Connection

popular articles

Benin: TGS launches seismic operations to boost offshore oil exploration
Turkey Launches Hydrocarbon Exploration Mission in Somalia
Canada Faces Climate Challenges: Hydropower Under Pressure
Snam acquires 24.99% of Open Grid Europe for €920mn to strengthen European foothold
BP discovers new oil field 190 km off the coast of Louisiana

Air Liquide: New Governance from June 2022, Benoît Potier proposed to remain Chairman

  • [favorite_button]

Please share:

On Wednesday, industrial gases group Air Liquide announced a new governance structure, with the dissociation from June 2022 of the functions of Chief Executive Officer and Chairman of the Board of Directors, held by Benoît Potier since 2006.

Air Liquide enters a new cycle

François Jackow, 52, is to be appointed Chief Executive Officer, succeeding Benoît Potier, 64, whose term as Chairman of the Board of Directors will be up for renewal in May 2022, the Group said in a press release.
The Board of Directors met on Tuesday to examine the succession plan for the head of the Group, which the Appointments and Governance Committee had been working on for “more than two years”, as Benoît Potier approached the age limit (65) for the position of CEO.
François Jackow, who joined Air Liquide in 1993 and was the front-runner, is currently Executive Vice-President and oversees the Europe Industries, Europe Healthcare and Africa-Middle East-India divisions.

Retaining Benoît Potier’s experience

In its press release, Air Liquide is delighted to retain “the benefit of Benoît Potier’s successful experience in both functions and his attachment to the values of the Group he has led for 20 years and chaired for 15”.
Under his tenure, Air Liquide has more than doubled in size and its capitalization has increased fivefold, says the Group, recalling its recent positioning on “markets of the future” such as healthcare, digital and the energy transition with hydrogen.

“With this change in governance, which combines continuity and renewal, the Group is beginning a new chapter in its history, coinciding with the launch of our new strategic plan to be presented in March 2022,” said Benoît Potier, quoted in the text.

Strong economic recovery in Q3 2021

Air Liquide enjoyed a strong recovery in the third quarter, with a 17.2% jump in sales to 9.4% for the first nine months of the year, marked by major investments in hydrogen and the energy transition.
Air Liquide plans to invest a total of around €8 billion in low-carbon hydrogen between now and 2035.

Register free of charge for uninterrupted access.

Publicite

Latest news

The global wind turbine maintenance market to reach $59.67bn by 2030
US-China tariff war disrupts China’s petrochemical market
Washington targets Chinese buyers of Iranian crude with new sanctions
Oil rises over 3% following trade agreement between Washington and London
The discovery of 96% natural hydrogen renews interest in Kansas subsurface

Recently published in

RWE completes 999 MW in energy projects across the US and expands presence

German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
Veolia takes full control of WTS in a $1.75 billion deal
Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.
en_1140290946540-3
Veolia takes full control of WTS in a $1.75 billion deal
Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.
en_1140290946540-3
Legrand posts 12.3% increase driven by data centre demand
Legrand reaffirms its annual targets after strong first-quarter growth driven by the expansion of data centres and solid commercial performance in the United States.
Le siege de l'entreprise Legrand a Limoges (87)
Legrand posts 12.3% increase driven by data centre demand
Legrand reaffirms its annual targets after strong first-quarter growth driven by the expansion of data centres and solid commercial performance in the United States.
Le siege de l'entreprise Legrand a Limoges (87)
Aker BP reaches $3.2bn in Q1 2025 revenue and confirms growth strategy
Oil company Aker BP maintained stable production and strengthened its cash position in Q1 2025 while advancing key projects and new discoveries in the Norwegian Sea.
en_1140290954540-2
Aker BP reaches $3.2bn in Q1 2025 revenue and confirms growth strategy
Oil company Aker BP maintained stable production and strengthened its cash position in Q1 2025 while advancing key projects and new discoveries in the Norwegian Sea.
en_1140290954540-2

Exterra raises CA$20mn to industrialise mining residue transformation in Québec

Québec-based Exterra Solutions Carbone closes a CA$20mn Series A round to build the world’s largest asbestos residue treatment plant and expand its technologies internationally.
Marathon Petroleum posts $74mn net loss in Q1 2025
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
en_1140290961540-2
Marathon Petroleum posts $74mn net loss in Q1 2025
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
en_1140290961540-2
Euronext launches three indices to strengthen defence and energy financing
Stock exchange operator Euronext unveils thematic indices to channel capital into Europe's strategic energy, defence and aerospace sectors.
en_1140290956540-2
Euronext launches three indices to strengthen defence and energy financing
Stock exchange operator Euronext unveils thematic indices to channel capital into Europe's strategic energy, defence and aerospace sectors.
en_1140290956540-2
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
en_1140290945540
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
en_1140290945540

Shell appoints Colette Hirstius as head of US operations

Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ExxonMobil reports 6% drop in quarterly profit despite increased synergies
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
en_1140290963540
ExxonMobil reports 6% drop in quarterly profit despite increased synergies
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
en_1140290963540
Innergex shareholders approve 99.86% vote for full acquisition by CDPQ
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
en_1140290972540-2
Innergex shareholders approve 99.86% vote for full acquisition by CDPQ
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
en_1140290972540-2

Chevron sees net profit drop 36% in Q1 2025

Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
TC Energy invests CA$2.4bn in nuclear and natural gas
TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
en_1140290965540
TC Energy invests CA$2.4bn in nuclear and natural gas
TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
en_1140290965540
Air Products posts $1.7bn net loss and exits three US projects
Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
en_1140290967540
Air Products posts $1.7bn net loss and exits three US projects
Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
en_1140290967540

Prospera Energy increases revenue by 38% and strengthens financial positioning

Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Brookfield Infrastructure secures $1.6bn through targeted asset sales in 2025
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
en_1140290979540
Brookfield Infrastructure secures $1.6bn through targeted asset sales in 2025
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
en_1140290979540
Maxeon restructures operations after 55% annual revenue drop
Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
en_1140290981540
Maxeon restructures operations after 55% annual revenue drop
Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
en_1140290981540

Iberdrola posts 27% drop in quarterly profit following exceptional asset sale

Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2
Atlantic Petroleum cuts DKK90mn in debt and returns to profit in 2024
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
en_1140290953540-17
Atlantic Petroleum cuts DKK90mn in debt and returns to profit in 2024
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
en_1140290953540-17
Neoenergia sells 50% of Itabapoana Transmission to GIC for $24.8mn
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
en_1140290956540-15
Neoenergia sells 50% of Itabapoana Transmission to GIC for $24.8mn
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
en_1140290956540-15

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS