Saudi Arabia wants the EU to embrace long-term contracts in green hydrogen investment potential.
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The businesses will begin by conducting research on the viability and potential of producing green hydrogen to decarbonize industries in Central Germany.
A hydrogen test cargo has landed at the port of Hamburg.
Petronas has made measures to investigate this energy source as a flexible medium in the transmission of energy across sectors.
The Yuri project, valued at A$87 million ($58 million), is scheduled to begin construction in November.
At the end of 2022, Ben van Beurden will leave his position as Shell’s CEO, and Wael Sawan will take over.
Shell and Siemens will develop energy-efficient and sustainable power solutions.
There is an immediate demand for market expansion, thus money is not really an issue.
The agreement gives the two parties a framework for their collaboration on an evaluation of green hydrogen projects being developed by Total Eren that can utilize Provaris’ ship carriers.
Five “Xient Hydrogen Electric Trucks” from Hyundai Motor Company will be delivered to California.