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TODAY: It’s a Saudi + M&A-heavy day
What we’re tracking this morning regionally and around the world
Aramco is acquiring 50% stake of Air Products Qudra’s blue hydrogen unit
Aramco can offtake hydrogen and nitrogen as part of the transaction
Flagship US hydrogen project under fire by activists
The project aims to produce hydrogen from gas with carbon capture, known as blue hydrogen, by mid-2030.
Adnoc and Posco explore blue hydrogen production in Korea
South Korea’s largest steelmaker aims to leverage Adnoc’s carbon capturing and storage expertise to produce blue hydrogen from natural gas…