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Uniper SE is a German energy company primarily engaged in power generation, global energy trading, and energy sales. The company operates conventional power plants, focusing on gas, coal, and hydroelectric power generation, and is involved in global commodity trading markets, including electricity, natural gas, liquefied natural gas (LNG), coal, and carbon allowances. Formed in 2016 as a spin-off from E.ON, Uniper is headquartered in Düsseldorf, Germany. The company has a significant presence in Europe, North America, and Asia, leveraging its expertise in energy systems to provide reliable energy supply solutions. Uniper's strategic positioning lies in its diversified energy mix and trading expertise, which allows it to navigate the complexities of the energy transition.

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2025, reserves stood at 8.1 billion barrels of oil equivalent, 44% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with a capacity of 1.4 mmb/d located in the Americas, Asia, and Europe, and sells about 9 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in NorthWestern Europe, China, and North America.