Recently, the companies have joined forces to develop a 230,000 tons per year sustainable aviation fuel (SAF) production unit at a SINOPEC refinery in China. This strategic cooperation agreement aims to further develop the partnership between TotalEnergies and SINOPEC and seize new opportunities by leveraging their respective …
The move is in alignment with Sinopec Group''s vision of "building a world-leading clean energy and chemical company" and its development pattern of "One Foundation, Two Wings and Three Growth Points", creating synergy of financial investment with industry, and contributing to another big step of Sinopec in new energy and new …
A Sinopec service unit said on Thursday it has signed a 7.956 billion yuan ($1.10 billion) deal to build natural gas pipelines for Saudi state oil company Aramco. The contract is for Sinopec Oilfield Service Co (600871.SS), opens new tab to procure and construct the third-phase of the Master Gas System in Saudi Arabia, the Chinese firm …
China Petrochemical Corp, or Sinopec, said on Monday it started building a carbon capture, utilisation and storage (CCUS) project in east China, the largest of its kind in the country, as part of ...
26 Sep 2023 by thinkgeoenergy. Signing of expanded agreement between Sinopec and Arctic Green Energy (source: Arctic Green Energy) Arctic Green Energy and Sinopec have announced that their joint venture, Sinopec Green Energy (SGE), is going global. The cooperation agreement was signed by Sigurdur Atli Jonsson, CEO of Arctic Green …
BEIJING, April 9 (Reuters) -. * China''s energy giant Sinopec has started building storage tanks in the second phase of its Tianjin terminal project to receive liquefied natural gas (LNG), the ...
In accordance with IFRS Accounting Standards, the Company realized revenues from primary business and other operating revenues of RMB3.2 trillion. The profit attributable to shareholders of the Company amounted to RMB58.3 billion. The Company retained a stable financial position and saw substantial increase in operating cash flow.
In 2022, we added over 10 million square meters of geothermal heating capacity and reached over 80 million square meters of cumulative geothermal heating and cooling …
June 7, 2024. Sinopec and Petronas have signed a memorandum of understanding (MoU) to strengthen strategic cooperation and explore new opportunities within the energy value chain. The signing ceremony, held in Kuala Lumpur, Malaysia, was attended by Sinopec Chairman Ma Yongsheng and Petronas President and CEO Datuk Tengku Muhammad …
BEIJING, Jan. 29, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has completed the construction of China''s first megaton carbon capture, utilization and storage ...
Sinopec Corp has set up a new subsidiary in Xiong''an, near Beijing, to specialise in the hydrogen fuel business, China''s second-largest oil and gas company said on Friday.
China Petroleum & Chemical (Sinopec) has broken ground on a CNY3bn ($470.77m) photovoltaic (PV) green hydrogen production project in Kuqa, Xinjiang, China. Dubbed as Sinopec Xinjiang Kuqa green hydrogen pilot project, the facility is expected to produce 20,000 tonnes per year of green hydrogen after its completion.
Gas storage is underground "natural gas banks," an energy infrastructure integrating seasonal peak shaving, emergency accident gas supply and national strategic energy reserves. As the proportion of natural gas continues to expand in China''s energy consumption structure, the peaks and valleys of natural gas supply as well as seasonal …
BEIJING, Oct. 18, 2021 – The Wei 11 gas storage facility built by China Petroleum & Chemical Corporation''s (HKG: 0386, "Sinopec", "the Comany") in its Zhongyuan Oilfield region successfully completed its first gas injection on October 18, marking the beginning of official operation of the largest underground natural gas storage cluster in north China.
A Sinopec service unit said on Thursday it has signed a 7.956 billion yuan ($1.10 billion) deal to build natural gas pipelines for Saudi state oil company Aramco. The contract is for Sinopec Oilfield Service Co (600871.SS), opens new tab to procure and construct the third-phase of the Master Gas System in Saudi Arabia, the Chinese firm said.
Sinopec Xiong''an New Energy Co. Ltd, a unit fully owned by Sinopec Corp, has registered capital of 100 million yuan, the company said. ... managing hydrogen refuelling stations as well as storage ...
4 · Construction began on Tuesday on the world''s largest green hydrogen project, generated from solar energy, in the Xinjiang Uygur autonomous region, to aid China''s move toward sustainable energy, said …
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.
Looking ahead, Sinopec, as China''s largest hydrogen production enterprise, will continue advancing hydrogen energy industry chain development in China with the R&D of innovative technologies, a ...
The project is spearheaded by Sinopec''s New Star Xinjiang Green Hydrogen New Energy unit. Contractors include Sinopec Guangzhou (Luoyang) Engineering, Sinopec Fifth Construction and...
New Energy and New Material Technologies; ... Sinopec Carbon Industry Technology Co., Ltd. had its UER project approved by the German Environment Agency ... diesel and LPG fuels enter a refinery or storage facility. The UERs can be offset against GHG quota to generate economic value.
In 2020, Sinopec started to advance and accelerate the construction of an integrated hydrogen energy industry chain across various fields – capital operation, …
New energy storage and utilization feature heavily in the new partnership, catalyzing green developments in southwestern China. On May 21, the Chengdu Hi-tech …
The Project will utilize the rich solar and wind energy resources in the Erdos region to produce green hydrogen directly, projecting to reach an annual production capacity of 30,000 tons of green ...
On 17 February 2022, Sonatrach has signed this contract with units of Sinopec; Sinopec Luoyang Engineering (LPEC) and Sinopec International Petroleum Services Corporation (SIPS), specifically. The contract is worth nearly $177.7 million. It will last for a period of about 40 months. Under the deal, Sinopec will build the 150,000 cubic metres ...
China''s Sinopec Corp said on Monday it has put into operation the country''s largest carbon capture, utilisation and storage (CCUS) facility in east China, and plans to build two more plants of ...
China''s Sinopec Corp said on Monday it has put into operation the country''s largest carbon capture, utilisation and storage (CCUS) facility in east China, and plans to build two more plants of ...
It is anticipated to decrease carbon dioxide emissions by 485,000 tonnes annually. Costing 3 billion yuan ($420 million), the project includes a 300-megawatt solar photovoltaic power station, a ...
In September 2021, Sinopec commenced operations of its first photovoltaic power station in Shanghai. The grid-connected plant can produce 400,000 kWh of power annually. By 2025, up to 7,000 PV ...
4 · Construction began on Tuesday on the world''s largest green hydrogen project, generated from solar energy, in the Xinjiang Uygur autonomous region, to aid China''s move toward sustainable energy, said its operator China Petroleum and Chemical Corp. The project is also China''s first 10,000-ton level solar-generated green hydrogen …
On December 28, 2020, Sinopec held a virtual conference in Beijing. Mr. Zhang Yuzhuo, chairman of Sinopec, cast vision that Sinopec should implement new development concepts and patterns, and strive to build a world-leading company in clean energy and chemicals. Main Achievements in 2020 and "13th Five Year Plan".
Sinopec''s flagship solar-to-green hydrogen project in Xinjiang''s Kuqa region is 80% completed and on track to begin operations by end-June this year, the official China Daily News reports. Construction of ten hydrogen storage tanks have been completed at Kuqa, with Sinopec having invested over 2.2 billion yuan ($300 billion) to date into ...