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Hydrogen

NGHC’s plans for mega green hydrogen plant in NEOM gain ground

NEOM Green Hydrogen Company (NGHC) has signed facility agreements with local, regional, and international banks along with the execution of a commitment letter with the Saudi Industrial Development Fund (SIDF) for a mega green hydrogen plant, set to produce green ammonia, in NEOM, Saudi Arabia. Loca

about 3 years ago

Hydrogen

In focus: Gas still runs the show but bets on hydrogen threaten to steal it

Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

about 3 years ago

Hydrogen

TAQA, ADNOC, and Mubadala become new shareholders of Abu Dhabi’s Masdar

Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala), and Abu Dhabi National Oil Company (ADNOC) have become the new shareholders of Masdar (Abu Dhabi Future Energy Company) following the completion of the agreed transaction. TAQA has the largest stake of 43% in Masdar’s

about 3 years ago

Hydrogen

Netherlands sets sights on hydrogen cooperation with Oman

During the climate summit COP27 in Egypt, the governments of the Netherlands and Oman have signed a declaration of intent with the aim to cooperate on hydrogen projects. The hydrogen cooperation between the two countries will focus on setting up import and export facilities for green hydrogen. The N

about 3 years ago

Hydrogen

How do things stand for the oil & gas industry in the wake of COP27?

In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

about 3 years ago

Hydrogen

Maritime sector teams up with hydrogen leaders to scale up green hydrogen production

Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca

about 3 years ago

Hydrogen

New action plan comes into the limelight to accelerate decarbonisation

With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.

about 3 years ago

Hydrogen

Israeli and Moroccan companies forge hydrogen partnership at COP27

Israeli company H2Pro and Moroccan renewable energy developer Gaia Energy have signed a strategic agreement for the co-development of a gigawatt-scale green hydrogen project. The agreement was signed during the UN Climate Conference COP27, which is being hosted by Egypt in Sharm El-Sheikh. Under the

about 3 years ago

Hydrogen

Uniper partners with NewMed Energy on LNG and hydrogen to minimise energy crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long term and producing blue and green hydrogen. The parties have signed a non-binding memorandum of understanding (MoU) to look into the supply of

about 3 years ago

Hydrogen

In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals

With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy

about 3 years ago

Hydrogen

Alfa Laval to deliver heat exchangers for world’s largest hydrogen plant

Swedish sustainable solutions provider Alfa Laval has signed an agreement to deliver compact heat exchangers to what is said to be the world’s largest hydrogen plant, which will be constructed in the Middle East. The facility, powered by renewable energy, will be part of the city of Neom, built from

about 3 years ago

Saudi giant unveils $1.5bn sustainability fund to support ‘stable and inclusive’ energy transition

Hydrogen

Saudi giant unveils $1.5 bln fund to support ‘stable and inclusive’ energy transition

Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support the energy transition.

about 4 years ago

Hydrogen

Should shipping bid for existing alternative fuels, or wait for technologies to mature?

in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you’re starting with.

about 4 years ago

Hydrogen

Clarksons: There are 130 ammonia-ready and 6 hydrogen-ready vessels on order

The green transition of the shipping industry is picking up pace with shipowners starting to invest in vessels that are technologically prepared to burn alternative fuels such as ammonia and hydrogen. Uptake of alternative fuels has continued to progress, with 4.8% (2021: 3.7%, 2017: 2.3%) of the fl

about 4 years ago