It will invest 750 million pounds in two plants to be set up by Progressive Energy as part of the deal. Natural gas and fuel gases from the refinery will be converted into low-carbon hydrogen, with carbon dioxide safely captured and stored offshore in sub-surface reservoirs in Liverpool Bay MUMBAI : Essar Oil UK will […]
- Tag "Hydrogen Project"
As an old energy company taking new steps toward prosperity, BP stock deserves a second look For decades, major energy firm BP (NYSE:BP) was known as a relatively stable company to invest in. Granted, the name did hit troubled waters with its 2010 oil spill in the Gulf of Mexico, but BP stock was able […]
Spanish power company Iberdrola SA and fertilizer maker Fertiberia SA have proposed a 1.8 billion-euro ($2.1 billion) plan to turn the country into an exporter of ammonia made exclusively with renewable energy. The pair outlined their green-hydrogen partnership on Wednesday, aiming to decarbonize the production of the compound currently made at fossil-fuel powered chemical plants. […]