About. Sinopec Group. China Petrochemical Corporation (the Company) was established in July 1998 on the basis of the former China Petrochemical Corporation, a move by the central government to strategically restructure the petroleum and petrochemical industry. It was further incorporated as a limited liability corporation in August 2018. A
Read MoreNational Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities. We engaged McDaniel to provide an evaluation of proved and proved plus probable reserves and no request was made to evaluate possible reserves. All of Sinopec Daylight''s reserves are in Canada, and specifically in the provinces of Alberta and British Columbia.
Read MoreChina Petroleum & Chemical Corporation (Sinopec) says it started the construction of the world''s largest LNG storage tank. Sinopec informed via social media that the world''s largest LNG storage tank has been accelerated at Qingdao LNG terminal in Shandong Province. The LNG tank will have a storage capacity of 270,000 cubic meters.
Read MoreRIYADH, Saudi Arabia, May 29, 2024 /CNW/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") publicized reports that shed light on the future of China''s petrochemical sector, along
Read MoreSinopec in Hong Kong Sinopec in Hangzhou, Zhejiang. China Petroleum and Chemical Corporation, or Sinopec, is a Chinese oil and gas enterprise based in Beijing is listed in Hong Kong and also trades in Shanghai.. Sinopec Limited''s parent, Sinopec Group, is the world''s largest oil refining, gas and petrochemical conglomerate, headquartered in
Read MoreHere, the greatest power consumption occurs in the WE process, which is 537.3 MW (69.8% of the total) for CTM and 2116.5 MW (69.9% of the total) for CTO. Thus, the total scale of energy storage via the combined system of EFCG + WE, including PC, liquid oxygen, liquid hydrogen, liquid CO 2, and WE, is about 770.2 MW.
Read MoreChina''s Shanghai International Energy Exchange (INE) said in a statement on Thursday it increased the storage capacity at two of energy giant Sinopec''s <600028.SS> crude
Read MoreDeep underground energy storage is the use of deep underground spaces for large-scale energy storage, which is an important way to provide a stable supply of clean energy, enable a strategic petroleum reserve, and promote the peak shaving of natural gas. Rock salt formations are ideal geological media for large-scale energy
Read MoreThe new firm, Sinopec Carbon Industry Technology Co. Ltd, has registered capital of 2.5 billion yuan ($352.06 million) with Sinopec Corp holding a 46% stake and Sinopec''s Nanjing Chemical
Read MoreAs of end-2018, China National Petroleum Corporation (CNPC) owned 63 per cent of China''s mainstream oil and gas pipelines, while Sinopec and CNOOC controlled 31 per cent and 6 per cent
Read More23 · You are here: Business > Energy and Resources > China completes its largest LNG storage base 0 Comment(s) Print E-mail Xinhua, July 1, 2024 Adjust font
Read MoreWith a total storage capacity of 10.03 billion cubic meters, the gas storage cluster will play a role in guaranteeing upcoming winter fuel demand. According to Sinopec Corp., the Zhongyuan underground gas storage cluster includes the Wen-23, Wen-96 and Wei-11 underground gas storage facilities.
Read MoreChina Petrochemical Corp, or Sinopec, has launched a specialised unit to engage in capturing and storing carbon dioxide as well as equity investment in carbon-related assets, the company said.
Read MoreChina Energy Outlook 2060 (2024 Edition) shows a downward trend in energy consumption and carbon emissions in China, fueled by the country''s green and
Read MoreGlobal energy trader Gunvor (GGL.UL) is exiting fuel oil storage at the PetroSeraya terminal in the Asian oil hub of Singapore, with a Sinopec unit set to take over the space, several market
Read MoreSinopec''s Zhongyuan gas storage cluster now has three blocks, the Wen 23, Wen 96 and Wei 11. The Wei 11 gas storage facility that''s now up and running is a key component of
Read MoreChina''s largest liquefied natural gas (LNG) storage tank, with a storage capacity of 270,000 cubic meters, was put into operation at Sinopec Qingdao LNG
Read MoreThe 109-kilometer pipeline transports carbon dioxide captured from Sinopec''s Qilu refinery in Shandong province to its Shengli oilfield for further displacement, storage and well stimulation. The project will reduce carbon emissions by 1 million tons per year, the equivalent of planting nearly 9 million trees and shutting down 600,000
Read MoreThe largest underground natural gas storage cluster in northern China, with a capacity of 10.03 billion cubic meters, was put into operation on Monday. It will guarantee stable energy supply in
Read MoreIn September 2021, Sinopec commenced operations of its first photovoltaic power station in Shanghai. The grid-connected plant can produce 400,000 kWh of power annually. By 2025, up to 7,000 PV
Read MoreEnergy Insider: China National Nuclear and CATL Set Up Joint Venture; Guangdong Cranks Up Urban Natural Gas Coverage - National Energy Administration looks into rising solar module prices; Sinopec opens its first gas storage unit in Northeast China; Sichuan
Read More* Wen-23 storage, built from a depleted gas field in central province of Henan, has a total designed storage capacity of 10.4 billion cubic metres (bcm), including 8.4 bcm under phase one, Sinopec
Read MoreIn today''s Caixin energy news wrap: China National Nuclear Corp. and CATL units will set up a 50-50 new-energy joint venture; Guangdong vows urban natural gas coverage will top 70% by 2025; China''s National Energy Administration studies the impact of rising solar module prices and the chip shortage on the photovoltaic industry.
Read MoreChina''s Sinopec Corp said on Monday it has put into operation the country''s largest carbon capture, utilisation and storage (CCUS) facility in east China, and plans to build two more plants of
Read MoreIntroduction Review on the Petroleum Market in China: History, Challenges and Prospects (This article has been written by Si Yuan Chen and Qi Zhang) Since the 1990s, the growth of Chinese oil consumption has accelerated dramatically due to the rapid growth of the domestic economy. A stable supply of petroleum resources is currently
Read MoreOverview. Sinopec Kantons Holdings Limited ("Kantons Holdings") was established in Bermuda in March 1998 and was listed on the Hong Kong Stock Exchange on 25 June,1999 (Stock Code: 00934). Currently, the total issued share capital of Kantons Holdings is 2,486.16 million shares of which 1,500 million shares are held by Sinopec
Read MoreThe gas storage facility has a capacity of 10.03 billion cubic meters and will become a strong resource guarantee for gas storage and peak shaving from winter through spring in north China and
Read MoreHere, the greatest power consumption occurs in the WE process, which is 537.3 MW (69.8% of the total) for CTM and 2116.5 MW (69.9% of the total) for CTO. Thus, the total scale of energy storage via the combined system of EFCG + WE, including PC, liquid oxygen, liquid hydrogen, liquid CO 2, and WE, is about 770.2 MW.
Read MoreIn May 2023, Sinopec entered the ''Long Term Contract for Importation, Storage, Distribution and Sale of Petroleum Products in Sri Lanka'' with Ministry of Power and Energy (MOPE) in Sri Lanka. As per the contract, MOPE shall deliver the license to import, store, supply, distribute, and sell Petroleum Products to Identified Fuel Stations to the new
Read MoreChina Petrochemical Corp, or Sinopec, said on Monday it started building a carbon capture, utilisation and storage (CCUS) project in east China, the largest of its kind in the country, as part of
Read MoreAs the photovoltaic (PV) industry continues to evolve, advancements in sinopec national energy storage have become instrumental in optimizing the utilization of renewable energy sources. From innovative battery technologies to smart energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
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