Aramco Strengthens Hydrogen Partnership with China

Partagez:

Aramco is looking to strengthen its partnership with China in the exploration of hydrogen production.
The aim is to supply China with natural gas so that the country can decarbonize its hydrogen production.
Also, to develop CCUS techniques.

Aramco to strengthen hydrogen partnership with China

Decarbonizing Chinese hydrogen

At the Beijing Development Forum, Aramco (Saudi Arabian Oil Company) CEO Amin Nasser declared his willingness to strengthen the partnership between the Saudi national company and China in the development ofhydrogen and ammonia.
China is currently the world’s leading producer of hydrogen.
But most of it is produced from coal.
This highly polluting technique is likely to hamper its goal of achieving carbon neutrality by 2060.

Supplying gas, capturing and storing CO2

As a result, China needs natural gas to produce less polluting “blue” hydrogen.
Blue” hydrogen is less polluting, because the CO2 emitted during its production is captured and stored.
Aramco’s initial aim is to supply China with the gas it needs.
Secondly, it wants to work alongside China to develop CO2 capture and storage (CCUS) techniques.

Saudi Arabia, future world leader in hydrogen?

Saudi Arabia already has agreements of this type.
In 2020, it exported ammonia produced from hydrogen to Japan.
A world first.
This year, it sent its natural gas to South Korea in exchange for liquefied CO2.
Saudi Arabia wants to break its dependence on fossil fuels and diversify its economy.
In short, it wants to make hydrogen its new oil.
By 2030, it wants renewable energies to cover half of its needs.
Its ambition is to become the world’s leading producer ofgreen hydrogen.
To this end, a plant is currently under construction near the future megalopolis of Neom.
By 2025, it should be producing 650 tonnes of hydrogen per day.
That’s the equivalent of 15,000 barrels of oil, a far cry from the daily 7 million.

The European Commission grants €3.5mn to support preparatory work for a Franco-German cross-border network aimed at transporting hydrogen between the Grand Est region and Baden-Württemberg starting in 2029.
French company McPhy Energy awaits a court decision regarding offers submitted during its judicial reorganization, paving the way for probable liquidation and potential delisting of its shares.
The majority-Indigenous-owned Canadian manufacturer HyVera Distributed Energy is introducing an eCat pellet that instantly produces ultra-pure green hydrogen without external electricity and is counting on two pilot plants to simplify industrial supply.
The potential closure of the Strait of Hormuz places Gulf producers under intense pressure, highlighting their diplomatic and logistical limitations as a blockage threatens 20 million daily barrels of hydrocarbons destined for global markets.
Underground hydrogen storage, essential to support its growth, continues to face significantly higher costs than natural gas storage, along with major technical challenges hindering its competitiveness against conventional energies.
Singapore-based hydrogen specialist Hydrexia seals a protocol with Indonesian gas giant Samator to deploy purification, transport and storage of hydrogen, betting on rapidly growing local demand and export outlets to the Asia-Pacific region.
Budapest and Bratislava jointly reject the European Commission's proposal to ban Russian energy supplies, highlighting significant economic risks and a direct threat to their energy security, days ahead of a key meeting.
Cadiz Inc. signs a memorandum of understanding with British company Hoku Energy for a large-scale energy project including green hydrogen, solar power, and digital infrastructure in the Californian desert, projecting annual revenues of up to $10mn.
BP indefinitely halts its blue hydrogen project at the Whiting refinery in Indiana, raising questions about the future of federal funding and the impact on regional plans for a decarbonized hydrogen sector in the United States.
Libya officially contests Greece's allocation of offshore oil permits, exacerbating regional tensions over disputed maritime areas south of Crete, rich in hydrocarbons and contested by several Mediterranean states.
The Polish energy group ORLEN receives a non-repayable grant of €382 million from the National Recovery Plan to finance its renewable and low-emission hydrogen production initiatives.
Georgia Power and Mitsubishi Power announce successful completion of an unprecedented test incorporating 50% hydrogen into an advanced gas turbine, reducing CO2 emissions by 22% compared to natural gas alone.
Hungary, supported by Slovakia, strongly expresses opposition to the European Commission's plan to phase out imports of Russian energy resources, citing major economic and energy impacts for Central Europe.
Israeli military strikes on Iran's Natanz nuclear site destroyed critical electrical infrastructure but did not reach strategic underground facilities, according to the International Atomic Energy Agency (IAEA).
Neoenergia has begun construction of one of Brazil's first green hydrogen plants, aimed at supplying heavy and light vehicles, with an investment exceeding 30 million Brazilian reais ($5.99mn).
The French president travels to Nuuk on 15 June to support Greenlandic sovereignty, review energy projects and respond to recent US pressure, according to the Élysée.
The SA-H2 fund, supported by international partnerships and local institutional backing, mobilises 37 million USD to develop export-oriented green hydrogen from South Africa, with an initial concrete project announced.
Kazakhstan has selected Rosatom and China National Nuclear Corporation to build two nuclear power plants totaling 2.4 GW, a decision following a favorable referendum and coinciding with Xi Jinping’s upcoming strategic visit.
Israeli strikes against Iranian nuclear sites disrupt US-Iranian talks on the nuclear deal. Tehran now considers canceling the upcoming negotiation round in Oman, heightening regional economic concerns.
Turbotech reports successful combustion testing of a hydrogen turboprop, developed through digital simulation with Ansys, marking an industrial milestone in light aircraft using alternative fuel.