MMEX Resources Announces Plan to Build $450 Million Refinery in Permian Basin, the First Significant Refinery Project in the US since 1977

MMEX Resources Corp. (OTCPK: MMEX), a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced today that it plans to build a $450 million, 50,000 barrels per day capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing. … [Persbericht]