Shell Halts Blue Hydrogen Project in Norway Due to Non-feasibility

Norwegian unit of the British energy giant, Shell plc (SHEL) has decided to cancel its blue hydrogen project, the Aukra Hydrogen Hub, due to a lack of demand. The company announced its decision days after Equinor ASA (EQNR) , a Norway-based state-owned energy company, cancelled a similar project. Shell Cites Lack of Demand for Cancellation Under the project, Shell along with its partners, Aker Horizons and CapeOmega, would have used natural gas from the company's Nyhamna processing facility to produce about ...