(Bloomberg) -- Sinopec Group and more than a hundred of its Chinese peers will work together to speed up the building of a supply chain for green hydrogen and accelerate the nation’s transition to non-polluting fuels.
China’s biggest oil refiner has set up an alliance with other state-owned companies to develop the nascent industry, they said in a joint statement on Wednesday. Other members include power giants China Energy Investment Corp. and State Grid Corp., oil companies PetroChina and Cnooc, as well as China State Shipbuilding Corp.