Please read carefully the following terms Technical support : Pcitc information technology Co., LTD. Copyright China Petrochemical Corporation, Petroleum Engineering Technology Services, Refining and Chemical Engineering Services, 22 Chaoyangmen North Street, Chaoyang District, Beijing, China. 12 Jan '23 News Three onshore fields were to be explored. Oilfield Technology, The Age Of Canadas Huge Oil Sands Projects May Be Over, Googles Self-Driving Car Unit Raises $2.25 Billion, Goldman Sachs Warns Of An Imminent Oil Supply Shortage, Court Seizes Malaysia Oil Firm Assets Amid $15 Billion Dispute, Saudi Arabias Oil Company Slips To Worlds 3rd Largest Company, Why Russia Finally Decided To Cut Its Oil Production, The Fatal Flaw Of The Renewable Revolution, Putins Energy Gamble Backfires As Germany Secures Long-Term Gas Supplies, Biden Thinks Oil Will Be Around For A DecadeItll Be Much Longer. [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Formal contract award remains subject to Tilenga Partners approval. In August 2005, Petrodar commenced production of oil in blocks 3 and 7 in South-east Sudan. Main figures, lines of action, and facilities map. Embed article link: (copy the HTML code below): This article has been tagged under the following: Upstream news Contact the PR Team at press@sojern.com Partner With Us China Petroleum & Chemical Corporation () or Sinopec (simplified Chinese: ; traditional Chinese: ; pinyin: Zhnggu Shhu), is a Chinese oil and gas enterprise based in Beijing. Profile of Fujian Petrochemical Company Limited, Sinopec Nanjing Chemical Industrial Corporation, SINOPEC Inner Mongolian Oil Products Company, Sinopec Heilongjiang Oil Products Company, SINOPEC Fuel Oil Sales Corporation Limited, Brief Introduction of Sinopec SenMei (Fujian) Petroleum Company Limited, China International United Petroleum & Chemicals Co., Ltd.(UNIPEC). Upstream project news [32], Unipec, a subsidiary of Sinopec, is an intermediary for banned Russian oil. We are present in the United Kingdom with our Upstream businesses. Set up your account today. Press Inquiries Want to learn more about Sojern? (hereinafter referred to as SINOPEC). Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. This documentary-style series follows investigative journalists as they uncover the truth. This is the second such work from home request from an oil firm in two weeks, after U.S. supermajor Chevron told last week its 300 employees in Londons Canary Wharf business district to work from home after an employee reported flu symptoms after returning from a trip. [42] The project will also be powered by a 1000-megawatt solar power station.[43]. 17 Dec 2012, 01 Sep 1989 - This Website is constructed by China Petrochemical Corporation. For full functionality of this site it is necessary to enable JavaScript. About Sinopec Group China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, esta blished by the state in July 1998 on the basis of the former China Petrochemical Corporation. Start Trading CFDs Over 2,200 Different Instruments, Goldman Sees Oil Price Spike In 2024 As Spare Capacity Runs Thin. Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon. It is listed in Hong Kong and also trades in Shanghai. Wednesday, 09 June 2021 13:00. It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.[6][7]. [19] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. 04 Jul 2016, 13 Jan 1995 - 22 Chaoyangmen North Avenue, Chaoyang District, Beijing, 100728 Website www.sinopec.com Telephone 86 10 59960028 No of Employees 385,691 Industry Energy and Utilities Ticker Symbol & Exchange 600028 (SHA) Revenue (2022) $424.9B 30.2% (2022 vs 2021) EPS XYZ China International United Petroleum & Chemical Co., the nations largest oil trading company, hired two traders of West African crude to work at its London office, said two people with knowledge of the appointments. Work began in 2Q21 and first oil is expected in 2025. You've accepted analytics cookies. Sinopec is also looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone. [21] Sinopec's activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. Sinopec Group Annual Report Sinopec Corp. The cost of the construction is to amount to 3 billion yuan (US$470 million), and the plant will provide an annual production of 20,000 tons which will be supplied to Sinopec's Tahe refinery and production is to begin by June 2023. 12,380 people were evacuated after the leakage occurred. instructions how to enable JavaScript in your web browser. Repsol Sinopec Resources UK Limited is a joint venture between Repsol and Sinopec. Its activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. "Russian Oil Producers Stay One Step Ahead of Sanctions". Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. This content is available to registered readers of our magazine only. The United Kingdom's electricity supply mainly comes from fossil fuels like coal and oil. Petro-CyberWorks Information Technology Co., Ltd. At 2022 World Internet Conference & The Light of Internet Expo, Sinopec presented its achievements in the infrastructure security protection of critical information and smart industry, as well as the measures driving the healthy growth of the "digital industry" within Sinopec. [10] Petroleum Engineering Technology Services, Refining and Chemical Engineering Services, Have a look at Sinopec's performance in 2021, Clean Energy "Fueling" Olympic Winter Games Beijing 2022, Accelerating Hydrogen Power Development and Advancing Utilization of Clean and Efficient Energies, Launching Researches on Peak Carbon Dioxide Emission and Carbon, Reform of Science and Technology System and Mechanism, Major Technology Development and Commercialization, Exploration technology for marine sedimentation, 22 Chaoyangmen North Street, Chaoyang District, Beijing, China. Lets dive into the vibes of the Chinese New Year and embrace a new chapter in our life. We use some essential cookies to make our services work. It will consist of 31 well pads connected to a central processing facility (CPF) via buried flowlines. Also included in the plans are a storage tank as well as a pipeline network. "This is a first step which allows launching the detailed engineering and procurement activities before the final approval by the Partners. Addax Petroleum was an international gas and oil production and exploration company mainly focused on the Middle East, the North Sea and Africa. DALIAN, China, Feb. 16, 2023 China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") officially launched China's first , BEIJING, Jan. 16, 2023 Sinopec published the "The Sinopec Green and Low-carbon Development White Paper 2022" (the "White Paper") on . Its business mainly covers. Xi Jinping Doesnt Love Them Back, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, Iran Schoolgirls Targeted by MorePoison Attacks, Sparking Protests, EU Seeks to Salvage Combustion-Engine Ban After Germany Balks, Gas Stoves Are One Step Closer to New Rules, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. 31 December 2021, Next statement date 16 February 2024 Oilfield Technologys first issue of 2021 begins with a look at US tight oils prospects this year. Founded in 1995, UNIPEC is China's largest trading company and has established business. if(window.innerWidth <= 1023){ Our primary concern is the health and safety of our employees, it added. And it co Chinese Foreign Ministry spokesperson Liu Jianchao says that China strongly condemns the violent attack carried out by Somalian insurgents on the premises of the oil company Sinopec in Ethiopia. Brits are braced for chilly weather after the forecaster predicted more wintry conditions this month. The Tilenga project is located in the Lake Albert Basin, Republic of Uganda and is the centrepiece of oil projects projected to bring investments of over US$10 billion to Uganda and Tanzania. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. Choose our premium Central London office at 167-169 Great Portland Street, W1. - Development Planning Dept. "Exclusive: China state refiners shun new Russian oil trades, teapots fly under radar". Our goal is to create a working environment such that we cause no harm to people, and where we minimise our impact on the environment. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. 01 Sep 1989. more Company Report Third Quarterly Report for 2022 Download Interim Report 2022 Download Annual Report 2021 Download 2021 Sinopec Corp. Sustaina.. Download Hot Topics The London office of Unipec has around 70 employees, including 11 traders, according to Bloomberg, which quotes a Companies House filing. A Shanghai listing was completed in June 2001. In December 2005, Petrodar announced that its first shipment of crude oil would be shipped from Sudan in January 2006. }. [15], In August 2009, Sinopec completed a takeover of Geneva-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. See here for a complete list of exchanges and delays. Alfreton 2. Registered office address Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL . Scotland reported its first case of coronavirus on Monday, while Public Health England (PHE) said that widespread transmission of the infection in the UK was highly likely.. Is The Price Cap On Russian Crude Working? The other two DR200 and GT2000 - are around 100 kilometres (62mi) northeast of Port Gentil, according to the Gabonese oil ministry. "This important step further strengthens years of successful collaboration with TotalEnergies on a wide portfolio of world-class projects in the Offshore, Petrochemicals and LNG segmentswhere TotalEnergies is a major stakeholder," said Samik Mukherjee, McDermott's Group Senior Vice President for Projects. We have established a dedicated, integrated team focused on late life optimisation and executing decommissioning, as one. Sinopec Group Corporate Headquarters, Office Locations and Addresses | Craft.co This was a remarkable achievement in the company's aim at fully exploring the oil-rich African country. A consortium of a subsidiary of McDermott International, Ltd and Sinopec International Petroleum Service Corp. has received a conditional Letter of Award for the future contract valued at approximately US$2 billion from TotalEnergies for the Tilenga project. Trading and investing carries a high risk of losing money rapidly due to leverage. [10], In December 2013, MCC Holding Hong Kong Corp. Ltd. and MCC Oil & Gas Hong Kong Corp. Ltd., acquired an 18% stake of Sinopec in oil and gas business for $9.3 billion. Cooperative relationships and environment, Dialogue with communities and indigenous peoples, Information on the Repsol Group's corporate structure, Repsol International Finance official notices, Repsol Europe Finance official communications, Qualified individuals with experience for industrial complexes. [23], In October 2011, the company offered C$2.2 billion ($2.1 billion) to acquire Canadian oil and gas firm Daylight Energy. State Environmental Protection Administration, an explosion at an abandoned Sinopec plastics and chemicals factory, "Wang Yupu > About Sinopec > Our Company > Board_of_directors", http://english.sinopec.com/about_sinopec/our_company/leadership/executive_committee/20080327/3119.shtml, http://www.sinopec.com/listco/en/investor_centre/reports/2017/20180325/news_20180325_819686549827.shtml, "Sinopec company prepares to produce green jet fuel | Biofuels International Magazine", "Quick facts: Petrochina vs. Sinopec and CNOOC", "Sinopec to pay $1.5 billion for parent's oil, gas assets", "Apache sells Egyptian oil stake to Sinopec for $3.1 billion, forms global JV", "China sells Sinopec oil stake to MCC Oil & Gas for $9.3 billion, forms global JV", "Sinopec signs evaluation deal for three oil blocks in Gabon", https://finance.yahoo.com/news/Addax-Petroleum-announces-cnw-268197338.html?x=0&.v=1, "China condemns raid on Sinopec oil field in Ethiopia - Radio86.co.uk", "Addax completes acquisition of Shell's stake in Pecten", "An MBendi Profile Organisation: Pecten Cameroon Company", "Aramco, Sinopec, Exxon sign Fujian refinery deal", "China's Sinopec, Total Gabon Sign Oil Deal", "China's Sinopec 'illegally' destroying Gabon", "UPDATE 1-Canada clears Sinopec to buy Syncrude stake", "Sinopec makes C$2.2bn bid for Canada's Daylight", "Sinopec makes $1.5bn investment in North Sea", "China's Sinopec sells Myanmar energy stake to Taiwan's CPC", "Sinopec signs China's largest long-term LNG contract with U.S. firm", "Sinopec signs huge LNG deals with US producer Venture Global", "Aramco and Sinopec to work on downstream projects in China", "Gabon/DRC: Chinese companies in the extractive Industries", "Official: 3rd attempt to cap SW China gas leak succeeds", http://www.chinacsr.com/2008/02/05/2086-sinopec-guangzhou-receives-warning-for-pollution/, "Sinopec starts construction of green hydrogen plant in Xinjiang - Xinhua", "Sinopec's green hydrogen ambitions: Five-year growth plan crucial to refiner's transition | Upstream Online", "Ex-Direktoriums-Chef von Sinopec in China zum Tode verurteilt", China Petroleum and Chemical Corporation, Sinopec, https://en.wikipedia.org/w/index.php?title=Sinopec&oldid=1142196699, This page was last edited on 1 March 2023, at 01:28. Individuals should consider whether they can afford the risks associated to trading. Great Britain is bordered to the north and west by the Atlantic Ocean, to the east by the North Sea, to the south by the English Channel, and to the west by the Irish Sea. The company was simultaneously listed in Hong Kong, New York, and London in October 2000. Tilenga includes six oilfields and will feature 426 oil wells at full production. Editor Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China,. (Office of the Leading PartyMember Group) - Party Affairs & Employee Relations Dept. Published by Nicholas Woodroof, The other proposal approved last week by inner Mongolia is a 3-billion-yuan ($430 million) project to be sited in the Uxin region of Ordos city. articles a month for anyone to read, even non-subscribers! Russias Oil Production Rises Ahead Of OPEC+ Meeting, Putin Hints Russia May Participate In Newest Round Of OPEC Cuts, Markets Unfazed By $100 Billion Saudi Shale Plan. document.write(write_html); The deal was granted regulatory approval from the Canadian government on 25 June 2010. The bank is considering a new . Later in the week, Chevron said on Saturday that the employee had tested negative for coronavirus. Reporting by Julia Payne; Editing by Alison Williams and Mark Potter. Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group (Sinopec Group) in February 2000. Sinopec produces around 1/4 as much raw crude oil as PetroChina, but produces 60% more refined products per annum. (6 April 2022). [9], In August 2013, Sinopec acquired a 33% stake in Apache Corporations oil and gas business in Egypt for $3.1 billion. [39], Guangdong Provincial Environment Bureau (GPEB) had also issued a red sign warning to 19 companies, including Sinopec Guangzhou, in February 2008. var write_html = `