Author: Arnes Biogradlija

Axion Ventures Inc. has entered into a Definitive Agreement dated October 27, 2021 to buy a 50% partnership investment in H2CI KuniUmi Asia, Inc. (“Hydrogen Investee Co”), a revolutionary business positioned to address one of the world’s most pressing issues – global decarbonization. Hydrogen Investee Co has the unique perpetual commercialization rights to a proven and patented Canadian technology for economically refining green hydrogen at scale, with commercial extraction activities beginning in Quebec, Canada, in the first quarter of 2022. The Company is acquiring the share from KUAM (Hong Kong) Investment 02 Ltd. on a favorable basis in exchange for…

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Southern Star Central Gas Pipeline, Inc. (Southern Star), a United States-based interstate natural gas pipeline company, and Cooper Machinery Services (Cooper), an Arcline Investment Management portfolio company, signed a memorandum of understanding (MOU) to initiate a joint hydrogen research project aimed at converting Southern Star’s fleet of gas-fired reciprocating integral engines to hybrid gas-hydrogen engines. This enterprise will be a pioneer in hydrogen development, laying the groundwork for future hydrogen expansion in the gas compression industry. Cooper and Southern Star will begin modifying a Cooper-Bessemer GMVH-12 compressor station in Hugoton, Kansas in Q1 2022 to run on a mixture of…

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Natural gas for hydrogen generation for car charging is set at 14.1 won, according to the Ministry of Industry on the 31st, which is roughly 25% less than the raw material cost of natural gas for transportation. From November 2021, the cut-off period is three years. The green hydrogen diffusion rate is used to determine whether or not to extend.

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