Gold H2, a hydrogen start-up based in Houston, USA, has unveiled its 'Black 2 Gold' (B2G) biotech process aimed at converting crude oil into hydrogen for pilot projects with oil majors. The company claims to produce clean hydrogen at $0.8/kg and plans to collaborate with select oil and gas owners and operators for pilot demonstrations. Gold H2's technology, which involves utilizing depleted oil reservoirs by injecting water, microbes, and nutrients, can generate up to 2.5 tonnes of hydrogen per well daily. The company's approach targets turning non-productive oil wells into hydrogen-producing assets, contributing to the clean energy transition and creating economic opportunities in the energy industry. With a positive sentiment towards hydrogen, Gold H2 aims to revolutionize the traditional oil and gas sector by offering a cost-effective and sustainable energy solution.