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...
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...
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...
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 ...
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...
Sinopec Receives Airworthiness Certificate for China's First Large-Scale Production of Bio-jet Fuel
Fuel Derived From Used Cooking Oil Underlines Sinopec's Long-term Strategy for Sustainable Development BEIJING, Sept. 23, 2022 /PRNewswire/ -- Sinopec Zhenhai Refinery of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") obtained a bio-jet fuel airworthiness certificate issued by the...
Sinopec Releases 2021 CSR Report, Underlines Clean Energy, Sustainability and Sharing Fruits of Development with Society
BEIJING, Sept. 20, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has released its 2021 Corporate Responsibility Report lately, highlighting its clean energy development with 104 of its subsidiaries recognized as Green Enterprise and an annual carbon emissio...
Sinopec Acquires Trillion Cubic Meters of Shale Gas Resources in Southwestern Sichuan, China
CHONGQING, China, July 4, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has reported that it has achieved a daily production capacity of 530,000 cubic meters of shale gas onJune 30 in its Xinye Well-1 in Qijiang,Chongqing, confirming the 100 billion cubic mete...
Sinopec Hosts 2021 Annual Performance Conference, Calls To Embrace Green Evolution and Build Low-Carbon Competitive Advantages
BEIJING, March 31, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec" or "the Company")hosted its 2021 annual performance conference on March 28 in Beijing via webinar. Per International Financial Reporting Standards, Sinopec's 2021 turnover and other operating inco...
Sinopec Completes China's First Megaton Scale Carbon Capture Project
The Qilu-Shengli Oilfield CCUS will reduce carbon emissions by 1 million tons per year BEIJING, Jan. 29, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has completed the construction ofChina's first megaton carbon capture, utilization and storage (CCUS) projec...
Major Strategic Breakthrough of Sinopec's Shale Oil Exploration: Three Prospecting Wells in Subei Basin Record High Oil Flow with 350 Million Tons of Estimated Reserves
BEIJING, Dec. 16, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") has reported another strategic breakthrough of shale oil exploration. This time, its subsidiary Sinopec East China Petroleum Bureau has recorded high-yield shale oil flow in three prospecting we...
Sinopec Lands World's Largest Photovoltaic Green Hydrogen Production Project in Kuqa, Xinjiang
* With total investment of $470.77 million, the project will produce an annual output of green hydrogen reaching 20,000 tons when put into operation. * With an expected reduction of carbon dioxide emissions by approximately 485,000 tons a year. * The project will contribute an average of $20...
Sinopec Successfully Completes China's First Industrial Application of Crude Oil Steam-Cracking Technology
* The chemical yield of nearly 50 percent has reached internationally-advanced levels. * The technology significantly shortens the production process, lowers production costs and reduces carbon dioxide emissions. * Sinopec's next step is to build a million-ton industrial demonstration plant...
Sinopec Signs Long-term Contract with Venture Global LNG
BEIJING, Nov. 4, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation
(HKG: 0386, "Sinopec") has signed a 20-year liquified natural gas (LNG)
contract with U.S. LNG producer and exporter Venture Global LNG onNovember 4,
2021, to purchase 4 million tons of LNG a year.
Sinopec Exploits Shale Oil in Shengli Oilfield with Estimated Reserves of 458 Million Tons
* Producing 171 tons of shale oil daily, the Fanye-1 Well sets China's highest production record for a single shale oil well. * 1 million tons of shale oil production capacity expected to be built in the next five years. * Initial estimates of shale oil resources in the region amount to 4 bi...
Sinopec's Ultradeep Prospecting Well to Produce 400,000 Cubic Meters of Shale Gas Daily
CHONGQING, China, Nov. 1, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced that the Dongye Deep 2 key shale gas prospecting well developed by Sinopec Exploration Company in Dongxi, Chongqing, with a buried depth of 4,300 meters, has been tested to pr...
Sinopec Puts Largest Gas Storage Cluster in North China into Operation, Providing 10 Billion Cubic Meters of Gas Storage
BEIJING, Oct. 18, 2021 /PRNewswire/ -- The Wei 11 gas storage facility built by China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec", "the Company") in its Zhongyuan Oilfield region successfully completed its first gas injection onOctober 18, marking the beginning of official operation ...
Sinopec Puts Largest Gas Storage Cluster in North China into Operation, Providing 10 Billion Cubic Meters of Gas Storage
BEIJING, Oct. 18, 2021 /PRNewswire/ -- The Wei 11 gas storage facility built by China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec", "the Company") in its Zhongyuan Oilfield region successfully completed its first gas injection onOctober 18, marking the beginning of official operation ...
Sinopec Fuling Shale Gas Field Sets New Cumulative Production Record of 40 Billion Cubic Meters
BEIJING, Oct. 9, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") Fuling Shale Gas Field – the first commercially developed and operated large-scale shale gas field inChina – announced on October 8 that it has produced 40 billion cubic meters of shale gas, sett...
China Certifies First Shipment of Full Life Cycle Carbon-neutral Petroleum
SHANGHAI, Sept. 23, 2021 /PRNewswire/ -- Shanghai Environment and Energy Exchange (SEEE) has issued the first carbon neutral petroleum certificate to Sinopec (HKG: 0386, "Sinopec"), Cosco Shipping and China Eastern Airlines at the certification ceremony forChina's first shipment of full life cycl...
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