Landmark facility to produce low-carbon methanol, supporting the energy transition and creating hundreds of jobs along the Gulf Coast.
Abu Dhabi National Oil Company (ADNOC) has launched XRG, an international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion.
Greentech firm Afyren Neoxy, a subsidiary of Afyren, received a €3.4 million payment this week for achieving key milestones with its bio-based low-carbon products.
Abu Dhabi National Oil Company (ADNOC) has signed a Memorandum of Understanding (MoU) with the government of the German state of North Rhine-Westphalia and site services provider Currenta to explore the creation of a low-carbon ammonia supply chain.
BP is to conduct a feasibility study on building a new hydrogen hub in Wilhelmshaven, Germany. The hub would include an industrial-scale ammonia cracker, which could provide up to 130,000 t/y of low-carbon hydrogen from 2028, with scope for further expansion as the market for future fuels develops.
Abu Dhabi Chemicals Derivatives, also known as Ta’ziz, has signed a shareholder agreement with fertilizer producer Fertiglobe, gas provider GS Energy and Japanese trading group Mitsui & Co to develop a 1 million t/y low-carbon ammonia plant at its proposed industrial chemicals complex in Ruwais, Abu Dhabi.
