Fortescue Metals Group (FMG) plans to cut 700 jobs and shift its focus from green hydrogen to green electricity.
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Saudi Aramco has taken a significant step towards bolstering its hydrogen ambitions by signing final agreements to acquire 50% of Air Products Qudra’s (APQ) blue hydrogen industrial gases business.
Uwe Kerkmann, head of H2UB, a platform that supports these fledgling businesses, has shed light on the industry’s growing pains.
Germany has taken a significant step to strengthen Europe’s hydrogen economy.
VINCI’s subsidiary, Cobra IS, has been awarded a significant €74 million contract by SMS Group GmbH to undertake piping and mechanical works for Thyssenkrupp Steel Europe’s steel production plant in Duisburg, Germany.
The European Commission has endorsed Italy’s €400 million initiative to foster industrial decarbonization, specifically focusing on hydrogen and its derivatives.
Namibia has announced a significant investment of N$380 million in green hydrogen projects as part of its commitment to sustainable energy and reducing carbon emissions.
Economics Minister Robert Habeck has unveiled a comprehensive plan to invest billions in hydrogen technology in a major move to steer Germany toward a more sustainable future.
In California, a class action lawsuit has been filed against Toyota, accusing the Japanese automaker of false advertising regarding the availability of hydrogen fueling stations for its Mirai model.
Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) to establish a $3 billion (AED 11 billion) green financing facility.
