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Woodside signs hydrogen deal
Woodside has signed a non-binding Memorandum of Understanding (MOU) with South Korea’s SK E&S Co. Ltd. (SK E&S) to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products. Under the MOU, Woodside and SK E&S plan to jointly explore opportunities relating to long-term ammonia and
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INEOS Inovyn becomes Europe’s first green hydrogen ISCC PLUS fully certificated producer
According to Webwire, INEOS Inovyn is the largest operator of electrolysis technology in Europe, producing 60,000 tonnes of low-carbon hydrogen annually across multiple sites. They have achieved a new ISCC certification, reflecting their ambition to reduce carbon emissions. From June 2023, hydrogen production at the group’s Antwerp site is now certified under ISCC PLUS –
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Baker Hughes unveils Druck hydrogen pressure sensor tech
Baker Hughes has introduced its latest hydrogen pressure sensors, signaling its entry into the hydrogen market. The technology, known as the Druck hydrogen-rated pressure sensors, provides long-term stability while remaining resilient in challenging environments. The hydrogen pressure sensors find utility across diverse applications, such as gas turbines, hydrogen production through electrolysis and hydrogen refueling stations.
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Power costs, patchwork rules hinder global energy transition, Repsol CEO says
High electricity costs and patchwork regulations are holding back global efforts to reduce reliance on oil and gas, such as clean hydrogen, the CEO of Spanish oil major Repsol said in an article on Reuters. Carbon capture technology, however, is already cheap enough to justify large-scale construction in some places, CEO Josu Jon Imaz
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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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