Hydrogen
News
December 11, 2024
Tenaris and IGI Poseidon, a joint venture between Greece’s DEPA International Projects and Italy’s Edison S.p.A., have joined forces to advance the hydrogen transportation via ultra-deep offshore pipelines.
Article
November 2024
Blue hydrogen intersects traditional fossil fuels and the emerging low-carbon economy. For upstream companies, this convergence offers a way to participate in the energy transition and decarbonize hard-to-abate industries. In the near term, blue hydrogen will play a key role in regions with abundant natural gas and suitable CO₂ storage sites.
News
November 03, 2024
DNV Inspection, an independent assurance and risk management provider, has set its sights on aggressive growth in the low-carbon energy space following a run of contract wins in recent years.
News
October 07, 2024
Saudi Arabia is preparing to make a multibillion-dollar bet on hydrogen and will launch a new company to produce the much hyped low-carbon fuel, according to people familiar with the matter.
News
September 24, 2024
The news follows Friday’s announcement by Equinor ASA — Norway’s biggest oil and gas company — that it’s scrapping plans to develop a pipeline to transport hydrogen to Germany due to a lack of customers, supply and an adequate regulatory framework.
News
September 10, 2024
The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
News
September 04, 2024
ADNOC is the third major industrial partner to join Exxon’s project, which would produce 1 Bcf of hydrogen per day and 1 million tons of ammonia a year. JERA Co., Japan’s biggest power, provider signed a non-binding agreement in March to buy half of the ammonia and in June Air Liquide SA said it could use its pipelines.
Article
June 2024
Addressing hydrogen hurdles to unlock net zero potential
News
June 27, 2024
Baker Hughes launched three gas, flow and moisture measurement sensor technologies designed to improve safety performance and drive productivity in oil and gas, hydrogen and other applications across energy and industrial sectors.
News
June 17, 2024
The estimated global expenditure on hydrogen production for energy purposes from now until 2050 is expected to reach $6.8 trillion, with an additional $180 billion allocated for hydrogen pipelines and $530 billion for the construction and operation of ammonia terminals.
News
April 23, 2024
The Independent Petroleum Association of America (IPAA) and the American Petroleum Institute (API) released statements on the new National Petroleum Council (NPC) report on reducing greenhouse gas emissions from the natural gas supply chain being presented to Department of Energy Secretary Granholm.
News
March 25, 2024
JERA will consider buying 500,000 tons a year, or half the ammonia produced from Exxon’s proposed low-carbon hydrogen project in Baytown, Texas, the companies said in a statement. Hydrogen can be converted into ammonia for shipping and storage, then burned cleanly to produce electricity.
News
March 20, 2024
Exxon Mobil Corp. won’t move forward with one of the world’s largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities, Chief Executive Officer Darren Woods said during an interview.
News
January 29, 2024
Baker Hughes announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy. The milestones were announced during the 24th Baker Hughes Annual Meeting held in Florence, Italy, and included advancements in the company’s hydrogen enabling technologies, as well as progress in executing several customers’ hydrogen projects and new collaborations in the sector.
News
December 22, 2023
Billions of dollars in hydrogen-industry subsidies from President Joe Biden’s signature climate law will come with stringent environmental safeguards, raising concerns that strict rules will stifle production of the nascent climate-friendly fuel.
News
December 22, 2023
The American Petroleum Institute (API) released the following statement on Dec. 22 from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the U.S. Department of Treasury released its preliminary guidance on the 45V tax credit.
News
December 06, 2023
The drafted blueprint includes requirements sought by some environmentalists that would limit the $3-per-kilogram credit to hydrogen-production operations powered by wind, solar or other clean-power projects built within the last three years, according to people familiar with the plan.
News
November 29, 2023
GH2 is working to advance the energy transition through its tailored subsurface microbiology solutions that use the power of microorganisms to enable in-situ hydrogen production from depleted or uneconomical oil reservoirs.
News
November 21, 2023
Germany’s Heide oil refinery and its partner Orsted A/S have shelved plans for a green hydrogen plant due to increased investment costs and associated economic risks.
News
November 19, 2023
(WO) — PT Pertamina (Persero) reaffirms its commitment to lead Indonesia's decarbonization efforts through a $2 billion collaboration with ExxonMobil. The companies have partnered to develop a carbon capture storage (CCS) hub in the Java Sea with a capacity of up to 3 gigatons of CO2.
News
November 19, 2023
Labour has pledged to create a £2.5 billion ($3.1 billion) fund for companies creating clean tech jobs in hydrogen, offshore wind and carbon capture and storage around the North Sea as leader Keir Starmer tries to win votes in Scotland.
