Published by Todd Bush on March 15, 2024
The company is advancing its green and blue hydrogen projects off-take discussions.
Fort Stockton, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- MMEX Resources Corporation (OTCPK: MMEX), a development stage clean energy company, has achieved several new milestones in its quest to bring low carbon-intensity hydrogen to the market. The company is advancing the off-takes for its two principal hydrogen projects. In its latest shareholder update, MMEX Resources provides details on its progress in the green and blue hydrogen space and updates on its projects and partnerships.
>> In Other News: Technip Energies and GE Vernova Advance the UK's Transition to Net-Zero with one of the World's First Commercial Scale Gas-Fired Power and Carbon Capture Projects
The company's green hydrogen project has filed its submission on January 31, 2024 to a Super Major Petroleum and Chemical Company under its September 14, 2023 Call for Tender to supply significant volumes of green hydrogen annually. The company’s submission was advanced to the next bid round on February 26, 2024. The proposed solution involves Siemens Energy for electrolysis technology, a leading multi-national energy provider for the supply of renewable energy, a world leader in ammonia synthesis loop technology and project EPC- Management, Texas Pacifico and Union Pacific for rail transport, Trinity Rail for rail fleet management, The Port of Corpus Christi for port facilities and storage, and an international leader in industrial maritime solutions for ammonia seaborne transport, cracking, and last-mile delivery.
The company is pleased to announce the blue hydrogen project’s off-takes achievements now include the first 100 MW of hydrogen power, with another 100 MW under discussion, the off-take of 1.2 million tons per year of CO2 captured and advanced discussions with an international super major refiner for export of blue ammonia to Asia.
"I am excited to share this update with our shareholders and to continue driving growth for our company." - Jack W. Hanks, CEO.
To learn more about MMEX Resources' hydrogen projects and its project technology partners, you can access the Projects Summary on the company's website. MMEX Resources remains committed to bringing clean hydrogen to the market and is excited about the progress it has made so far. Visit: MMEX Resources
MMEX Resources Corporation (MMEX) is a development-stage company formed to engage in energy industry infrastructure projects. MMEX is currently developing planned projects to produce potentially hydrogen and ultra-low sulfur fuel products combined with CO2 capture, leveraging its management and business relationships from the traditional energy sector. MMEX is also developing solar power for distribution to its planned projects.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏆 XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA 🌍 Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition 🧱 PHNX Mater...
Inside This Issue 🌲 Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia 🏭 US Energy Expands Carbon Captu...
Inside This Issue 🧬 Occidental's Bold Bet on Carbon Removal: What the Holocene Acquisition Really Means 🌊 Project to Suck Carbon Out of Sea Begins in UK 🧱 NovoMOF Raises $5.4 Million to Scale Up L...
TMEIC integrates next-generation hydrogen and power conversion technologies to help industries worldwide reduce emissions, enhance energy efficiency, and redefine the future of global energy system...
HOUSTON, April 23, 2025 /PRNewswire/ -- HYCO1, Inc. and Malaysia LNG Sdn. Bhd. signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Million Ton...
NEW YORK, April 22, 2025 /PRNewswire/ -- Rebel Fuels Inc., a Delaware Public Benefit Corporation dedicated to transforming waste carbon dioxide (CO₂) into carbon-neutral fuels, today announced the ...
Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition
Company named second runner-up for safe, geologic disposal of organic waste with durable carbon storage HOUSTON, April 23, 2025 /PRNewswire/ -- Vaulted Deep, a waste management company turning exc...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.