Oil and Gas
INEOS Energy operates a number of key producing offshore assets across the UK and Danish parts of the North Sea along with onshore assets in South Texas, USA.
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The world needs to establish new sources of energy, hydrogen is one of the fuel switching options of the future that can be used as both a raw material for industry and as a power source for transport and the home. It has the potential to make a significant impact in the fight against climate change. INEOS is uniquely placed to develop hydrogen as an alternative fuel.
In July 2021 INEOS Energy completed on a cornerstone investment of 25 million shares in the HydrogenOne Capital fund. The company is the first London-listed investment fund dedicated to clean hydrogen. Investments to date have ranged from hydrogen production, storage and distribution and supply chain projects.