Sinopec Completes Drilling of China's Deepest Geothermal Exploration Well of 5,200 Meters
BEIJING, April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling ofChina's deepest geothermal exploration well, the Fushen-1 Well inHainan with a well depth of 5,200 meters. The milestone has revealed the mechanism of de...
Sinopec and TotalEnergies Ink Agreement for Sustainable Aviation Fuel Production
BEIJING, April 3, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG:0386, "Sinopec") has inked a landmark heads of agreement (HoA) with TotalEnergies inBeijing, embarking on a joint venture to produce sustainable aviation fuel (SAF) from waste oils at one of Sinopec's refineries. T...
Sinopec Files 2023 Annual Report, Hits USD 444.81 Billion Revenue with 14.5 Percent YoY Growth
BEIJING, March 27, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has recently filed the 2023 Annual Report and disclosed the group's operating revenue in accordance with International Financial Reporting Standards (IFRS), hitting3.21 trillion yuan (USD 444.66 ...
Sinopec's West Sichuan Gas Field Enters Operation
Boasts Over 100 Billion Cubic Meters Capacity, Enhances Southwestern China's
Clean Energy Supply
BEIJING, March 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation
Sinopec Highlights CCUS Achievements at COP 28 and Releases Its First 10-Year Performance Report on Supporting "Belt and Road" Initiative
DUBAI, UAE, Dec. 8, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has highlighted the key achievements in carbon capture, utilization, and storage (CCUS) and released the first 10-year performance report supporting the "Belt and Road" Initiative ("BRI") at t...
China's Largest LNG Storage Tank of 270,000 Cubic Meters Now in Operation
QINGDAO, China, Nov. 3, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has officially putChina's first and also the world's largest LNG storage tank of 270,000 cubic meters into service on November 2 at its Qingdao LNG Receiving Terminal. The tank will add 165 m...
WGC2023 Publishes Beijing Declaration and the World's First Geothermal Industry Standard
BEIJING, Sept. 20, 2023 /PRNewswire/ -- The 7th World Geothermal Congress
(WGC2023)
World Geothermal Congress 2023 Opens in Beijing, Pushing Forward Ecological Development Strategies to Build A Greener Future
BEIJING, Sept. 15, 2023 /PRNewswire/ -- The 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporation (Sinopec Group) under the theme of "Clean Geothermal, Green Earth," kicks off at China National Convention Center inBeijing. It is China's first time hosting the internat...
China's First 10,000-ton Photovoltaic Green Hydrogen Pilot Project Now Fully Built and Put into Production
The Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project will produce an annual green hydrogen output of 20,000 tons KUQA, China, Aug. 31, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") completed the construction of the Sinopec Xinjiang Kuqa Green Hydrogen Pilot...
Sinopec Announces Major Gas Field Discovery in Sichuan Basin, China
A key breakthrough of Project Deep Earth-Sichuan and Chongqing natural gas base, phase-I of the Bazhong gas field adds 30.55 billion cubic meters of proven geological reserves CHONGQING, China, Aug. 23, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has receiv...
Sinopec Paves the Way for High-Quality Growth in Petrochemical Industry Using Innovative Drive, Energy Efficiency and Consumption Optimization Approaches
BEIJING, July 25, 2023 /PRNewswire/ -- Ma Yongsheng, Chairman of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), has remarked that China's petrochemical industry is looking at profound adjustment and transformation in times of change at the forum for petrochemical industry developm...
Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project Enters Operation, Leading China's Green Hydrogen Development
KUQA, China, July 3, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") announced that the Green Hydrogen Pilot Project ("Project") constructed by the company in Kuqa City of Aksu Prefecture, Xinjiang Uygur Autonomous Region, has commenced operation. The official ...
Clean Geothermal, Green Earth: Sinopec to Host World Geothermal Congress 2023
BEIJING, June 21, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") will host the 7th World Geothermal Congress (WGC 2023) fromSeptember 15 to 17 in Beijing, China, which will be China's first time hosting the international convention known as the "Olympics of Geo...
Sinopec Signs Key Terms Agreement with Kazakhstan for Polyethylene Project
BEIJING, May 22, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a key terms agreement with KazMunayGaz, the national operator of the oil and gas industry ofKazakhstan, for developing a polyethylene project in the Atyrau Region onMay 18 in Xi'an, Chin...
Sinopec Starts the Drilling of Asia's Deepest Oil and Gas Well in Tarim Basin
BEIJING, May 4, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has initiated the drilling of Project Deep Earth 1-Yuejin 3-3XC Well ("the Well") onMay 1 in the Tarim Basin, Xinjiang Uyghur Autonomous Region. With a design depth of 9,472 meters, it will be the ...
Sinopec to Take 1.25 Percent Shares in Qatar's North Field East LNG Expansion Project
DOHA, Qatar, April 13, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed an equity participation agreement with QatarEnergy onApril 12 to take 1.25 percent shares in Qatar's North Field East (NFE) expansion project, which is currently the largest Liquef...
Sinopec's Styrene Butadiene Copolymer (SBC) Project with 170,000 Tons/Year Production Capacity Goes into Operation
BEIJING, April 10, 2023 /PRNewswire/ -- Hainan Baling Chemical New Material Co., Ltd., a subsidiary of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), has launched production of its styrene-butadiene copolymer (SBC) project (the "Project") inHainan, China, which will reach an annua...
Towards the "Dual Carbon" Goals, Sinopec Calls for Building CCUS into China's Voluntary Emission Reduction System
Chemical recycling of waste plastics viewed as key approach in advancing sustainability of chemical industry BEIJING, March 13, 2023 /PRNewswire/ -- Ma Yongsheng, President of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), is calling for the inclusion of carbon capture, utilizati...
Sinopec Launches the World's Largest Green Hydrogen-Coal Chemical Project in Inner Mongolia
BEIJING, HOHHOT and ORDOS, China, Feb. 22, 2023 /PRNewswire/ -- China Petroleum
& Chemical Corporation
China's First Integrated Methanol-to-Hydrogen and Hydrogen Refueling Service Station Now in Operation
DALIAN, China, Feb. 16, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") officially launchedChina's first methanol-to-hydrogen and hydrogen refueling service station (the "Service Station") inDalian, China yesterday. An upgrade from the previous fueling station ...