About MMEX Resources

MMEX Resources Corporation, a development stage company, focuses on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America. The company is announcing it intends to develop solar energy to power multiple planned projects producing hydrogen and ultra-low sulfur fuels combined with carbon dioxide (CO2) capture in Texas. The company focuses on building crude oil distillation units and refining facilities (CDUs) in the Permian Basin in West Texas. The focus of the company’s business plan is to modify its planned CDU projects in Pecos County (West Texas) to produce potentially hydrogen and ultra-low sulfur fuel products combined with CO2 capture; and purchase additional acreage allowing it to develop additional megawatts of solar power for distribution to its projects in West Texas. The company’s immediate plans are to pursue the following three projects: Project 1: Ultra Fuel Clean Refining The company has teamed with Polaris Engineering to develop a clean refining, 10,000 barrel per day facility at its Pecos County site to produce 87° gasoline, ultra-low sulphur diesel and low-sulphur fuel oil, utilizing the Ultra Fuels concept. Project 2: Blue Hydrogen The company has teamed with Black Tree Group to develop a facility in Pecos County to produce hydrogen with carbon capture and storage employing steam methane reformer technology with the abundant natural gas supplies in the immediate area as the feedstock. Project 3: Green Hydrogen This planned project will be a parallel plant in Pecos County, which plans to utilize the proprietary electrolyzer technology of a major international technology partner. The facility will utilize solar power, with water purification, to produce up to 50 tons of hydrogen production per day.