Welcome to our dedicated page for UNPPY news (Ticker: UNPPY), a resource for investors and traders seeking the latest updates and insights on UNPPY stock.
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JERA and Uniper are collaborating on fuel supply projects focused on clean ammonia and LNG to meet demands in Japan, Germany, and Europe. The joint initiative aims to produce 2 MTPA of clean ammonia, with potential expansion to 8 MTPA, leveraging advanced technologies and resources from the US Gulf Coast. This project aligns with their commitments to reduce CO2 emissions and enhance energy security. An engineering study will assess the project's first phase by year-end, with commercial operations expected in the late 2020s.
Uniper, Hydrogenious LOHC, JERA Americas, and ADNOC have announced a joint study agreement to explore hydrogen transportation from the UAE to Germany using Hydrogenious’ LOHC technology. This agreement emerges during the visit of German Minister Robert Habeck to the UAE, highlighting Germany's role in de-carbonization in Europe. The LOHC technology aims to facilitate safe and efficient hydrogen transport, responding to increasing global hydrogen demand. The UAE's competitive hydrogen production capabilities position it as a leading hydrogen supplier.