OMV AG will build Austria’s biggest green-hydrogen electrolysis plant at a refinery outside of Vienna. Producing the world’s lightest element exclusively with renewable energy is a key part of the Alpine country’s effort to clean up its heavy industry. Hydrogen is already a key feedstock for chemicals and is expected to increasingly be used as […]
Equinor powers ahead with floating wind turbines despite oil crash
The long-planned project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash flow. OSLO: Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, […]
