The Industrial Park of Hoechst in Frankfurt, Germany, on June 23, 2022. Germany is in the process of activating an emergency plan for natural gas supplies to ward off a crisis this coming winter. Michael Probst/AP Photo
The energy crisis unfolding in Europe is starting to weigh on a growing number of the continent’s oil, gas, and utility companies.
Uniper, Germany’s struggling natural gas utility giant, recently filed a bailout application to the government after facing significant financial challenges, according to Finnish majority owner Fortum.