(Energy Analytics Institute, 17.Jan.2023) — Wintershall Dea will exit Russia. Wintershall Dea’s supervisory board approved a principle decision by the management board. As a consequence, Wintershall Dea intends to fully leave Russia in an orderly manner complying with all applicable laws and regulations, the company announced 17 Jan.uary2023 on LinkedIn. […]
Tag: Mario Mehren
Wintershall Says Low Costs Will Boost Profits After Merger With DEA
(Reuters, Vera Eckert, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall will boost profitability after its planned merger with rival DEA, drawing on cost cuts from the move, an expansion of proven reserves and increased output, its chief executive said on Thursday. “We have cheap production and development costs and […]