German project developer Conjuncta has signed a memorandum of understanding (MoU) with Mauritania, Egypt’s energy provider Infinity and the United Arab Emirates’ Masdar for a $34 billion (€32 billion) green hydrogen project. The project will have a production capacity of up to 8 million tonnes of green hydrogen or other hydrogen-based end products annually, with an electrolyser capacity of up to 10 gigawatts, the company said in a joint statement with the firms involved and the Mauritanian government.

Terminal News
ExxonMobil to Close Scotland Ethylene Plant
US oil major, ExxonMobil, plans to close its ethylene plant located in Fife, Scotland, by 2026, impacting around 200 local jobs. The company has cited difficult market conditions and UK



