News Snapshot:
China Petrochemical Corp (Sinopec Group) has announced plans to become China’s biggest hydrogen producer, putting the country on course to achieve its energy transition and climate goals. The nation’s largest refiner and fuel distributor aims to install a capacity to produce 120,000 tonnes of hydrogen a year by the end of 2025, according to its hydrogen business development strategy released late on Friday. “The company is targeting to become the largest, technologically leading and best-managed hydrogen company,” in-house website Sinopecnews.com.cn reported. “It will focus on hydrogen refuelling and green hydrogen production to help the transportation sector reduce carbon emissions.” Last...