Company News

The Ministry of Energy and Minerals (MEM) is establishing a national hydrogen alliance (branded as Hy-Fly) to place Oman firmly on the map for the development and deployment of clean hydrogen.

bp announced that it has agreed Memoranda of Understanding (MoUs) with a series of new ‎potential customers for its proposed clean hydrogen production facility in Teesside in north-east ‎England.In March, bp announced plans for a clean hydrogen facility in Teesside (H2Teesside) that would aim to ‎produce up to 1GW of ‘blue’ hydrogen – 20% of the UK’s hydrogen target – by 2030.

Aker Carbon Capture has launched an integrated offering that 'covers everything a customer needs to reduce emissions by CCS' called Carbon Capture as a Service; Carbon capture made easy™.“Now is the time to bring the full value chain together to enable source-to-storage decarbonization.

ArcelorMittal announced that its Sestao plant in Spain will become the world’s first full-scale zero carbon-emissions steel plant.The development is the result of a memorandum of understanding signed with the Government of Spain that will see an investment of €1 billion in the construction of a green hydrogen direct reduced iron (DRI) plant at its plant in Gijón, as well as a new hybrid electric arc furnace (EAF).By 2025, the Sestao plant – which manufactures a range of flat steel products for the automotive and construction sectors, and general industry - will produce 1.6 million tonnes of zero carbon-emissions steel by:Changing the metallic input by increasing the proportion of circular, recycled scrap, and using green hydrogen-produced DRI from Gijón in its two existing EAFs.Powering all steelmaking assets (EAFs, rolling mill, finishing lines) with renewable electricity.Introducing several key emerging technologies that will replace the small, remaining use of fossil fuel in the steelmaking process with carbon-neutral energy inputs, such as sustainable biomass or green hydrogen.Central to this development will be the construction of a 2.3 million-ton green hydrogen DRI unit in Gijón.

Endress+Hauser announces it is now a sponsor of the Green Hydrogen Coalition (GHC). The manufacturer has donated to the nonprofit and is committed to supporting the GHC’s vision to deploy green hydrogen at scale to accelerate multi-sectoral decarbonization.

Shell Brazil Holding B.V. (Shell), a subsidiary of Royal Dutch Shell plc, marks the start of trading in shares of Raízen S.A.

Shell has begun work toward Europe’s largest PEM green hydrogen electrolyzer. The project, backed by a European consortium, will accelerate hydrogen production and contribute to Europe’s goal to achieve climate neutrality.

bp has acquired UK-based digital energy business Open Energi. The company’s digital platform uses real-time data to optimize the performance of energy assets.

Eni and BASF have signed a strategic agreement on a joint R&D initiative to reduce the CO2 footprint of the transportation sector.The cooperation aims to develop a new technology to produce advanced bio-propanol from glycerin, a side stream of the production of industrial biodiesel (FAME, fatty acid methil esters), that Eni will purchase from European producers.

Royal Dutch Shell plans to develop a new oil field in the Gulf of Mexico. This is the first project since the Dutch court ordered the company to accelerate its net-zero emissions goals.Shell Offshore Inc., a subsidiary of Royal Dutch Shell, announced the final investment decision (FID) for Whale, a deep-water development in the U.S.