Low-carbon hydrogen has a tiny share of the global energy market today. Investors, though, are betting on the long-term potential of this super-versatile energy carrier. Shares with meaningful exposure to hydrogen have been among the best performing in the bull run of energy transition stocks these last few months. Green hydrogen, produced by electrolysis of […]

OMV, the integrated, international oil, gas and chemicals company headquartered in Vienna, and Kommunalkredit Austria AG (Kommunalkredit) have announced a joint investment in the construction of Austria’s largest electrolysis plant in the OMV Schwechat Refinery. Total investment will be around EUR 25 mn, with OMV and Kommunalkredit each bearing half the cost. The plant is […]

ENGIE and Equinor have announced their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore. ENGIE and Equinor have signed a memorandum of understanding to investigate the development low-carbon hydrogen value chains in Belgium, […]

A.P. Moller – Maersk speeds up on decarbonisation with a methanol-fueled feeder vessel on the water in 2023, piloting a scalable carbon neutral product to customers and offering fuel suppliers incentive to scale production of the fuels of the future. Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller […]

Sustainable and green-energy company, Clean Planet Energy, announced a breakthrough product in their mission to significantly reduce carbon emissions in fossil-fuel led transport. Branded as ‘Clean Planet Air’ in their launch video, the certified Kerosene/Jet Fuel can be used as a direct replacement for the fossil-fuel equivalent, yet it reduces C02 emissions by a minimum […]

The KONGSBERG Integrated control system keeps the vessel’s position, monitors and controls vessel functions and actively distributes energy across onboard consumers. COSL’s ambitious ‘Energy Control’ project has been launched as a means of simultaneously slashing greenhouse gas emissions and substantially lowering fuel and maintenance overheads on the company’s rigs situated on the Norwegian shelf in […]

INPEX CORPORATION (INPEX) has announced that it has formulated its “Business Development Strategy – Towards a Net Zero Carbon Society by 2050” (hereinafter “Business Development Strategy”). In association with this, the company will change its corporate name and implement an internal reorganization with the objective of standardizing the naming of INPEX Group companies and strengthening […]

Aramco and stc has announced the launching of Dammam 7, a new supercomputer among the top ten most powerful in the world. The supercomputer presents new opportunities in both exploration and development and enhances Aramco’s decision-making on exploration and investment decisions. This is the next step in Aramco’s digital transformation, complementing a suite of advanced […]

Bp has begun to directly supply gas customers in China with gas from liquefied natural gas (LNG) that it has imported into the country. This is the first time that bp has created a fully integrated gas value chain into China, directly connecting upstream resources, transportation and trading with downstream gas customers. The first cargo […]

Baker Hughes announced today an order with Petrobras to provide a suite of digital solutions across Petrobras sites in Brazil. The order, booked in the fourth quarter 2020,   will further expand Petrobras’ digital capabilities following a third quarter 2020 order  for a three-year frame agreement across multiple Baker Hughes Digital Solutions product lines. Baker Hughes will […]