UKOG Gains Major Backing for Hydrogen Projects
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UKOG Gains Major Backing for Hydrogen Projects

UK Oil & Gas Investments (GB:UKOG) has released an update.

UK Oil & Gas PLC (UKOG) has announced a significant boost for its hydrogen storage projects, securing support from RWE, a major energy company. This endorsement is expected to enhance UKOG’s bid for government revenue support and attract potential strategic investors. The collaboration with RWE highlights the potential impact of UKOG’s storage projects on the UK’s hydrogen economy and energy security.

For further insights into GB:UKOG stock, check out TipRanks’ Stock Analysis page.

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