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home / articles / OIL - Hydrexia and Lestari Form Strategic Partnership for Hydrogen Development | Benzinga


OIL - Hydrexia and Lestari Form Strategic Partnership for Hydrogen Development | Benzinga

KUALA LUMPUR, Malaysia and SHANGHAI, May 13, 2024 /PRNewswire/ -- Hydrexia Holding Limited (Hydrexia), a leading integrated hydrogen solution provider in China and Lestari H2GaaS Sdn Bhd (LHSB), a renewable energy and hydrogen technology commercialization arm of Petroliam Nasional Berhad (PETRONAS) in Malaysia today announced that the two companies have entered into a Technology Collaboration and Commercialization Agreement (TCCA) to leverage the technological and market strengths of each other to better serve the hydrogen development needs in Sarawak, Malaysia.



Under the framework of TCCA, both companies set forth key cooperation initiatives which include joint technical collaboration and commercialization of hydrogen application technology in a phased approach. The planned ...

Full story available on Benzinga.com

Stock Information

Company Name: iPath Series B S&P GSCI Crude Oil
Stock Symbol: OIL
Market: NYSE

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