Mitsubishi and ExxonMobil sign hydrogen deal
Oil and Gas News|October 2024
MITSUBISHI and ExxonMobil have signed a Project Framework Agreement for Mitsubishi's participation in ExxonMobil's Baytown, Texas facility, which is expected to produce virtually carbonfree hydrogen with 98 per cent CO2 removal and lowcarbon ammonia.
Mitsubishi and ExxonMobil sign hydrogen deal

The agreement will involve discussions on Mitsubishi's offtake of low-carbon ammonia and equity participation in the project.

The ammonia is expected to be used in Japan for power generation, process heating, and industrial activities.

The facility is expected to be the world's largest upon startup, producing up to 1 billion cubic feet daily of low-carbon hydrogen and over 1 million tons of low-carbon ammonia per year. A final investment decision is expected in 2025, with the plant expected to start in 2029.

この記事は Oil and Gas News の October 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Oil and Gas News の October 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

OIL AND GAS NEWSのその他の記事すべて表示
Nigeria leads Africa as top investment destination
Oil and Gas News

Nigeria leads Africa as top investment destination

NIGERIA ranked as Africa's leading destination for upstream oil and gas investment in 2024, research from market intelligence firm Wood Mackenzie shows.

time-read
1 min  |
February 2025
BBTC Mena to explore innovative solutions
Oil and Gas News

BBTC Mena to explore innovative solutions

THE 11th edition of the Bottom of the Barrel Technology Conference (BBTC) Mena is set to take place from February 4-5 in Bahrain.

time-read
1 min  |
February 2025
Libya aims to boost refining capacity
Oil and Gas News

Libya aims to boost refining capacity

LIBYA'S Minister of Oil and Gas, Dr Khalifa Abdulsadek, shared plans to increase the country's refining capacity from 300,000 to 400,000 barrels per day (bpd) as part of its long-term strategy to enhance energy security and sustainability.

time-read
1 min  |
February 2025
Red Sky Energy secures 35pc stake in Angola block
Oil and Gas News

Red Sky Energy secures 35pc stake in Angola block

AUSTRALIAN exploration and production company Red Sky Energy has acquired a 35 per cent stake in Block 6/24, offshore Angola, marking its first foray into Africa's oil and gas market. Angola's production is around 1.1 million barrels a day, making it an attractive destination for the company.

time-read
1 min  |
February 2025
Emerson helps firm meet emissions target
Oil and Gas News

Emerson helps firm meet emissions target

EMERSON has partnered with Laramie Energy, a Colorado-based oil and gas producer, to help it comply with state and federal emissions regulations.

time-read
1 min  |
February 2025
Lhyfe, Masdar to explore joint green hydrogen projects
Oil and Gas News

Lhyfe, Masdar to explore joint green hydrogen projects

LHYFE, a leading producer and supplier of green and Abu hydrogen, Dhabi Future Energy Company Masdar, the UAE's clean energy leader, have signed a memorandum of understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.

time-read
1 min  |
February 2025
CHM 2025 to unite hydrogen leaders for production boost
Oil and Gas News

CHM 2025 to unite hydrogen leaders for production boost

CONNECTING Hydrogen Mena 2025 (CHM2025), taking place from February 24 to 26 in Dubai, will unite the hydrogen value chain to accelerate advancements in hydrogen production, the economy, and exports.

time-read
1 min  |
February 2025
Krohne unveils new version of software solution
Oil and Gas News

Krohne unveils new version of software solution

KROHNE Middle East and Africa, a leader in industrial measurement technology, has unveiled its latest advanced software solution for calibration, asset management, and data analytics, CalSys AMADAS.

time-read
1 min  |
February 2025
Riding out market volatility with the power of data
Oil and Gas News

Riding out market volatility with the power of data

While geopolitical tensions, OPEC actions, and Trump's policies fuel uncertainty in oil markets, technology aids traders in navigating fluctuations, David Goldman, Head of Trading at Novion, tells OGN

time-read
4 分  |
February 2025
Harnessing wasted energy for decarbonisation
Oil and Gas News

Harnessing wasted energy for decarbonisation

The energy transition depends on technology and collective commitment to sustainability, doing more with less, and uncovering value in unexpected places, prioritising sustainability in every decision, Freddie Sarhan tells OGN

time-read
3 分  |
February 2025