Chevron eyes $2.5 billion investments in low-carbon hydrogen
Chevron (NYSE:CVX) plans to spend about $2.5 billion building up its hydrogen business this decade as the oil major accelerates investment in low-carbon technologies.
Chevron (NYSE:CVX) plans to spend about $2.5 billion building up its hydrogen business this decade as the oil major accelerates investment in low-carbon technologies.
Governments must make “urgent, significant” policy interventions to ensure hydrogen opportunities don’t fade, a report has warned.
As Scotland and the UK look to source ever-greater amounts of energy from renewables like solar and wind, equal efforts must be made across the country’s grid infrastructure to ensure that energy can be moved to where it’s needed most – or, increasingly, stored for later if it can’t.
“This is not a free-for-all of ‘let’s have hydrogen at any cost’,” insists Angela Needle, vice president of trade body Hydrogen UK and strategic director at gas network Cadent.
Offshore Design Engineering (ODE) has won front-end engineering design (FEED) work on the Dolphyn green hydrogen project off Aberdeen.
Copenhagen Infrastructure Partners (CIP) has unveiled plans to build an artificial island in the Danish North Sea, where it would cluster large-scale green hydrogen facilities powered by offshore wind.
Technip Energies has launched a new range of flexible facilities for green hydrogen production, aimed at accelerating the drive to net zero.
Scotland’s net zero secretary said the country's oil and gas expertise and close links with Europe would open new hydrogen export opportunities, but stressed it must also bring local investment.
ScottishPower and Storegga, the firm behind the Acorn carbon capture project, have announced a green hydrogen partnership to “transform” industry in the Highlands.
Ireland’s first ‘hydrogen valley’ was announced on Thursday by Taoiseach Micheál Martin, which would see Galway play host to a green hydrogen demonstrator hub providing fuel for transport.
Wood will provide concept engineering for the H2 Magallanes Project, a large-scale green hydrogen facility in southern Chile being developed by Total Eren.
Ørsted and Repsol have announced plans to explore joint development of floating offshore wind projects in Spain.
Neom has signed an agreement to begin construction of a 1.2 million tonne per year green hydrogen facility in Saudi Arabia, the largest in the world.
SSE Renewables and Siemens Gamesa have unveiled plans to produce and deliver green hydrogen in the Highlands.
SSE Renewables has unveiled a new leadership team and operating model as it looks to meet ambitious capacity targets in the coming years.
Energy giant BP is to form a joint venture partnership with Aberdeen City Council (ACC) in order to deliver a major low carbon project.
H2 Green has signed a memorandum of understanding (MoU) with Highland Council, aimed at creating a network of green hydrogen hubs across the region.
Questions of green or blue hydrogen are by the by, there is a major need for construction to get under way in order to achieve net zero participants at the fourth episode of Hydrogen – Tracking Transition said recently.
The spread of offshore wind farms in Scotland could dent a key Shetland net zero project, which is working to decarbonise nearby oil and gas assets.
Sasol has reported EBIT of 24.3 billion rand ($1.6bn) for the six months ending on December 31, 2021, up 12%.
Green hydrogen investment platform Hy2gen has successfully completed a £167 million funding round.
Neptune Energy has teamed up with German renewables firm RWE to progress an offshore green hydrogen project.
Masdar has ambitious plans to scale up its power capacity and sees the entry of Adnoc and TAQA as set to “supercharge” its business.
US-headquartered engineering group Jacobs has been awarded a feasibility study contract from RWE to investigate the production and supply of hydrogen in South Wales.
Chemical and fertiliser giant Yara will install a green hydrogen demonstration plant at its ammonia production facility in Porsgrunn, Norway