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11 Jan 2024

Japan's Eneos Invests Into US Clean Hydrogen Company

11 Jan 2024  by channelnewsasia   

The logo of Eneos Holdings and Eneos Corporation is displayed at the company headquarters in Tokyo, Japan August 20, 2020. Picture taken August 20, 2020. REUTERS/Issei Kato/File Photo
Japan's biggest refiner, Eneos Corp, said on Thursday that it had invested in MVCE Gulf Coast, which aims to produce clean hydrogen in the U.S. Gulf of Mexico.

Eneos, which did not disclose the stake, nor the price of the deal, said in a statement that the investment should allow to develop a supply chain to ship clean hydrogen to Japan.

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