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Eni, ADNOC partner for future energy transition, decarbonization projects
According to World Oil, Claudio Descalzi, Eni CEO, and his Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, signed today a Memorandum of Understanding (MoU) outlining a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonization. Through this agreement,
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Santos Advances Project to Produce Carbon-Neutral E-Methane
A major oil and gas company has advanced a significant partnership moving toward carbon neutrality. According to Offshore Energy, Santos Energy Solutions, an energy transition business of Australian oil and gas company Santos, has agreed to a deal with Osaka Gas Australia (OGA) to advance its project for producing carbon-neutral e-methane from green hydrogen. Santos
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Eni, ADNOC Create Partnership for Carbon Capture, Hydrogen, and Decarbonization Projects
Eni and ADNOC have struck a deal for future energy transition and decarbonization projects. According to World Oil, Eni CEO Claudio Descalzi and UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO Sultan Ahmed Al Jaber signed a Memorandum of Understanding summarizing a framework of collaboration for future projects on
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Hydrogen Funding Awarded $20 Million by the Hydrogen Centre of Excellence
A research and innovation agency is making a major investment in Canada’s hydrogen infrastructure. According to a company news release, the Alberta Hydrogen Centre of Excellence (HCOE) is awarding $20 million to 18 successful projects to advance innovations in hydrogen through its first funding competition. “Unlocking the potential of clean hydrogen is an essential part
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Exxon to Use Honeywell Carbon Capture Tech at Hydrogen Facility
An oil and gas major has entered a new partnership for a new hydrogen facility. According to Reuters, Exxon Mobil Corp is partnering with Honeywell International Inc. to use technology to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology allows Exxon to capture approximately 7 million
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EverWind Approved to Become First Green Hydrogen Facility in North America
A green hydrogen facility is coming to Canada. According to Reuters (via EnergyNow), EverWind Fuels told Reuters it is now the first green hydrogen producer in North America to secure the required permits for a commercial-scale facility. Provincial authorities in Canada granted environmental approval for EverWind to transform a former oil storage building and marine
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Portuguese-Canadian Joint Venture Plans $1.04 Billion Hydrogen Plant
A massive venture is developing between Canadian and Portuguese companies. According to Reuters, Canadian renewable energy company Neogreen Hydrogen and Portuguese developer of photovoltaic solar parks Frequent Summer announced plans to invest over 1 billion euros ($1.04 billion) in a green hydrogen plant in Portugal. Green hydrogen, which is produced using renewable electricity such as
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Fund Raises €2bn as Interest in Hydrogen Grows from Investors
Some major global companies and financial institutions are working together to invest in green hydrogen projects. This fund, backed by companies and institutions including TotalEnergies, Baker Hughes, and Axa, has raised €2bn ($1.94bn) to invest in green hydrogen projects as it seeks to tap into the growing adoption of the zero-carbon fuel. According to the
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Green Hydrogen Development Continues to Grow Globally
Green hydrogen is being hailed as a potential replacement for natural gas, and many countries around the world are investing heavily in this growing energy source. Green hydrogen could be a critical enabler of the global transition to sustainable energy and net zero emissions economies. This energy source comes from hydrogen generated by renewable energy
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Canadian-Based Irving Oil Switching to Hydrogen over Natural Gas in Refining Process
A family-owned oil, gasoline, and natural gas company in Canada is taking a major step toward lowering its carbon emissions. Irving Oil, which is based out of St. John, is expanding its hydrogen capacity at its New Brunswick refinery in order to offer clean energy to customers. According to The Canadian Press (via Energy Now),
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Abu Dhabi ADNOC and Masdar to join BPs UK hydrogen projects
ADNOC – the UAE’s largest energy company – will take a 25% stake in the design stage of bp’s blue hydrogen project, H2Teesside. This will be ADNOC’s first investment in the UK. bp and ADNOC will now advance the project, initially to the next stage of design, the pre-FEED stage. H2Teesside is expected to kickstart
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Houston region is poised to become a global clean hydrogen hub, according to a new report
Houston, long considered the “Energy Capital of the World,” is well-positioned to leverage all of our state’s and region’s vast energy resources to become a clean hydrogen hub, according to a new report. Houston (May 23, 2022) – With the U.S. Department of Energy set to announce plans for $8 billion in funding for
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