PRL Media/news, page-3738

Give us some of your love, Shell.

https://hotcopper.com.au/news/asx-news/147900/market-shrugs-as-worley-wins-shell-deal-for-dutch-hydrogen-project/


“...A general lull in momentum underpinning the once-much-discussed hydrogen thematic may be to blame. While hydrogen was the talk of the town in 2021, it quickly fell off as oil prices rose through the COVID years on the back of supply shocks.

Suddenly, the new wonder fuel of the future gave way to the old world black gold. The excitement is yet to bounce back. Still in early 2024, the hydrogen thematic remains dull compared to the excitement it produced only 3 years ago.

This comes as global oil and gas investment continues to clock record highs around the world, and as the windfall profits of supermajors through the early 2020’s stole the oxygen from hydrogen sentiment.”