High technology products from methane: Australian/Indian joint venture

Eden Energy has executed a non-binding terms sheet with Indian Oil Corp (IOCL) through which, subject to certain conditions being satisfied, the two companies will enter into a farm-in agreement to scale up a new Pyrolysis technology jointly developed by Eden and the University of Queensland, to produce hydrogen and ultra-strong solid carbon fibres and nanotubes from methane gas. (more…)