News Snapshot:
Sinopec to boost investments in Tianjin 30 Sep 2020 04:51 (+01:00 GMT) Sinopec to boost investments in Tianjin San Francisco, 30 September (Argus) — State-controlled Chinese energy firm Sinopec has signed an agreement with the northeast city of Tianjin to develop more oil, petrochemical, natural gas and hydrogen projects. Details are scarce, but the goal is to help Tianjin become a new materials base as well as a logistics and sales centre for petrochemicals in northeast China, Sinopec said. Investments by the company could amount to 70bn yuan ($10.3bn) during 2021-25, the Tianjin government said, although Sinopec did not announce...
