Saudi Aramco invests in ammonia-powered transportation

FuelNuts & BoltsFuel TechHigh Tech / High Touch
Written By Jennifer Joslyn

🇸🇦 Saudi Aramco invests in ammonia-powered transportation.

The company specializing in the new fuel tech, Brooklyn-based Amogy, is one of the leaders in ammonia-based alternative fuels. Co-founder and CEO Seonghoon Woo spoke highly of the company’s proprietary technology and praised its efforts toward clean shipping. Saudi Aramco, its newest investor, is the state-owned oil company of the Kingdom of Saudi Arabia and one of the largest oil and gas companies in the world. Saudi Aramco is a major global player in the energy industry and has a significant impact on the world's economy and energy supply.

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Jennifer Joslyn
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