See here for a complete list of exchanges and delays. See insights on Sinopec including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 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. In Ordos city, inner Mongolia, 430Mio $ are be invested in a 400MW windfarm, for the production of 20,000 tons of green hydrogen per year. Petrodar's operations represent a major increase in overall Sudanese oil production. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. In December 2005, Petrodar announced that its first shipment of crude oil would be shipped from Sudan in January 2006. It took at least three attempts and two weeks for the company to seal the leak. It arose from the acquisition, in 2015, by Repsol, of the global assets of the former Talisman Energy Inc, including its 51% equity interest in the joint venture, previously called Talisman Sinopec Energy UK. Formal contract award remains subject to Tilenga Partners approval. Widnes Nematode production in Littlehampton. The parent falls under the purview of China's State Council. (6 April 2022). Shortly thereafter, Sinopec resumed production with more environmentally friendly methods. Its activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. Read more BASF's UK headquarters in Stockport. 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. HSBC Holdings Plc is looking for a new global headquarters less than half the size of its current space in London's Canary Wharf, according to the Sunday Times. 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. Please, Small Nuclear Reactors Get Boost As Western Cities Vote Yes, BP Gets Disappointing Results For Gulf Of Mexico Deepwater Appraisal Well, Equinor Closes In On $1 Billion Deal To Buy Suncors UK Oil Assets, Oil Demand Set To Climb As Chinas Economy Finally Rebounds, Germanys Natural Gas Bill Doubled In 2022 Despite Import Volumes Falling, Saudi Aramco Looks To Invest In LNG Export Facility Abroad, European Natural Gas Prices Post Longest Monthly Losing Streak Since 2020, Alberta Eyes Massive Budget Surplus Thanks To High Oil Prices, U.S. Crude Oil Inventories Continue To Build, Russias Oil Exports Still Strong Despite Sanctions, Russian Oil And Gas Project Misses Output Targets After Exxon Exit, Gazprom Neft: Russian Oil Output Cut Will Help Balance The Market, BPs CEO Warns Of Oil And Gas Price Spikes If Energy Transition Is Rushed, House Republicans Look To Block ESG Investing In Retirement Plans, Chevron Hikes Annual Share Buyback Target To $17.5 Billion, BP To Stop Publishing Statistical Review Of World Energy After 71 Years, Shale CEO Highlights What Argentinas Oil Industry Needs To Flourish, Japan Steps Up Efforts To Build Nuclear Fusion Reactor, U.S. Natural Gas Futures Hit One-Month High, UK Households Brace For Higher Energy Bills In April, Kazakhstan Enters New Era Amid Strong Demand For Its Commodities, Rio Tinto Signs Iron Deal With One Of Chinas Top Steelmakers, Mexico's Oil Giant Reports Staggering Losses, U.S. 72 were here. The project will be led from McDermott's offices in West of London, UK, and Sinopec's office in Yangzhou, China, before transitioning to Uganda for the construction activities. This Website is constructed by China Petrochemical Corporation. Alfreton 2. [13] Sinopec Corporation is a partner in Petrodar Operating Company Ltd., a consortium whose partners also include China National Petroleum Corporation (CNPC, the 90 per cent owner of PetroChina) and Sudapet (the Sudanese state-owned oil company), among others. Sinopec produces around 1/4 as much raw crude oil as PetroChina, but produces 60% more refined products per annum. We aim to maximise returns from our late life assets, safely. Choose our premium Central London office at 167-169 Great Portland Street, W1. [37], On 21 December 2006, gas started leaking during the drilling of a test well by the Sinopec Southern Prospecting and Development Branch in Quingxi. [32], Unipec, a subsidiary of Sinopec, is an intermediary for banned Russian oil. 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. [17], In June 2013, Sinopec agreed to acquire Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion. Set up your account today. Its business mainly covers. In 2023, we will, as always, do our best to make it possible. 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. [25], On 11 November 2011 Sinopec announced that the company will invest $5.2 billion in buying a 30 percent stake in the Brazilian unit of Galp Energia SGPS SA which discovered biggest reserved in the western hemisphere since 1976.[26]. [14], In 2007, in eastern Ethiopias Ogaden Desert, a raid by an ethnic Somali rebel group on a Sinopec drilling site left 74 dead including 9 Chinese oil workers, and 7 kidnapped on 24 April 2007. Legal Notice - Privacy statement - Cookie policy - Sitemap. (hereinafter referred to as SINOPEC). China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, established by the state in July 1998 on the basis of the former China Petrochemical Corporation Ma Yongsheng, Chairman, Secretary of the Leading Party Member Group Mr. Ma is a professor level senior engineer with a doctors degree and an academician of the Chinese Academy of Engineering 2019 saw complex and grim production and operation environment, with internal and external challenges rising sig-nificantly, global economic growth slowing down, international oil prices fluctuating at a wide range Sinopec Group - The Board of Directors - The Executive Management Team - General Administration Dept. 01 Sep 1989. Reporting by Julia Payne; Editing by Alison Williams and Mark Potter. [24] Daylight was renamed Sinopec Daylight Energy Ltd. after it was taken over in December 2011. On behalf of the Chinese petrochemical adhering to the concept of sustainable Corporate culture is a key component of the core competitiveness of a company and the driving force for its growth. Address: 5th floor, 40 Princes Street Edinburgh EH2 2BY United Kingdom Tel: + 44 (0) 131 557 7101 Fax +44 (0) 131 556 8035 Last updated: December 2021 Please sign in or register for free. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. 30 September 2023, Last accounts made up to Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. Zhongyuan Oilfields Petrochemical Company, a unit of Sinopec, had failed to meet waste water treatment requirements and had been ordered to pay a pollution fine and operations had to be halted, according to the State Environmental Protection Administration (SEPA). Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China,. Annual Report Northern Ireland shares a border with the Republic of Ireland. Get started now for absolutely FREE, no credit card required. "This is a first step which allows launching the detailed engineering and procurement activities before the final approval by the Partners. Liberty Industrial Ltd has been awarded contract for the decontamination, demolition and site remediation of Nigg Oil Terminal. Work began in 2Q21 and first oil is expected in 2025. Sinopec is also looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone. 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. Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group (Sinopec Group) in February 2000. You can change your cookie settings at any time. [18], In February 2007, Saudi Aramco and Exxon signed a deal with Sinopec to revamp the Fujian oil refinery and triple its capacity to 240,000 barrels per day (38,000m3/d) by 2009. Sinopec Group Annual Report Sinopec Corp. [9], In August 2013, Sinopec acquired a 33% stake in Apache Corporations oil and gas business in Egypt for $3.1 billion. Aramco, Exxon and Sinopec also signed contracts for a fuel marketing venture that will manage 750 service stations and a network of terminals in Fujian province. [45], Zhnggu Shyu Hugng Gfn Yuxin Gngs, Globe and Mail, Report on Business p.B3, 2 August 2013. On 15 October 2012 Sinopec completed the purchase of 20 oil wells belonging to TOTAL E&P in Southern Nigeria in a deal worth around $2.45 billion. Work began in 2Q21 and first oil is expected in 2025. +44 (0) 207 183 3787 Our Locations We have exclusive offices across the UK Choose from our prime business addresses London We have four offices located in the vibrant, beating heart of Central London to help boost your business profile and increase confidence in your brand. Tilenga includes six oilfields and will feature 426 oil wells at full production. Oil & gas news. Callanish 4. China Petroleum & Chemical Corporation () or Sinopec (simplified Chinese: ; traditional Chinese: ; pinyin: Zhnggu Shhu), is a Chinese oil and gas enterprise based in Beijing. Save to read list Brits are braced for chilly weather after the forecaster predicted more wintry conditions this month. Discover all the products and services we have for you and your business, Learn about our scholarships and internships. LONDON (Reuters) - London employees at Unipec, the trading arm of China's state oil firm Sinopec, have been told to work from home after an employee exhibited coronavirus-like symptoms, a.

Funny Drinking Toasts Dirty, Sergio Vega Death Scene, Laurie Holmond Net Worth, Sarah Jane Parkinson New Husband, Articles S