Trafigura has invested in a number of hydrogen firms
Trafigura invests in hydrogen
Firm puts money into technology firms with view to supplying road transport market and using green ammonia as a marine fuel
Commodities trading company Trafigura has accelerated its investments in green hydrogen over the past year as part of its efforts to decarbonise its operations, according to the firm’s 2021 sustainability report. In January 2021, the firm pledged to reduce operational scope one and two greenhouse gas emissions by 30pc below 2020 levels by the end of 2023, and to invest in new technologies. As part of this effort Trafigura has pledged to invest $62mn into Switzerland-based H2 Energy to develop the production, storage and distribution of green hydrogen for refuelling stations and industrial customers. 30pc – Amount by which Trafigura has pledged to reduce operational emissions by 2024 Some $
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
