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bp is pledging to bring Emirati investment into the UK emerging hydrogen industry, with Abu Dhabi oil company ADNOC agreeing to join the H2Teesside blue hydrogen project. The companies agreed on the sale of a 25% stake in the project in northeast England for an undisclosed amount. Together, they will now advance the project to its next phase – the pre-FEED stage. H2Teesside is targeting first production in 2027. By 2030, the project should be running two …
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