Chart Industries reported a first quarter net income of $6.7m from continuing operations – compared against a $22m loss in the three months to the end of March 2023.
Linde’s clean energy projects are seeing a slow down in momentum as the company aims to ensure only ‘high quality’ projects are taken to final investment decision (FID).
Linde managed to shrug off a challenging and largely “stagnant” economic climate to post an adjusted operating profit of $2.3bn (up 6%) in the first quarter.
California-based Thiozen, a spin-off of the Massachusetts Institute of Technology (MIT), has successfully produced clean hydrogen from sour gas waste streams at a pilot unit in the Permian Basin, US.
Shell’s Integrated Gas (LNG) division generated $3.68bn in earnings in the first quarter with liquefaction volumes rising 0.5MT to 7.6MT.
Air Products is not planning to spin out its hydrogen business as a separate entity in the next few years, as the nascent market for hydrogen is still developing and the price of the gas...
In Southeast Asia, a strategic approach to renewable hydrogen is emerging as a linchpin for industrial decarbonisation, according to a recent report by Agora Industry and Agora Energiewende.
Air Products expects to cease operation of all stand-alone steam methane reformers (SMRs) and have stopped or nearly stopped production of grey hydrogen within ten years.
Linde revealed today that it will invest $150m into an on-site air separation unit (ASU) in Boden, northern Sweden, to supply industrial gases to the world’s first large-scale green steel production plant.
The European Commission is awarding nearly €720m to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.
