Europe's Rules on Ammonia-to-Hydrogen Kit Spark Investor Alarm [BNN Bloomberg (Canada)]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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Source: BNN Bloomberg
Hamburg-based Mabanaft Group — via its subsidiary Oiltanking Deutschland — and the US's Air Products & Chemicals Inc. have drawn up plans to build a facility for converting ammonia into hydrogen at the German port by 2026. But the project is stalled amid ongoing discussions with the EC, according to people familiar with the issue. The Commission said the legislative procedure is ongoing, with the final design of the regulatory framework subject to change. The tussle is important because hydrogen — which is converted into liquid ammonia for easier transportation — is seen as a key tool to decarbonize some of the most energy-intensive sectors. The fight pits the principles of fair competition against the needs of businesses to be able to draw up plans solid enough to attract financing. Read More: Europe's Manufacturers Are Struggling to Shift Away From Gas In its proposal for a renewable gas and hydrogen directive, the Commission stipulates that third-party access to terminals
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COP
Earnings
- 11/6/25 - Beat
COP
Sec Filings
- 12/23/25 - Form 4
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- COP's page on the SEC website