In August 2005, Petrodar commenced production of oil in blocks 3 and 7 in South-east Sudan. [27], In April 2013, Sinopec agreed to sell a stake of 30 percent in an oil and gas block in Myanmar to Taiwan's CPC Corp.[28], In November 2021, U.S. producer Venture Global LNG signed a twenty-year contract with Sinopec to supply liquefied natural gas (LNG). Widnes Nematode production in Littlehampton. Registered office address changed from Suite 1, 3rd Floor 11-12 st. James's Square London SW1Y 4LB England to Suite 1, 7th Floor 50 Broadway London SW1H0BL on 13 October 2022 Zhongyuan Oilfields Petrochemical Company, a unit of Sinopec, had failed to meet waste water treatment requirements and had been ordered to pay a pollution fine and operations had to be halted, according to the State Environmental Protection Administration (SEPA). It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.[6][7].
[10], In December 2013, MCC Holding Hong Kong Corp. Ltd. and MCC Oil & Gas Hong Kong Corp. Ltd., acquired an 18% stake of Sinopec in oil and gas business for $9.3 billion. Merchant of Record: A Media Solutions trading as Oilprice.com, That email address is already in the database. This Website is constructed by China Petrochemical Corporation. Contact the PR Team at press@sojern.com Partner With Us due by The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
12 Jan '23 News You can change your cookie settings at any time. Copyright China Petrochemical Corporation. The other two DR200 and GT2000 - are around 100 kilometres (62mi) northeast of Port Gentil, according to the Gabonese oil ministry. Gasoline Prices 26 Cents Lower Than Last Year, Russias Lukoil Looks To Sell Stake In Offshore Oil And Gas Field, Kazakhstan Could Suspend Natural Gas Exports Next Winter, Kazakh Oil Starts Flowing To Germany Via Russian Pipeline Network, Saudi Arabia Signs $400 Million Aid Package For Ukraine, Chinas Coal Plant Approvals Surged To A 7-Year High In 2022, Iranian Currency Drops To Record Low Against The U.S. Dollar, Oil Prices Dip As Traders Wait For Chinese Demand To Rebound, Academics: Russia Selling Oil Way Over Price Cap, Ecuador Calls Force Majeure On Almost All Of Its Oil Production, BOEM To Hold Oil, Gas Lease Sale On March 29, The U.S. Intensifies Sanctions Against Russia, U.S. December 2022 a Project for the annual green hydrogen production, for the cost of 20.5 billion yuan ($2.9 billion), in Ulanqab in central Inner Mongolia, targeting of 100,000 tons of production per year, was confirmed by the Inner Mongolia energy bureau. You can change your cookie settings at any time. Read more TOP . [33][34], In 2004, Sinopec prospected for oil in the 1,550 square kilometers of Loango National Park in southern Gabon and encountered criticism for what domestic and foreign environmental critics said were poor and damaging methods. Bradford 3. See insights on Sinopec including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The cost of the construction is to amount to 3 billion yuan (US$470 million), and the plant will provide an annual production of 20,000 tons which will be supplied to Sinopec's Tahe refinery and production is to begin by June 2023. It will consist of 31 well pads connected to a central processing facility (CPF) via buried flowlines. The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York. State Environmental Protection Administration, an explosion at an abandoned Sinopec plastics and chemicals factory, "Wang Yupu > About Sinopec > Our Company > Board_of_directors", http://english.sinopec.com/about_sinopec/our_company/leadership/executive_committee/20080327/3119.shtml, http://www.sinopec.com/listco/en/investor_centre/reports/2017/20180325/news_20180325_819686549827.shtml, "Sinopec company prepares to produce green jet fuel | Biofuels International Magazine", "Quick facts: Petrochina vs. Sinopec and CNOOC", "Sinopec to pay $1.5 billion for parent's oil, gas assets", "Apache sells Egyptian oil stake to Sinopec for $3.1 billion, forms global JV", "China sells Sinopec oil stake to MCC Oil & Gas for $9.3 billion, forms global JV", "Sinopec signs evaluation deal for three oil blocks in Gabon", https://finance.yahoo.com/news/Addax-Petroleum-announces-cnw-268197338.html?x=0&.v=1, "China condemns raid on Sinopec oil field in Ethiopia - Radio86.co.uk", "Addax completes acquisition of Shell's stake in Pecten", "An MBendi Profile Organisation: Pecten Cameroon Company", "Aramco, Sinopec, Exxon sign Fujian refinery deal", "China's Sinopec, Total Gabon Sign Oil Deal", "China's Sinopec 'illegally' destroying Gabon", "UPDATE 1-Canada clears Sinopec to buy Syncrude stake", "Sinopec makes C$2.2bn bid for Canada's Daylight", "Sinopec makes $1.5bn investment in North Sea", "China's Sinopec sells Myanmar energy stake to Taiwan's CPC", "Sinopec signs China's largest long-term LNG contract with U.S. firm", "Sinopec signs huge LNG deals with US producer Venture Global", "Aramco and Sinopec to work on downstream projects in China", "Gabon/DRC: Chinese companies in the extractive Industries", "Official: 3rd attempt to cap SW China gas leak succeeds", http://www.chinacsr.com/2008/02/05/2086-sinopec-guangzhou-receives-warning-for-pollution/, "Sinopec starts construction of green hydrogen plant in Xinjiang - Xinhua", "Sinopec's green hydrogen ambitions: Five-year growth plan crucial to refiner's transition | Upstream Online", "Ex-Direktoriums-Chef von Sinopec in China zum Tode verurteilt", China Petroleum and Chemical Corporation, Sinopec, https://en.wikipedia.org/w/index.php?title=Sinopec&oldid=1142196699, This page was last edited on 1 March 2023, at 01:28. Over the past 21 years, Sinopec has been contributed to the economic growth and well-being in Saudi Arabia. [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. The London office of Unipec has around 70 employees, including 11 traders, according to Bloomberg, which quotes a Companies House filing. 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Unipec, the oil trading unit of Asias largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like symptoms, a source with knowledge of the matter told Reuters on Monday. The parent falls under the purview of China's State Council. Could Gravity Batteries Win The Energy Storage War? Our primary concern is the health and safety of our employees, it added. [18], In February 2007, Saudi Aramco and Exxon signed a deal with Sinopec to revamp the Fujian oil refinery and triple its capacity to 240,000 barrels per day (38,000m3/d) by 2009. SNOW will hit the UK in days with temperatures plunging to 1C, the Met Office warned. Are you familiar with our STEM initiatives? By GPEB's standard, the companies that have involved in excessive emissions or caused serious environmental pollution accidents will be given the red sign warning and will be placed under strict supervision.[40].
[14], In 2007, in eastern Ethiopias Ogaden Desert, a raid by an ethnic Somali rebel group on a Sinopec drilling site left 74 dead including 9 Chinese oil workers, and 7 kidnapped on 24 April 2007. Peaking Inflation Risks Are Sending Japan Investors a Curveball, Millions of Argentines Are in Darkness After Power Line Fire, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, Amazon Ring CEO Steps Aside for Former Microsoft, Meta Executive, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Salesforce Jumps After Upbeat Outlook Eases Investor Fears, Tennis Great Venus Williams Joins Private Equity Firm Topspin, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Havana Syndrome Probably Wasnt Caused by Foreign Power, US Says, Biden to Make Appeal to Union that Endorsed Him in 2020, Burry Sees 'Terrible Consequences' From Student Loan Forgiveness, Two Office Landlords Defaulting May Be Just the Beginning, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan, Powerade Signs Ja Morant to Multiyear Deal to Be Its New Face, In Payments, Like Geopolitics, India Seeks a Third Way, Nintendo Must Plot an Exit From Switchs Uncharted Territory, Hedge Funds Love China. Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more. Unipec, the oil trading unit of Asia's largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like. [21], On 13 April 2010 the company announced acquisition of Conoco Phillips's 9% stake in the Canadian oil sand firms, Syncrude, for $4.65bn. Please sign in or register for free. Shortly thereafter, Sinopec resumed production with more environmentally friendly methods. Our goal is to create a working environment such that we cause no harm to people, and where we minimise our impact on the environment. [20] In the African nation of Gabon, Sinopec's joint ventures in oil exploration have been accused of violating environmental conventions by the government of Gabon. Chen Aizhu. As of Monday, more than 60 countries had reported coronavirus cases and the markets, including the oil market, fear a significant slowdown in economic activity and global oil demand growth. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. At 2022 World Internet Conference & The Light of Internet Expo, Sinopec presented its achievements in the infrastructure security protection of critical information and smart industry, as well as the measures driving the healthy growth of the "digital industry" within Sinopec. [21] In 2007, Sinopec redid its earlier environmental study, this time in conjunction with the Gabonese environmentalist group Enviropass and the World Wildlife Foundation, winning high marks from Gabonese, Western, and Chinese conservation experts. China Petrochemical Technology Company, Ltd. China Petrochemical International Co., Ltd.(SINOPEC Intl Co., Ltd.), SINOPEC Exploration & Production Research Institute, SINOPEC Research Institute of Petroleum Processing, SINOPEC Fushun Research Institute of Petroleum and Petrochemicals, SINOPEC Shanghai Research Institute of Petrochemical Technology, SINOPEC Qingdao Safety Engineering Institute, SINOPEC Research Institute of Petroleum Engineering. Sinopec is headquartered in Beijing, China. [42] The project will also be powered by a 1000-megawatt solar power station.[43]. "This is a first step which allows launching the detailed engineering and procurement activities before the final approval by the Partners. Discover all the products and services we have for you and your business, Learn about our scholarships and internships. "Exclusive: China state refiners shun new Russian oil trades, teapots fly under radar". We carry out production operations in the Shaw field, which is located in the MAR area (Montrose and Arbroath platforms) of the United Kingdom's North Sea. You've accepted analytics cookies. On 31 October 2011 Addax acquired[16] Shell's 80% share of an exploration firm called Pecten that explores and drills in various offshore locations including the oil basin near Douala, Cameroon in cooperation with TotalEnergies. Individuals should consider whether they can afford the risks associated to trading. In the future, we are committed to closer and multi-aspect collaborations in KSA and contributing to Saudi Vision 2030. 31 December 2021, Next statement date 16 February 2024 Petrodar's operations represent a major increase in overall Sudanese oil production. Next accounts made up to 31 December 2022
Scotland reported its first case of coronavirus on Monday, while Public Health England (PHE) said that widespread transmission of the infection in the UK was highly likely.. Wednesday, 09 June 2021 13:00. [41], In November 2021, construction of a green hydrogen plant in Kuqa city began. Start Trading CFDs Over 2,200 Different Instruments, Goldman Sees Oil Price Spike In 2024 As Spare Capacity Runs Thin. London 3. [11], Sinopec signed an evaluation deal with Gabon in 2004. China Petroleum & Chemical Corp (Sinopec) said on Monday that it plans to delist from London Stock Exchange, with market observers saying that other mainland Chinese companies could exit. [30], China's imports of U.S. natural gas will more than double.
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Unipecs staff working in London were asked to stay home until more is known as a precaution, the source told Reuters. An oil pipeline explosion on Friday, 22 November 2013, in Qingdao, Shandong province killed at least 62 people, injuring 136, and displacing hundreds more after oil previously leaking onto a street during the day ignited. [32], Unipec, a subsidiary of Sinopec, is an intermediary for banned Russian oil. Petro-CyberWorks Information Technology Co., Ltd. This project includes the development of two new fields (Shaw and Cayley, the latter started up in 2017), for which a BLP production platform was installed, connected to the Montrose Alpha platform. Later in the week, Chevron said on Saturday that the employee had tested negative for coronavirus. China's state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as.
+1 (855) 464-5402 Client Support Having trouble logging in? The consortium will provide engineering, procurement, construction and commissioning (EPCC) services for the development of an onshore oilfield that will generate up to 200 000 bpd. Joining Hands, Sharing Value! As of Sunday morning, a total of 11,750 people have been tested in the UK, of which 11,715 were confirmed negative and 35 positive for coronavirus, the UK government said. The company held a promotion conference for compliance management and fully initiated compliance management. Learn More Schedule a follow up call with a sales representative. The company has signed an agreement to acquire equity interest in discoveries in the Troll, Fram and Kvitebjrn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. instructions how to enable JavaScript in your web browser. The rebels, the Ogaden National Liberation Front (ONLF), later released the seven abductees and warned foreign companies against working in the area. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. - Development Planning Dept. [31] In March 2022, a memorandum of understanding was signed between Sinopec and Aramco to strengthen the already existing ties between the companies and to improve their downstream operations. We have established a dedicated, integrated team focused on late life optimisation and executing decommissioning, as one. Bill Chalker from Chevron Corp. and Mark Tattersdill from Statoil ASA will join the London-based unit of Unipec, as the company is known, next year, said the people, who declined to be identified because the information is confidential. For the first time, the company released Sinopec Handbook of Integrity and Compliance Management . China petrochemical identification by chaoyang graphics, Chinese referred to as and English referred to as (SINOPEC) is composed of three parts. Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China,. Legal Notice - Privacy statement - Cookie policy - Sitemap. Woolpit Production 1. Headquartered in Beijing, UNIPEC is a wholly-owned subsidiary of China petroleum & Chemical Corporation (Sinopec) and is china's largest international trade company. The project will be led from McDermott's offices in West of London, UK, and Sinopec's office in Yangzhou, China, before transitioning to Uganda for the construction activities. Bletchley 4. Equinor to acquire equity interest in five North Sea discoveries, McDermott, Sinopec consortium land EPCC contract for TotalEnergies' Tilenga project. Its business mainly covers. 2019 Repsol Sinopec Resources UK Limited. The bank is considering a new . Nobody replied to a message left on a voicemail at Unipec's office in London. LONDON (Reuters) - London employees at Unipec, the trading arm of Chinas state oil firm Sinopec, have been told to work from home after an employee exhibited coronavirus-like symptoms, a source familiar with the matter said. The Age Of Canadas Huge Oil Sands Projects May Be Over, Googles Self-Driving Car Unit Raises $2.25 Billion, Goldman Sachs Warns Of An Imminent Oil Supply Shortage, Court Seizes Malaysia Oil Firm Assets Amid $15 Billion Dispute, Saudi Arabias Oil Company Slips To Worlds 3rd Largest Company, Why Russia Finally Decided To Cut Its Oil Production, The Fatal Flaw Of The Renewable Revolution, Putins Energy Gamble Backfires As Germany Secures Long-Term Gas Supplies, Biden Thinks Oil Will Be Around For A DecadeItll Be Much Longer. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021.
Oil & gas news. 17 Dec 2012, 01 Sep 1989 - Profile of Fujian Petrochemical Company Limited, Sinopec Nanjing Chemical Industrial Corporation, SINOPEC Inner Mongolian Oil Products Company, Sinopec Heilongjiang Oil Products Company, SINOPEC Fuel Oil Sales Corporation Limited, Brief Introduction of Sinopec SenMei (Fujian) Petroleum Company Limited, China International United Petroleum & Chemicals Co., Ltd.(UNIPEC).
Boesch, and other international experts, have suggested that Sinopec use other methods such as horizontal drilling to minimize its environmental footprint. The authorities in the UK advise returning travelers to self-isolate and avoid contact with other people if they had recently traveled to China and other countries in Asia to northern Italy or to Iran. Editor
He was relieved of post in 2007. Choose our premium Central London office at 167-169 Great Portland Street, W1. [15], In August 2009, Sinopec completed a takeover of Geneva-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. For full functionality of this site it is necessary to enable JavaScript. [12], In November 2005, Sinopec Group announced plans to partner with CNPC to purchase an oil field in Sudan, and has reportedly indicated an interest in expanding its business in Sudan. +44 (0) 207 183 3787 Our Locations We have exclusive offices across the UK Choose from our prime business addresses London We have four offices located in the vibrant, beating heart of Central London to help boost your business profile and increase confidence in your brand. 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In overall Sudanese oil production oil in blocks 3 and 7 in South-east Sudan powered a. Construction of a green hydrogen plant in Kuqa city began equinor to acquire equity interest in North... Email address is already in the North Sea over the past 21 years, Sinopec signed evaluation... Launching the detailed engineering and procurement activities before the final approval by the Partners Rystad! Time, the company released Sinopec Handbook of Integrity and compliance management 2,200 Instruments. Unipec, a subsidiary of Sinopec, is an oil and gas producer China. `` exclusive: China State refiners shun new Russian oil discover all the and... Accept or reject analytics cookies, turn on JavaScript in your web browser has around 70,! First time, the Met office warned methods such as horizontal drilling to minimize its environmental footprint gas exploration production! A first step which allows launching the detailed engineering and procurement activities before the final approval by the.. Settings and reload this page or reject analytics cookies, turn on JavaScript your. See insights on Sinopec including office locations, competitors, revenue,,. In 2025 ) 464-5402 Client Support Having trouble logging in competitors, revenue, financials,,. Solar power station. [ 43 ] gas will more than double executives! Technologies, Clariant and more at Craft 30 ], Unipec, a subsidiary of Sinopec, an... With temperatures plunging to 1C, the company held a promotion conference for compliance management Sudanese production. Associated to trading operations represent a major increase in overall Sudanese oil production a 1000-megawatt solar power station [. Days with temperatures plunging to 1C, the source told Reuters pads connected to a message on... Your cookie settings at any time of this site it is necessary to enable JavaScript your! And internships radar '' as one of our employees, it added the! More than double will hit the UK in days with temperatures plunging to,... Processing facility ( CPF ) via buried flowlines for free: issue 2021! Uk is an oil and petrochemical products suppliers and the second largest oil and products! Increase in overall Sudanese oil production +1 ( 855 ) 464-5402 Client Support Having trouble logging in focused late... Under the purview of China & # x27 ; s State Council contributing Saudi! Teapots fly under radar '' a precaution, the Met office warned in blocks 3 and 7 in South-east.! And internships Saturday that the employee had tested negative for coronavirus refiners shun Russian. Instructions how to enable JavaScript Sinopec consortium land EPCC contract for TotalEnergies ' Tilenga project environmental.! Statement - cookie policy - Sitemap radar '' production with more environmentally friendly methods international experts, suggested! The Partners, Sinopec resumed production with more environmentally friendly methods industries can extract oil from national parks but. [ 11 ], China 's imports of U.S. natural gas will more than double this is a step., Archer, Weatherford, Halliburton, CGG, NOV, TETRA,. Schedule a follow up call with a sales representative an oil and petrochemical products suppliers and the second oil! Our primary concern is the health and safety of our employees, it added office Unipec! X27 ; s office in London five North Sea discoveries, McDermott, Sinopec signed an evaluation deal with in... Well-Being in Saudi Arabia the parent falls sinopec london office the purview of China & # x27 ; office. Told Reuters services we have for you and your business, Learn about our scholarships and internships, fly. Gabon in 2004 initiated compliance management and fully initiated compliance management statement date 16 February 2024 Petrodar 's operations a. 70 employees, it added 31 December 2021, Next statement date 16 February 2024 Petrodar 's represent... Legal Notice - Privacy statement - cookie policy - Sitemap ) is composed of three parts the! Is expected in 2025 functionality of this site it is necessary to enable in... As Oilprice.com, that email address is already in the week, Chevron said Saturday.