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How will the announcement of free highway tolls for hydrogen-powered vehicles in many places affect?
Industry insiders say that highway tolls account for about one-third of the total cost of hydrogen commercial heavy trucks. Waiving this fee can significantly reduce vehicle operating costs. From January to June this year, a total of 0.4077 million tons of green hydrogen projects have started, and 906 sets of electrolysis tanks will be tendered in succession. At the same time, the export orders of the electrolysis tanks are rapidly increasing, and the domestic and foreign demand is resonating.
HK Stocks react abnormally | Petroleum stocks continue to rebound with geopolitical risks adding to the strong supply and demand fundamentals, and oil prices maintaining high volatility.
Petroleum stocks continued to rebound. As of press time, China Oil (00883) rose by 3.66%, to HKD 20.65; PetroChina (00857) rose by 2.52%, to HKD 6.92; China Oilfield Services (02883) rose by 1.19%, to HKD 6.8; and Sinopec (00386) rose by 1.01%, to HKD 5.
US Crude Oil Inventories Push Prices Down – ANZ
Crude Oil Market to Reach $3.0 Trillion, Globally, by 2033 at 1.5% CAGR: Allied Market Research
Sinopec Corp (00386.HK) plans to hold a board of directors meeting on August 23 to approve its mid-year performance.
Sinopec Corp (00386.HK) announced on August 13th that China Petroleum & Chemical Corporation will hold a board of directors meeting on August 23, 2024 (Friday) to review and (if deemed appropriate) approve matters including the semi-annual performance of China Petroleum & Chemical Corporation for the six-month period ending on June 30, 2024.
SINOPEC CORP: Notice of Board Meeting
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