U. S. Steel said that under a newly signed non-exclusive cooperation agreement with Equinor US Holdings Inc. and Shell U.S. Gas & Power, it will work in some capacity with the companies to help bring about a regional hub focused on carbon capture utilization and storage as well as hydrogen production and utilization.

Equinor and Shell will jointly apply for U.S. Department of Energy funding designated for the creation of regional clean energy hubs, U. S. Steel said, which added that it is evaluating the role it may play in the hub, including as a potential funding participant, customer, supplier or partner.

“U. S. Steel is investing significant resources to achieve the sustainability goals in our Best for All strategy, and we know we cannot do it all alone. Successfully addressing the climate crisis requires public and private collaborations,” said Richard L. Fruehauf, U. S. Steel’s chief strategy and sustainability officer. 

“We cannot —and will not — stand still, and this agreement is another effort to advance profitable, sustainable steel solutions for people and the planet.”