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Update: Aramco clarifies stand on slowing down hydrogen plans

Saudi oil giant Aramco clarified it is not pausing its plans for blue hydrogen, adding that media reports with these “claims are inaccurate.” “The company’s goal of producing up to 11 million tons of blue ammonia, a carrier of blue hydrogen, by 2030 remains unchanged,” Aramco noted in a press release. In a call with […]

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Standing on the precipice

Oil & Gas Middle East reconvenes its hydrogen thinktank to discuss how adoption of the future fuel is progressing and the Middle East’s role in helping drive the energy transition

Navigating the energy transition and the changing demands of the energy mix have been hot button topics within the oil and gas industry. Numerous solutions have been suggested as to how the world can reduce its reliance on hydrocarbons and help mitigate climate change and, of these, hydrogen has emerged as a serious contender as […]

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Hydrogen could be $1 trillion per year industry by 2050

With greater numbers of energy companies and governments investing in hydrogen projects, it could form a major part of the energy mix in the coming years

New reports suggest that the hydrogen market could be worth $1 trillion per year by 2050 as it becomes viewed as a vital energy source in the transition from fossil fuels to greener alternatives. With greater numbers of energy companies and governments investing in hydrogen projects, it could form a major part of the energy […]

Posted inEnergy Transition

Blue hydrogen to account for 85% of low-carbon hydrogen capacity in North America by 2030

North America’s transition has been driven by blue hydrogen

Hydrogen markets are taking off around the world, and GlobalData expects low-carbon hydrogen production in North America to nearly triple by 2030, reaching 1.4 million tons per annum (mtpa). GlobalData notes that North America’s transition has been driven by blue hydrogen, which is expected to make up 85% of low-carbon hydrogen capacity by 2030. According […]