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 🌍 HIF Global Signs Collaboration Agreement with Airbus for Sustainable Aviation Fuels 🔋 Exxonmobil Signs Carbon Capture Agreement With CF Industries in Mississippi 🚧 After Year...
I've been monitoring the climatetech and decarbonization startups this year, and here’s what I learned. International Energy Agency (IEA) expects global clean energy investment to hit $2 trillion ...
Inside this Issue 🌱 FuelPositive: Completes On-Farm Commissioning of the First Scalable Green Ammonia Production System and Announces New Manitoba-Based Partnerships 🌍 A New Era for Clean Energy: ...
Siemens Energy Wins Contract for Large-scale Hydrogen Project From German Utility EWE
[**Siemens Energy**](https://www.siemens-energy.com/) **has been awarded a contract to supply a 280-megawatt electrolysis system by German utility EWE. The plant in the German city of Emden is expe...
Shell to Build 100-megawatt Renewable Hydrogen Electrolyser in Germany
COLOGNE/WESSELING, GERMANY – [Shell Deutschland GmbH](https://www.shell.de) (**Shell**) has taken a Final Investment Decision (FID) to progress REFHYNE II, a 100-megawatt renewable proton-exchange ...
After Years of Controversy, Illinois State Pauses CO2 Pipeline Construction, for Now
**New safety requirements for carbon dioxide pipelines as well as a temporary ban on their construction are now in effect after Gov. JB Pritzker on Thursday signed a bill that passed the General As...
Exxonmobil Signs Carbon Capture Agreement With CF Industries in Mississippi
* We’ll remove up to 500,000 metric tons of CO2 annually from CF Industries’ site in Yazoo City. * It’s the latest sign of our leadership in CCS, a proven emissions solution. * ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.