5/10/2025 (Reuters) — Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni, the U.S. oil producer said on May 7, representing Exxon's first signed customer agreement for its planned hydrogen facility in Baytown, Texas. ...
This project is a critical component of a broader €1.3 billion green hydrogen initiative in Sines, which positions the country at the forefront of the energy transition in Europe.The Silves Wind Farm, currently undergoing the preliminary stages of environmental licensing, will feature thirty-two high-capacity turbines with a combined output of up to 224 megawatts (MW). Once completed, it will rival...
After a proxy fight, a successful shareholder revolt, and the ousting of a CEO, Air Products, the largest hydrogen company in the world, is floundering. In early May, it posted a $1.7 billion net loss for the second quarter of the fiscal year. While Air Products produces an array of industrial gases, the newly appointed CEO, Eduardo Menezes, told investors on the company’s recent Q2 earnings call that...
South Korea’s Ministry of Trade, Industry, and Energy announced the formation of a public-private partnership and funding for an effort to build the world’s largest liquid hydrogen carrier. The government views it as a key opportunity where South Korea’s shipbuilders can develop a leadership position building on its current strategy of focusing on high-value ships. “Liquefied...
Norwegian energy company Statkraft has halted new hydrogen developments across its European portfolio due to “increased uncertainty in the market”. Statkraft, which will celebrate its 130th anniversary later this year, will now stop developing new projects in Norway, Sweden, the UK, Germany, the Netherlands, and Italy. Parts of its portfolio will be matured before seeking investors to...
China’s Green Hydrogen Surge: 2025 Electrolyser Orders Already Outpace Entire 2024 Fuel Cells Works Source link...
Highlights : There are only 1,160 GH2 stations worldwide by the end of 2024 Over 20 percent of planned EU Green Hydrogen projects (about 29 GW capacity) were shelved by end-2024 Drumming up subsidies, something the sector was good at, is becoming increasingly tougher to justify considering the fall in costs for other green options....
Govt Launches 5 Pilot Projects for Hydrogen in Buses, Trucks Fuel Cells Works Source link...
Babcock & Wilcox to Use Portion of Proceeds of Asset Sale for BrightLoop ™ Technology Deployment, Including Massillon Project B&W and Kanadevia Inova also sign Memorandum of Understanding to evaluate potential cooperation on development of BrightLoop projects using waste and biomass (AKRON, Ohio – May 6, 2025) – Babcock & Wilcox Enterprises, Inc....
European Commission backs hydrogen as best option to decarbonise steel sector, but questions remain over technology choices and funding The European Commission’s European Steel and Metals Action Plan, coupled with its Clean Industrial Deal, offers strong support for the deployment of clean hydrogen in the metals sector. The plan, released in...
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