Formal contract award remains subject to Tilenga Partners approval. Lets dive into the vibes of the Chinese New Year and embrace a new chapter in our life. Copyright China Petrochemical Corporation. Published by Nicholas Woodroof, 12 Jan '23 News 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. The company was simultaneously listed in Hong Kong, New York, and London in October 2000. [23], In October 2011, the company offered C$2.2 billion ($2.1 billion) to acquire Canadian oil and gas firm Daylight Energy. instructions how to enable JavaScript in your web browser. On Wednesday, 28 July 2010, an explosion at an abandoned Sinopec plastics and chemicals factory in the Qixia District of Nanjing, China killed at least 12 people and seriously injured 15 more. 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). Sinopec Group, the largest shareholder of Sinopec Corp., is a super-large petroleum and petrochemical group incorporated by the State in 1998 based on the former China Petrochemical Corporation. Unipec, the oil trading unit of Asia's largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like. Chen Aizhu. 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. Upstream project news Merchant of Record: A Media Solutions trading as Oilprice.com, That email address is already in the database. 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. Unipec, the oil trading unit of Asias largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like symptoms, a source with knowledge of the matter told Reuters on Monday. Employees were asked to stay home until more is known as a precaution, the source said. Editor TALISMAN SINOPEC ENERGY UK LIMITED 17 Dec 2012 - 04 Jul 2016 TALISMAN ENERGY (UK) LIMITED 13 Jan 1995 - 17 Dec 2012 . The United Kingdom's electricity supply mainly comes from fossil fuels like coal and oil. He was relieved of post in 2007. [24] Daylight was renamed Sinopec Daylight Energy Ltd. after it was taken over in December 2011. Sinopec produces around 1/4 as much raw crude oil as PetroChina, but produces 60% more refined products per annum. 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. You've accepted analytics cookies. The company has signed an agreement to acquire equity interest in discoveries in the Troll, Fram and Kvitebjrn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.[6][7]. Registered office address changed from Suite 1, 3rd Floor 11-12 st. James's Square London SW1Y 4LB England to Suite 1, 7th Floor 50 Broadway London SW1H0BL on 13 October 2022 Equinor to acquire equity interest in five North Sea discoveries, McDermott, Sinopec consortium land EPCC contract for TotalEnergies' Tilenga project. The UK is set to have another cloudy day with some showers in a few pockets on the first day of March as the Met Office forecasted a spell of wintry weather this month. 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). Next accounts made up to 31 December 2022 Also included in the plans are a storage tank as well as a pipeline network. if(window.innerWidth <= 1023){ The authorities in the UK advise returning travelers to self-isolate and avoid contact with other people if they had recently traveled to China and other countries in Asia to northern Italy or to Iran. Embed article link: (copy the HTML code below): This article has been tagged under the following: Upstream news [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. This content is available to registered readers of our magazine only. 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. Our primary concern is the health and safety of our employees, it added. Sinopec is also looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone. To produce sustainable oil and gas that provides energy security and creates value whilst driving progress and prosperity in society News Luis Polo Appointed Repsol Sinopec CEO Luis Polo has been appointed Chief Executive Officer, Repsol Sinopec Resources UK Limited, effective 1 March 2023. more Sinopec Corp China Petroleum & Chemical Corporation is a vertically integrated energy & chemical company that is engaged in oil & gas exploration and production. [27], In April 2013, Sinopec agreed to sell a stake of 30 percent in an oil and gas block in Myanmar to Taiwan's CPC Corp.[28], In November 2021, U.S. producer Venture Global LNG signed a twenty-year contract with Sinopec to supply liquefied natural gas (LNG). [19] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. This is in addition to other exploration projects currently being embarked upon both in Rivers and Akwa Ibom States. Addax Petroleum was established in 1994 and since August 2009, has been a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China, the biggest oil refiner in Asia and the third largest worldwide. var write_html = `