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OIL AND GAS
OMV presses on hydrogen-fuel accelerator
by Daniel J. Graeber
Washington (UPI) Mar 28, 2017


Austrian energy company OMV said Wednesday it was building on efforts to diversify its portfolio by opening more filling stations for hydrogen-powered vehicles.

"It's now possible for hydrogen vehicles to cross the whole of Austria for the first time, from north to south, west to east and vice versa," OMV Manager Wilfried Gepp said in a release emailed to UPI.

The Austrian energy company announced it opened a new hydrogen filling station in southern Austria, its fourth such station so far. Situated on one of Europe's busiest traffic arteries, the company said the station connects Austria to a broader European network for fuel-cell vehicles.

Norway and the Netherlands lead Europe with market shares for electric vehicles, with 23 percent and 10 percent respectively. Germany as a whole has one of the greener economies in Europe, however, and Austrian energy company OMV announced an initiative in the country last year that envisions 400 hydrogen filling stations for alternative vehicles by 2023.

Bloc-wide, the transportation sector still accounts for a significant portion of total air pollution, though a report from the European Environment Agency found abatement support growing at the national and city levels.

OMV said hydrogen for mobility is a central component of its portfolio. While fossil fuels still dominate the transportation sector, the company said hydrogen "has almost unlimited availability and is low in emissions."

The company said there are plans for nearly two dozen hydrogen filling stations along major European transit corridors.

A total of 20 stations should connect the most important European corridors to the hydrogen network, three of which are in Austria.

OIL AND GAS
World Bank priority gas field in Ghana gets support
Washington (UPI) Mar 28, 2017
French engineering company TechnipFMC said it secured a contract to help develop the Sankofa natural gas field offshore Ghana, a field backed by the World Bank. The company secured a contract from a subsidiary of Italian energy company ENI and Dutch trader Vitol to help support onshore facilities tied to the offshore Sankofa natural gas field. The project, scheduled for completion next ... read more

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