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Belgian company Dredging Environmental and Marine Engineering NV (DEME) is gearing up to invest a colossal $3 billion in a groundbreaking green hydrogen production project in Egypt. This ambitious project aims to serve the growing demands of European markets for clean hydrogen.

Colombian Association of Industrialists (ANDI) and Naturgas have jointly launched Colombia’s very first hydrogen corridor project. This innovative endeavor, supported by nine prominent companies, aims to transform the way cargo is transported in a country where over 95% of goods are traditionally moved by road.

India’s Adani Group has set its sights on raising up to $4 billion, as reported by Bloomberg News. The grand goal? To propel the development of green hydrogen technologies, marking a significant stride in the global race toward clean energy alternatives.

Shell, one of the world’s largest energy companies, is set to cut 200 jobs as part of its cost-saving strategy, a move that signals a significant downsizing in its hydrogen division. This decision, announced by Chief Executive Wael Sawan, aims to reduce costs by up to $3 billion (£2.5 billion) across the company by the end of 2025.

TotalEnergies and Air Liquide have embarked on a visionary project that could reshape the energy landscape. This collaboration is set to usher in a new era of sustainability, marked by the long-term supply of green and low carbon hydrogen to the TotalEnergies refining and petrochemical platform in Normandy.