HongKong:0386

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...

2023-08-23 16:27 3329

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...

2023-07-25 19:01 3406

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 ...

2023-07-03 17:30 3891

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...

2023-06-21 15:31 3684

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...

2023-05-22 21:02 3720

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 ...

2023-05-04 20:34 4279

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...

2023-04-13 16:40 5203

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...

2023-04-10 22:06 3907

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...

2023-03-13 20:06 3409

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 (HKG: 0386, "Sinopec") held launching ceremonies of its first hydrogen demonstration project in the Inner Mongolia Autonomous Region, the Inner Mongolia Erdos Wind-Sola...

2023-02-22 12:14 4080

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 ...

2023-02-16 20:10 4173

Sinopec Publishes "The Sinopec Green and Low-carbon Development White Paper 2022"

Strengthening Sustainable Advantages to Accelerate High-quality Development and Achieve "Dual Carbon" Goals BEIJING, Jan. 16, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") published the "The Sinopec Green and Low-carbon Development White Paper 2022" (the "Whi...

2023-01-16 15:28 3756

Sinopec Sets A New Vertical Well Depth Record of 8,866 Meters in the Sichuan Basin, China

BEIJING, Dec. 30, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") announced that its Yuanshen-1 risk exploration well in theSichuan Basin had successfully completed the drilling at a depth of 8,866 meters, beating the previous deepest record in theSichuan Basin ...

2022-12-30 21:03 3953

Sinopec Releases China Energy Outlook 2060, Anchoring New Path of Energy Transformation Development

BEIJING, Dec. 29, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") officially published the "China Energy Outlook 2060" (the "Outlook") onDecember 28 in Beijing. This is Sinopec's first publicly released research findings of their medium and long-term energy outl...

2022-12-29 19:45 4340

Sinopec Uncovers High-Yielding Shale Gas Reserve in Sichuan Basin

The Qijiang shale gas field adds new geological reserve of 145.9 billion cubic meters BEIJING, Nov. 25, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has announced that the first phase of the Qijiang shale gas field has uncovered a major discovery inSichuan...

2022-11-25 21:23 16759

Sinopec and QatarEnergy Ink Long-term LNG Deal

The Deal Will See QatarEnergy Supply 4 million tons of LNG to Sinopec Every year, and the Two Sides Carry out Integrated Cooperation on the Expansion Project of the Northern Gas Field BEIJING, Nov. 22, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") and QatarEn...

2022-11-22 16:24 3691

China Launches First 10-million-ton CCUS Project to Probe into Decarbonization Solutions for Industrial Enterprises in East China

Sinopec, Shell, China Baowu and BASF will explore open-source CCUS development to achieve carbon goals SHANGHAI, Nov. 4, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a non-binding MoU with Shell, China Baowu and BASF to launch the first 10-million...

2022-11-04 22:30 4729

Sinopec Announces Major Discovery of Shale Gas in Sichuan Basin: First Breakthrough in Cambrian Qiongzhusi Formation

BEIJING, Oct. 24, 2022 /PRNewswire/ -- Sinopec Southwest Oil & Gas Company of China Petroleum ("Sinopec Southwest") & Chemical Corporation (HKG: 0386, "Sinopec") has discovered new shale gas reserves in the Jinshi 103HF exploratory well deployed in theSichuan Basin.  With a daily natural gas pro...

2022-10-24 19:48 3535

Sinopec Produces China's First Batch of Large Tow Carbon Fiber

SHANGHAI, Oct. 14, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully producedChina's first batch of large tow carbon fiber at the company's production base inShanghai, making the company the first in the country and fourth in the world to possess ...

2022-10-14 21:53 3514

Sinopec Publishes Sustainability Insights Reports, Bringing Focus to Packaging Materials and Degradable plastics

BEIJING, Oct. 12, 2022 /PRNewswire/--China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has published three sustainability insights reports highlighting the current status of the usage of packaging materials and degradable plastics in the country, in relation toChina's sustainable dev...

2022-10-12 00:11 2674