ExxonMobil to look at revamping oil terminal for green hydrogen

ExxonMobil to look at revamping oil terminal for green hydrogen

Oil giant ExxonMobil (NYSE: XOM) is to study the potential for repurposing an oil and gas terminal for use in producing and distributing green hydrogen.

Alongside Grieg Edge, North Ammonia and GreenH will explore where the Slagen terminal in Norway can become a hub for low-emissions marine fuels.

As it stands the Exxon-owned facility is powered by hydroelectricity and could produce up to 20,000 metric tons of green hydrogen a year.