Industry News

DHL Express, Standard Chartered partner to co-invest in SAF

India’s green hydrogen revolution taking shape

Major Indian companies are venturing into the sector thanks to government support, but cost and incentive questions persist

EU ETS prices fall sharply

Allowance prices in EU’s emissions cap-and-trade scheme drop by a third as lower power prices hit demand

India says doors wide open for energy investment

Hardeep Singh Puri says upstream oil is vital as country goes all out to boost its energy sector across E&P, gas, biofuels and hydrogen amid booming demand

bp's Indiana refinery back to normal operations after Feb outage

Fiber Broadband Association reports NA hit highest annual FTTH growth record

China's key energy production base turns to hydrogen in pursuit of green development

The Ningdong Energy and Chemical Industry Base in northwest China's Ningxia Hui Autonomous Region, one of China's major energy production bases, is eyeing opportunities in hydrogen energy production.

ZeroAvia raises more cash for zero-emission hydrogen plane plan

Hydrogen plane startup ZeroAvia said it had secured $37.7 MM in new cash via a funding round led by Bill Gates' Breakthrough Energy Ventures and from the British government to support its bid to develop zero-emission aircraft.

Marine fleets explore H2 in quest for net-zero carbon emissions

The first tests of hydrogen fuel in ocean-going vessels took place in the latter half of 2020, as the maritime industry explores technologies to reduce CO2 emissions and confidence grows in the safety of hydrogen's use as a commercial fuel.

Japan aims to eliminate gasoline vehicles by mid-2030s, boost green growth

Japan aims to eliminate gasoline-powered vehicles in the next 15 years, the government said, in a plan to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050.

Hyundai Motor Company, INEOS sign an MoU to accelerate the global hydrogen economy

Hyundai and INEOS will jointly investigate opportunities for the production and supply of hydrogen as well as the worldwide deployment of hydrogen applications and technologies.

BP and Ørsted to create renewable H2 partnership in Germany

BP and Ørsted signed a letter of intent (LOI) in mid-November 2020 to jointly develop a ‎project for industrial-scale production of green hydrogen—a significant step in developing ‎BP's hydrogen business. Green hydrogen is made by the electrolysis of water using ‎renewable power, producing zero emissions.