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Trafigura Group has agreed to increase its shareholding in H2 Energy Europe to become majority owners. This move comes as the company ramps up its development plans for large-scale green hydrogen production projects and mid- and downstream hydrogen supply and distribution infrastructure in Europe.

Hungary and Oman have signed an agreement on joint research and production of green hydrogen. The agreement was signed by the two countries’ foreign ministers, Szijjarto Peter of Hungary and Sayyid Badr bin Hamad bin Hamood Albusaidi of Oman.