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U.S. Steel, Norway’s Equinor Eye Clean Hydrogen Production


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U.S. Steel, Norway’s Equinor Eye Clean Hydrogen Production

Business

Category: Business News

OSLO, June 29 (Reuters) – Norway’s Equinor (EQNR.OL) and U.S. Steel Corp (X.N) will examine the potential for developing clean hydrogen production in Ohio, Pennsylvania and West Virginia, the two companies said on Tuesday.

The companies have signed a memorandum of understanding to assess the technological and commercial possibilities for hydrogen and carbon capture and storage (CCS) and screen potential customers and suppliers.

Hydrogen, long used as rocket fuel, in oil refining and to produce ammonia, is an opportunity for the oil and gas sector to reduce greenhouse gas emissions, U.S. Energy Secretary Jennifer Granholm said in May.

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Source: Reuters