Remove Gas Remove Industry Remove Production
article thumbnail

OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. OMV’s plan foresees emission reduction targets of 30% in operations (Scope 1 & 2) and a 20% reduction target in the product portfolio (Scope 3) for 2030.

Oil 465
article thumbnail

Snam and Baker Hughes test world’s first hydrogen blend turbine for gas networks

Green Car Congress

Baker Hughes and Snam have successfully completed testing of the world’s first “hybrid” hydrogen turbine designed for a gas network. The test paves the way to implement adoption of hydrogen blended with natural gas in Snam’s current transmission network infrastructure. 20 billion cubic meters globally).

Hydrogen 524
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

Green Car Congress

Canada-based Aurora Hydrogen, a company developing emission-free hydrogen production technology, has raised $10 million in Series A funding led by Energy Innovation Capital. As the world looks to quickly decarbonize transportation and industry, hydrogen demand is expected to increase rapidly, from $130 billion today to $2.5

Hydrogen 418
article thumbnail

EIA: Petroleum and natural gas will be the most-used fuels in the US through 2050

Green Car Congress

In this case—which reflects only current laws and regulations—renewable energy is the fastest-growing energy source through 2050, while petroleum remains the largest share of energy consumption throughout that period, followed by natural gas.

Gas 459
article thumbnail

Researchers and industry present interim results of the MethanQuest project

Green Car Congress

The flagship project MethanQuest was launched in September 2018, and on it a total of 29 partners from research, industry and the energy sector have come together to work on processes for producing hydrogen and methane from renewables and for using them to achieve climate-neutral mobility and power generation.

article thumbnail

Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

Green Car Congress

Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. The hydrogen production in this trial exceeded our expectations. Green hydrogen production, however, is energy intensive and expensive. It is growing at a CAGR of 54.7%

Hydrogen 482
article thumbnail

European HYFLEXPOWER project to demo first integrated power-to-X-to-power hydrogen gas turbine

Green Car Congress

A consortium comprising Engie Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities is implementing the HYFLEXPOWER project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229). million, of which €10.5

Hydrogen 411