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India refineries to invest $23bn in green hydrogen build-out | Hydrogen

Indian refineries are set to invest ₹2 trillion ($23bn) in green hydrogen projects over the next few years, according to the Independent Commodity Intelligence Services (ICIS), marking one of the world’s most ambitious national pushes for hydrogen decarbonisation. The plans include tenders for 42,000 tonnes per year of green hydrogen production across domestic oil refineries, recently confirmed by India’s Minister for Petroleum and Natural Gas, Hardeep Singh Puri. “These tenders have been floated by the refineries while 128 more will be issued by state-owned refineries based on the outcome of those tenders,” he said on social media platform X. To date, four green hydrogen pilot or demonstration plants have been commissioned by Indian Oil Corp (IOC), GAIL India, Hindustan Petroleum and Bharat Petroleum, with a further nine under construction. IOC is developing a 10,000 tonne… Read More »India refineries to invest $23bn in green hydrogen build-out | Hydrogen

Future of Energy event: Switching from natural gas to hydrogen ‘unrealistic,’ says Uniper CEO | Hydrogen

The notion that the energy market can switch from natural gas to green hydrogen is “completely unrealistic,” according to Uniper CEO Michael Lewis. Speaking at the Gas, LNG and Future of Energy conference in London, he said, “The cost of green hydrogen is extremely expensive, around eight to 10 times the cost of natural gas. So that’s not an option if we want to keep Europe as an industrial powerhouse.” He described the current market changes as a “necessary recalibration”. Echoing sentiments throughout the two-day conference, Lewis said natural gas has huge advantages as it is abundant, affordable and flexible. He went on to describe the Iberian blackout, which happened earlier this year, as a “good wake up call” as it underlined the importance of supply security, and expressed challenges with electricity prices in Germany,… Read More »Future of Energy event: Switching from natural gas to hydrogen ‘unrealistic,’ says Uniper CEO | Hydrogen

Perenco deploying upcycled MOPU to oil field off Congo

The Congolese subsidiary of Anglo-French oil and gas player Perenco is building a new platform to be deployed at a license it operates offshore Congo. The post Perenco deploying upcycled MOPU to oil field off Congo appeared first on Offshore Energy.

UK backs Acorn and Viking CCS projects in Spending Review | CCS

The UK Government has formally announced its backing for two major carbon capture and storage (CCS) projects that could collectively capture and store over 15 million tonnes of carbon dioxide per year by 2030. Announced today as part of the UK Spending Review, the Acorn CCS project in Aberdeenshire and the Viking project in Humberside have been selected to move forward under the government’s Track-2 carbon capture cluster process. The decision confirms formal backing and opens the door to final negotiations on funding terms and deployment timelines, with £9.4bn allocated to support carbon capture, utilisation and storage and hydrogen projects over the coming years. “We have always been clear that we support the Acorn project … we know what an important proposal it is,” said Energy Minister Sarah Jones. … to continue reading this article… Read More »UK backs Acorn and Viking CCS projects in Spending Review | CCS

SWS hands over final PCTC in ‘pioneering’ 8,600 CEU LNG-fueled series

Chinese shipbuilder Shanghai Waigaoquiao Shipbuilding (SWS), part of China State Shipbuilding Corporation (CSSC), has completed the 8,600 CEU LNG dual-fuel car carrier series for compatriot financial services company CITIC Financial Leasing. The post SWS hands over final PCTC in ‘pioneering’ 8,600 CEU LNG-fueled series appeared first on Offshore Energy.