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Aramco’s Hydrogen Exports to Expand by 2030 in a Move to Reduce Carbon Emissions

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Aramco’s Hydrogen Exports to Expand by 2030 in a Move to Reduce Carbon Emissions

Aramco is intensifying attempts to stimulate plans in hydrogen investments and technologies to minimize carbon emission.

Source: CNBC.

2222.SR: SAR is down 0.14%.

Aramco Chief Technology Officer Ahmad Al Khowaiter, stressed Aramco’s hydrogen efforts and termed the ‘fuel as real’.

The biggest oil company globally, Aramco, did not specify its new hydrogen initiatives, but its executives defined its vision in reducing carbon emission in future.

The United States Energy Department proved that hydrogen can be used in electric cells to produce heat, power, or electricity, as it can store and supply an incredible amount of energy.

Aramco is pushed to tackle climate issues while still meeting a growing global energy requirement.

The push to hydrogen transformation started last month after Big Oil was hit with a climate triple punch.

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