Reliance’s deep fossil fuel footprint gives its blue hydrogen push an edge

摘要

Reliance Industries is aiming to capitalize on its strong oil and gaspresence by expanding its blue hydrogen footprint, a move that willhelp India’s biggest refiner to strike a balance between pushing costeffectiveclean energy while keeping focus on its traditional fossil fuelbusinesses.Analysts said that while a dramatic recovery in crude oil andgas prices had created opportunities for the company’s oil and gasbusinesses in both the upstream and downstream sectors, Relianceis keen to expand its presence in blue hydrogen until green hydrogencosts come down.