Countries worldwide are gearing up for the transition to a low-carbon future, with hydrogen emerging as a key player in decarbonising the energy sector. Differentiated by colors, hydrogen production methods encompass black, brown, and grey hydrogen sourced from fossil fuels, while blue and green hydrogen, particularly green, offer more sustainable alternatives leveraging renewable energy sources. The industry's shift towards low-carbon hydrogen and ammonia production is gaining momentum, with notable projects launched and increasing investments. However, commercial hydrogen demand has yet to meet expectations, despite governmental initiatives to foster growth. The regulatory landscape introduces challenges, including potential disputes over certification standards, as various regions develop divergent criteria. Moreover, joint ventures in low-carbon hydrogen projects face uncertainties related to commercial viability and conflicting partner interests, necessitating well-drafted shareholder agreements. Drawing from past energy sector disputes, stakeholders in the hydrogen industry can anticipate and address issues such as shareholder conflicts and certification discrepancies to ensure the sector's sustainable development and global integration.