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hydrogen

The government of South Korea is taking steps to promote the hydrogen economy by designating three cities as special hydrogen complexes. These cities – Donghae, Samcheok, and Pohang – are set to become key players in the hydrogen industry, set to transform into industry hubs with the help of substantial investments.

BP Shelves Hydrogen Projects

BP is in the news for its strategic decision to halt 18 hydrogen projects. This move is part of a larger effort to trim $2 billion in costs.