July 23 (Reuters) - Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels. The challenges facing the sector have exposed its initial ambitions as unrealistic. Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation, have... Continue Reading →
GALP reports a 25% increase in second quarter profits
Galp reported adjusted net income of €373 million in the second quarter of 2025, a 25% increase compared to the same period last year. The result was driven by increased oil and natural gas production in Brazil, as well as the performance of its sales division in international markets. Adjusted EBITDA at replacement cost (RCA)... Continue Reading →
RWE Gets Clearance for 100MW Electrolyzer for OW-to-Hydrogen Production
(OE) RWE has secured the necessary construction and environmental permits to build a 100 MW electrolyzer that would enable green hydrogen production as part of system integration plans associated with the 795 MW OranjeWind offshore wind project in the Dutch North Sea. The 100 MW electrolyzer is planned to be built at Eemshaven, near the... Continue Reading →