Spearheaded by Sinopec''s New Star Company, the mega project is the largest solar-to-hydrogen project in the world and the first of its kind in China that is equipped with a photovoltaic power generation complex, power transmission and transformation lines, as well as facilities for water electrolysis hydrogen production,
Read MoreGES is an independent energy storage company. We are developing and operating first-class energy storage assets to create a global terminal network. Our strategic focus is to facilitate the Energy Transition: we are developing the infrastructure needed for our customers to move towards ever more sustainable and low carbon energy use. About Us.
Read MoreThe terminal, which includes 20 220,000-cu m storage tanks, will supply 28 billion cu m/year (bcmy) of natural gas to China''s markets. PipeChina expects Phase 1 to enter service in 2023.
Read MoreChina Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has officially put China''s first and also the world''s largest LNG storage tank of 270,000 cubic
Read MoreChina''s top oil firm, PetroChina, has started building 1 million cubic metres, or about 6.3 million barrels, of crude oil storage tanks in southwestern Sichuan, company-run China Petroleum Daily
Read MoreThe Volkswagen Group is entering a new business segment with the Elli charging and energy brand and will develop, build and operate large-scale stationary storage systems together with partners along the value chain. In the future, Elli''s industrial energy storage systems will be used to supply customers and for arbitrage transactions
Read MoreWith the launch of the Single Point Mooring project, the capacity will be increased by another 15 days, thanks to onshore reserve tanks and pipelines'' storage capacity – 20,000 tonnes. According to the Energy and Mineral Resources Division, the state-run Eastern Refinery can refine 15 lakh tonnes of crude oil per year.
Read MoreElectrochemical and other energy storage technologies have grown rapidly in China. Global wind and solar power are projected to account for 72% of renewable energy generation by 2050, nearly doubling their 2020 share. However, renewable energy sources, such as wind and solar, are liable to intermittency and instability.
Read MoreUnder a deal reached earlier this week, Sinopec will handle more than 60% of ZPC''s domestic refined products sales, worth about 55 billion yuan ($8.0 billion) a year, the company said in a
Read MoreIt provides the overview of the China''s energy economy development in 2021 and has an in-depth analysis of the future development trends of the oil and gas and new energy industries. It aims to present Chinese
Read More4 · 2023 was a breakthrough year for industrial and commercial energy storage in China. Projections show significant growth for the future. The Forum''s Modernizing Energy Consumptioninitiative brings together 3 leaders to provide insights and strategies for advancing energy storage deployment in China''s industrial sectors.
Read MoreChina''s energy storage capacity has further expanded in the first quarter amid the country''s efforts to advance its green energy transition. By the end of
Read MoreChina Petroleum & Chemical Corporation has officially put China''s first and largest liquefied natural gas (LNG) storage tank of 9.5 MMscf (270,000 m3) into service at its Qingdao LNG Receiving Terminal. The tank will add 58.3 MMscf (165 million m3) of storage capacity to meet the gas demand of 2.16 million households for five months.
Read MoreRiyadh, Saudi Arabia, May 29, 2024 – China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") publicized reports that shed light on the future of China''s petrochemical sector, along with the decarbonization efforts of Chinese companies as they continue to push for a green, low-carbon transition, at the press conference in Riyadh, Saudi Arabia,
Read MoreThe Company was incorporated on 25th February, 2000 by China Petrochemical Corporation (hereinafter referred to as "Sinopec Group") as the sole initiator, pursuant to the Company Law of the People''s Republic of China. The 16.78 billion H shares were listed in Hong Kong, New York and London Stock Exchanges on 18th and 19th October, 2000.
Read More1 · The base in the city of Yancheng, east China''s Jiangsu Province, has a group of gas tanks with a combined LNG storage capacity of 2.5 million cubic meters, the
Read MoreChina was the second-highest consumer of petroleum and other liquids in the world in 2022. China''s petroleum and other liquids consumption fell by 120,000 b/d in 2022—the first decrease in demand since 1997. In 2022, China''s consumption decreases were mainly driven by decreased demand in jet fuel (48%) and kerosene (9%).
Read MoreIn July 2010, two pipelines exploded at an oil storage depot belonging to China National Petroleum Corp near Dalian''s Xingang Harbour in Liaoning province which spilled an estimated 1,500 tonnes of crude into the sea. Two thousand firefighters took fifteen hours to subdue the fire and the spill reached a size of 180 km 2 (69 sq mi).
Read MoreQINGDAO, China, Nov. 3, 2023 – China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has officially put China''s first and also the world''s largest LNG storage tank
Read MorePublished August 26, 2021. China will play a definitive role in the energy transition, but its national oil companies (NOCs) face an uncertain future as the country reorients its energy strategy. China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec), and China National Offshore Oil Corporation (CNOOC) are
Read MoreA project rendering issued when Great Kiskadee Storage was announced by Apex and Powin in May 2023. Image: Powin Energy. SK Gas and SK D&D, two companies in the South Korean SK Group conglomerate, have entered a joint venture (JV) for the ownership of energy storage facilities in the US with Apex Clean Energy.
Read More4 · Apart from conducting petroleum and natural gas exploration, production, storage and transportation businesses, Sinopec has accelerated the development of the hydrogen energy industry, to seek new
Read MoreChina Petroleum & Chemical Corporation has officially put China''s first and largest liquefied natural gas (LNG) storage tank of 9.5 MMscf (270,000 m 3) into service at its Qingdao LNG Receiving Terminal.The tank will add 58.3 MMscf (165 million m 3) of storage capacity to meet the gas demand of 2.16 million households for five
Read Moremore Sinopec Corp. China Petroleum & Chemical Corporation is a vertically integrated energy & chemical company that is engaged in oil & gas exploration and production more Company Report. First Quarterly Report for 2024 Download. Annual Report 2023 Download. Sustainability Report 2023 Download.
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 MoreAccording to China National Petroleum Corporation (CNPC) Group Electric Energy Co., Ltd., on 20 May, the grid-connection ceremony of CNPC''s first
Read MoreThe petroleum industry plays an essential role in driving China''s economic development. In the past few decades, several reforms in the petroleum industry have been implemented; however, there are still some issues that have not been resolved. Moreover, with the new-normal economy, the transition to green energy and
Read MoreAdd :12th&16th Floor, Jin Ao International Building, No.17 Madian East Road, Haidian District, Beijing, China. Zip :100088. Phone :86-10-82809807. Fax :86-10-82809807-811. Email :zwf@china-hbp . HBPs Comprehensive Gas Processing Project in Kazakhstan has been honored with the Excellent Engineering Survey and Design Award
Read MoreQINGDAO, China, Nov. 3, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has officially put China''s first and also the world''s largest LNG storage tank of 270,000
Read MoreJing Xiao. Nanoyang Group, Tianjin Key Laboratory of Advanced Carbon and Electrochemical Energy Storage, School of Chemical Engineering and Technology, National Industry-Education Integration Platform of Energy Storage, and Collaborative Innovation Center of Chemical Science and Engineering (Tianjin), Tianjin University,
Read MoreThey are part of the carbon capture, utilization, and storage (CCUS) demonstration project by Shaanxi Yanchang Petroleum (Group) Co., Ltd. (YCPC), one of China''s largest oil and natural gas
Read MoreAbout. 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
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