Bullboard - Stock Discussion Forum Jericho Energy Ventures Inc JROOF

Primary Symbol: V.JEV

Energy Oil & Gas E&P

Jericho Energy Ventures Inc. is a Canada-based energy company. The Company is engaged in owning, operating and developing both traditional hydrocarbon joint venture (JV) assets and advancing the low-carbon energy transition, with active investments in hydrogen. The Company’s principal activity is acquisition, exploration, development and production of oil and natural gas fields in the United... see more

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Jericho Energy Ventures Inc > JEV MOU for S Korea

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Post by TruthSeek101 on Jun 02, 2023 7:37pm

JEV MOU for S Korea

https://stockhouse.com/news/the-market-herald-news/2023/06/02/jericho-partners-with-ramp-equity-to-bring-hydrogen-boiler-technology-to-south-korea

South Korea is a leading manufacturing center, as everyone knows. The government is bullish on hydrogen and has stated that it intends for hydrogen to be the No. 1 fuel source for the country by 2050. Currently, S Korea gets 90 percent of its energy from imported sources. One can only imagine how much steam is used in its industrial markets. Steam may be clean, but the current methods to make it are very dirty. There are only a few ways to decarbonize the production of steam, and the DCC is one of them. Here's hoping the agreement with Ramp will get the technology to be adopted there. It could be huge.

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