following Trump’s TariffsVitol Expects Oil Demand to Remain Robust Until 2040ACME Solar Powers Up with NHPC, Signs 680 MW PPA For FDRE ProjectU.S. Department of Labor Approves National Apprenticeship Guidelines for the Solar IndustryRachana Construction Leads Renewable Drive With 25 MW Solar Project In Dharashiv, MaharashtraSharika Enterprises Expands Renewable Push With Key Solar Rooftop Deals From NHPC, PGCIL & NTPCNorth American Companies Brace for Fallout From Trump TariffsUSA Oil Refiners Look to Latin America, Iraq After Trump TariffsQuinbrook To Develop Another Key Solar Power Project In East MidlandsSaudi deal targets ammonia shipping as global prices riseSaudi deal targets ammonia shipping as global prices riseGoldman Sachs: Brent Crude Could Hit $93 if Sanctions Hit Iranian, Russian OilTrump Envoy Pressures Maduro as U.S. Weighs Cutting Venezuelan CrudeIraqi Parliament Clears Key Hurdle to Kurdistan Oil Export RestartVideo: Medical oxygen: how can we be better prepared?Union Budget 2025: Major Boost for Clean Energy, Nuclear Power and Green TechnologyArgent LNG selects Baker Hughes as tech providerCAIRE expands at-home oxygen therapy portfolio with IntenOxy5How Trump’s Tariffs Aim a Wrecking Ball at the Economy of America’s AlliesTrump’s ‘Tariff Thrashing’ Spurs Crisis Response From CanadaPhillips 66 Books Smaller-Than-Feared Loss in Q4Teralight Receives Approval to Begin Commercial Operations at 150-MW Solar Park in IsraelMMC Secures 70% Renewable Power with 20-Year Deal with NOA GroupMission 300 Africa Energy Summit in Dar es Salaam Calls for Coordinated Strategy to Tackle Continent’s Energy CrisisEnergy Transition: Empower Delegation to Attend IDEA Campus Energy 2025 in BostonAbu Dhabi DoE Chairman Highlights Innovation’s Role in Energy SustainabilitySaudi Arabia’s Solar Revolution: Achieving 50% Renewable Energy By 2030 With 40 GW Of Solar Power – ReportUnion Budget 2025: Industry Leaders Applaud Clean Energy And Manufacturing BoostOPEC Fund and Mauritania Forge Landmark Partnership to Boost Renewable Energy and DevelopmentBlykalla starts work on non-nuclear prototype SMRIndian budget launches Nuclear Energy MissionStart-up work under way for Akkuyu pumping stationIAEA finds commitment to safety at Novovoronezh plantPump Prices Set to Rise as Trump Tariffs Hit Closest Allies, Canadian, Mexican OilTrump Launches Trade War With Tariffs Against Canada, Mexico and ChinaNextEra Energy Leads Industry as Fortune’s Most Admired Utility in 2025Sunrun Secures $629M In Senior Securitization For Residential Solar & Battery ExpansionEnphase Energy Enters Vietnam & Malaysia, Expanding Solar Footprint In Southeast Asia

CEO switch: How will Air Products shift its strategy?

Gas
February 4, 2025

The appointment of former Linde executive Eduardo Menezes as Air Products’ new CEO marks a significant turning point for the industrial gas giant – and it is one that could reshape its approach to clean hydrogen, where it has taken a lead with key projects like NEOM in Saudi Arabia.

Menezes’ move into the top spot follows an investor-driven boardroom shake-up led by activist investor Mantle Ridge, which played a role in ousting longtime boss Seifi Ghasemi amid concerns over CAPEX and the company’s $15bn clean hydrogen pipeline.

A strategic recalibration?

Under Ghasemi, Air Products had made bold moves to make it one of the most aggressive backers of clean hydrogen – investing in some of the world’s largest production projects, including the 2.2GW NEOM green hydrogen plant.

… to continue reading you must be subscribed

Gas
February 4, 2025

All change at Air Products: The rise of Menezes

The appointment by Air Products of former Linde executive Eduardo Menezes as CEO marks a notable change of direction for the industrial gas major. Here’s more on Menezes and on…

Gas
February 4, 2025

Ghasemi leaves strong if complex financial legacy

Air Products’ EBITDA margin graph over the last decade is in many ways a metaphor for Seifi Ghasemi’s up-and-down career. If we leave to one side, and look at the…