Business
HALO: Which Hydrogen Stocks Could Benefit from $1.25bn Project?
(NewsDirect) ValueTheMarkets.com News Commentary: The US Department of Energy's massi...

About this update from Jericho Energy Ventures Inc
[{"type":"text","content":"HALO: Which Hydrogen Stocks Could Benefit from $1.25bn Project?\n \n \n (NewsDirect)\n \n \n \n \n ValueTheMarkets.com News Commentary:\n \n \n The US\nDepartment of Energy's massive Hydrogen Hubs program is likely to\nprovide as much as $1.25bn in funding to the HALO Project, according\nto Rystad Energy. But which energy innovators are poised to benefit\nfrom this reported outcome? This article discusses the issue with\nreference to HALO Project participants\n \n Baker Hughes (\n \n \n \n \n NYSE:\nBKR\n \n \n \n \n )\n \n ,\n \n Air Products and Chemicals (\n \n \n \n \n NYSE:\nAPD\n \n \n \n \n )\n \n ,\n \n CF Industries Holdings (\n \n \n \n \n NYSE:\nCF\n \n \n \n \n )\n \n and\n \n Jericho Energy Ventures\n \n \n (\n \n \n \n \n TSX.V:\nJEV\n \n \n \n \n ) (\n \n \n \n \n OTC:\nJROOF\n \n \n \n \n )\n \n .\n \n \n The HALO project, which is a collaboration between\nOklahoma, Louisiana and Arkansas, includes some heavy hitters among\nits stakeholders. Oilfield services giant Baker Hughes has been\nleaning further and further into the hydrogen space with a raft of new\ntechnology testing and investment. Air Products and Chemicals could\nuse the project to further expand its already extensive transportation\noperations. Meanwhile, CF Industries looks set to have a major impact\non the US agricultural sector's emissions with its groundbreaking\nplans for a major electrolysis plant.\n \n \n \n Jericho Energy Ventures\n \n \n (\n \n \n \n \n TSX.V:\nJEV\n \n \n \n \n ) (\n \n \n \n \n OTC:\nJROOF\n \n \n \n \n )\n \n has various joint-venture hydrocarbon\nproperties generating cashflow which it reinvests in the richly valued\nhydrogen industry. This extensive reinvestment in the hydrogen\nindustry is what has resulted in the company backing the HALO project.\nIts main focus is its zero-emission boiler technology developed by its\nsubsidiary Hydrogen Technologies, which serves the industrial heat and\nsteam industry. As industrial and hard-to-abate businesses seek ways\nto cut emissions, this innovative DCC™ hydrogen-fueled steam boiler\noffers a compelling option. It's this boiler technology which\nJericho is hoping can play a major part in turning the tri-state area\ninto a hydrogen powerhouse through the HALO Hydrogen Hub project. This\nexciting small-cap's strong run of positive news, which includes\nnew customer wins...