Air Liquide has acquired 100 % stake in H2V Normandy (now called Normand’Hy) and with this development the company aims to build a 200 MW PEM electrolyzer in Port-Jérôme, France for the production of renewable hydrogen which will be used for industrial and heavy mobility applications. The firm will connect the electrolyzer to its hydrogen pipeline network in Normandy, which will lead to the development of the world’s first low-carbon hydrogen network.

Advanced Biofuel Solutions (ABSL) and Greenergy have entered into a joint development agreement to develop and operate up to five municipal waste-based biofuel plants in the UK over a period of time. The first plant is expected to commence in 2025 and will use will make use of ABSL’s RadGas technology to convert 133,000 tons of municipal waste annually into biomethane.

Phillips 66 and Plug Power have entered into a MOU under which both the companies will work towards scaling low-carbon hydrogen in the industrial and mobility sectors and developing hydrogen-related infrastructure. The company is currently establishing green hydrogen production facilities in the USA in order to supply 500 tons per day of liquid green hydrogen by 2025.

Air Products has plans to establish a 4.5-billion-dollar energy complex in Louisiana, USA which is expected to produce over 750 MMSCFD of blue hydrogen. The mega project is the company’s largest-ever investment in the U.S. and will also feature the world’s largest instance of CO2 capture for permanent sequestration.

Ineos intends to develop electrolysis projects across Europe in order to produce green hydrogen. The first facilities are expected to come up in Norway, Germany, and Belgium while investments are also being planned in the UK and France. The hefty investment is claimed to be Europe’s largest in electrolysis projects.

Sasol will be leading a feasibility study to explore the potential of the Boegoebaai project in South Africa as an export hub for green hydrogen and ammonia. The study which is expected to be concluded in two years will determine the project’s next move.

Incitec Pivot and Fortescue Future Industries have collaborated to undertake a feasibility study for producing green hydrogen on an industrial-scale at the company’s existing Gibson Island fertilizer manufacturing facility in Australia. The new project aims to produce around 50,000 tons of renewable hydrogen annually which will then be converted into green ammonia for Australian and export markets.

Under an Agreement of Intent, Maire Tecnimont and Rosneft have agreed to build a new VGO (Vacuum Gas Oil) hydrocracking complex at Ryazan's refinery in Russia. The project is expected to convert heavy petroleum products into Class 5 light commercial petroleum product, thus increasing Ryazan’s refining margins.

BASF is all set to launch its digital solution ‘OASE digilab’ this year. The solution is aimed at further improving the efficiency of the gas treatment process by analyzing the composition of the gas treating agents in real time.

Under the terms of the agreement, Posco and BHP will jointly promote R&D in manufacturing high-strength cokes and utilizing biomass, enhancing the reporting systems for estimating GHG emissions across the entire supply chain, and developing carbon capture, utilization and storage (CCUS) technologies.