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Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have inked a Strategic Collaboration Agreement (SCA). The agreement outlines their joint commitment to explore and develop low carbon energy technologies, marking a significant stride in aligning with global decarbonization goals.

Toyota is set to establish the Hydrogen Factory Europe. This groundbreaking initiative aims to foster a coordinated approach to hydrogen production, supporting the increasing demand for fuel cell systems in the region.