Hydrogen

Houston-based energy manufacturing and logistics firm Phillips 66 and fuel cell manufacturer Plug Power Inc. have signed a memorandum of understanding (MOU) to collaborate on the development of low-carbon hydrogen business opportunities. Phillips 66 already owns hydrogen-related infrastructure and uses hydrogen in the manufacturing of transportation fuels. Plug Power, meanwhile, is developing green hydrogen production…

A consortium of public, private and academic experts led by Royal Dutch Shell plc has been tapped to develop large-scale liquid hydrogen (LH2) storage for international trade applications. The Department of Energy (DOE) Hydrogen and Fuel Cell Technologies Office, which awarded the project, wants the group to demonstrate that a large-scale LH2 tank, with capacity…

TC Energy Corp. on Thursday became the seventh oil and gas provider to sign a hydrogen supply development agreement with aspiring electric transport truck manufacturer Nikola Corp. The deal calls for cooperative planning, construction, operation and ownership of hydrogen production hubs for Nikola’s proposed fuel cell electric vehicles (EV) across the United States and Canada.…

Low-carbon hydrogen could fulfill its potential to help the world reach net-zero emissions, but not without government support, the International Energy Agency (IEA) said Monday. In its Global Hydrogen Review 2021, the world’s energy watchdog said production today is minimal, costs are not yet competitive and its use in “promising” industry and transport sectors remains…

U.S. midstream giant Williams has partnered with Denmark’s Ørsted A/S to co-develop hydrogen or synthetic natural gas facilities powered by renewable energy. The companies signed a memorandum of understanding (MOU) to identify ways to leverage Ørsted’s renewables and hydrogen expertise with Williams’ natural gas infrastructure and processing experience to develop the projects. In particular, they…

Using the financial muscle of its global natural gas and oil portfolio, Chevron Corp. is tripling its investments in low-carbon ventures with an eye on becoming a force in renewable fuels, hydrogen, carbon capture and offsets. The nation’s No. 2 oil producer on Tuesday pledged to earmark $10 billion in capital spending for low-carbon opportunities…

Global demand for refined products is expected to peak in 2036 and then decline by 2050 lower than 2019 levels, according to a new forecast by IHS Markit. From 2021 to its 2036 peak, total refined product demand is expected to grow by nearly 9 million b/d. Refined products include production from refineries, such as…

Chevron Corp., one of the largest oil and natural gas producers in the world, is moving swiftly to capture lower carbon energy opportunities, with a bevy of partnerships announced in recent weeks designed to build its market share. The San Ramon, CA-based supermajor is expanding its reach into the U.S. compressed natural gas (CNG) market…

Mitsubishi Power Americas Inc. is on a mission to build out a “hub-and-spoke” network of infrastructure to produce, transport and store low-carbon hydrogen in North America, CEO Paul Browning said recently. The company’s large-scale hydrogen partnerships include what it touted as the largest green energy storage project and the largest blue hydrogen project in North…