Browsing: NEWS

OQ Gas Networks (OQGN), a recently listed gas transportation company in the Sultanate, has inked a Memorandum of Understanding (MoU) with Belgian-based energy infrastructure group Fluxys. The collaboration seeks to explore and develop hydrogen and carbon dioxide (CO2) infrastructure projects in Oman, marking a pivotal moment in the nation’s sustainable energy journey.

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.

ArcelorMittal to buy Pecém’s green hydrogen Erick Torres, CEO of ArcelorMittal, announced that the company will buy green hydrogen generated…

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.

Wales & West Utilities, a prominent energy utility company, has secured funding from Ofgem’s Strategic Innovation Fund, and they are embarking on a groundbreaking project to develop green hydrogen electrolyser prototypes. This innovative venture holds the potential to transform how we think about hydrogen production and could significantly contribute to a more sustainable and green energy future.