Address: 22 Chaoyangmen North Street, Chaoyang District, Beijing, China Postcode: [17], In June 2013, Sinopec agreed to acquire Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion. In the future, we are committed to closer and multi-aspect collaborations in KSA and contributing to Saudi Vision 2030. Watch our Core Values video where our employees talk about what the values mean to them, and how they take responsibility for living these values every day. [38], China's top environmental watchdog warned Sinopec in 2007 to stop operations at one of its oil fields due to chronic river pollution. Oilfield Technologys first issue of 2021 begins with a look at US tight oils prospects this year. On behalf of the Chinese petrochemical adhering to the concept of sustainable Corporate culture is a key component of the core competitiveness of a company and the driving force for its growth. Next accounts made up to 31 December 2022 [19] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. Get started now for absolutely FREE, no credit card required. A Shanghai listing was completed in June 2001. We have established a dedicated, integrated team focused on late life optimisation and executing decommissioning, as one. Petrodar's operations represent a major increase in overall Sudanese oil production. To produce sustainable oil and gas that provides energy security and creates value whilst driving progress and prosperity in society News Luis Polo Appointed Repsol Sinopec CEO Luis Polo has been appointed Chief Executive Officer, Repsol Sinopec Resources UK Limited, effective 1 March 2023. With promoting low-carbon transformation of global energy as its goal, Sinopec is committed to leading the future of energy and chemical industry with innovation, shouldering its responsibilities to refuel for a better life, and working with all stakeholders to build a better life. [37], On 21 December 2006, gas started leaking during the drilling of a test well by the Sinopec Southern Prospecting and Development Branch in Quingxi. Its business mainly covers. The idea is using a pipeline transferring the hydrogen to Sinopecs Beijing Yanshan petrochemical complex. Petroleum Engineering Technology Services, Refining and Chemical Engineering Services, Have a look at Sinopec's performance in 2021, Clean Energy "Fueling" Olympic Winter Games Beijing 2022, Accelerating Hydrogen Power Development and Advancing Utilization of Clean and Efficient Energies, Launching Researches on Peak Carbon Dioxide Emission and Carbon, Reform of Science and Technology System and Mechanism, Major Technology Development and Commercialization, Exploration technology for marine sedimentation, 22 Chaoyangmen North Street, Chaoyang District, Beijing, China. Sinopec Zhongyuan Petrochemical Corp. Ltd. Please read carefully the following terms Technical support : Pcitc information technology Co., LTD. Copyright China Petrochemical Corporation, Petroleum Engineering Technology Services, Refining and Chemical Engineering Services, 22 Chaoyangmen North Street, Chaoyang District, Beijing, China. 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. The U.S. oil giant is working on a plan to have the staff return to work from office, it said two days ago. 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. 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). Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. Work began in 2Q21 and first oil is expected in 2025. 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. One of the three blocks, LT2000, is some 200 kilometers (120mi) southeast of Gabon's economic hub, Port Gentil, which lies south of the capital, Libreville, on the Atlantic coast. Employees were asked to stay home until more is known as a precaution, the source said. Construction on the Ulanqab project is slated to start construction in December 2023, with completion scheduled for June 2027. [29] In January 2022 they offered to re-sell LNG to take advantage of high Asian spot prices. 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. 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. The Site, Services and Content (defined below) may be changed or updated from time to time without notice. Annual Report Legal Notice - Privacy statement - Cookie policy - Sitemap. This is the second such work from home request from an oil firm in two weeks, after U.S. supermajor Chevron told last week its 300 employees in Londons Canary Wharf business district to work from home after an employee reported flu symptoms after returning from a trip. In 2023, we will, as always, do our best to make it possible. In March 2013, China Petroleum and Chemical Corp agreed to pay $1.5 billion for Sinopec Group's overseas oil and gas-producing assets. The rebels, the Ogaden National Liberation Front (ONLF), later released the seven abductees and warned foreign companies against working in the area. [13] Sinopec Corporation is a partner in Petrodar Operating Company Ltd., a consortium whose partners also include China National Petroleum Corporation (CNPC, the 90 per cent owner of PetroChina) and Sudapet (the Sudanese state-owned oil company), among others. 17 Dec 2012, 01 Sep 1989 - 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 full functionality of this site it is necessary to enable JavaScript. Individuals should consider whether they can afford the risks associated to trading. Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more. On Wednesday, 28 July 2010, an explosion at an abandoned Sinopec plastics and chemicals factory in the Qixia District of Nanjing, China killed at least 12 people and seriously injured 15 more. Sinopec produces around 1/4 as much raw crude oil as PetroChina, but produces 60% more refined products per annum. Brits are braced for chilly weather after the forecaster predicted more wintry conditions this month. }. 01 Sep 1989. Widnes Nematode production in Littlehampton. 74-89% of retail investor accounts lose money. Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group (Sinopec Group) in February 2000. Set up your account today. [5] Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals. Chevron had sent staff to work from home as a precautionary measure to reduce the risk of potential exposure to the coronavirus, the U.S. supermajor said early last week. Joining Hands, Sharing Value! Sinopec is one of the world's. Cooperative relationships and environment, Dialogue with communities and indigenous peoples, Information on the Repsol Group's corporate structure, Repsol International Finance official notices, Repsol Europe Finance official communications, Qualified individuals with experience for industrial complexes. +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. Address: 5th floor, 40 Princes Street Edinburgh EH2 2BY United Kingdom Tel: + 44 (0) 131 557 7101 Fax +44 (0) 131 556 8035 Last updated: December 2021 You've accepted analytics cookies. 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. We are present in the United Kingdom with our Upstream businesses. Sinopec is headquartered in Beijing, China. All quotes delayed a minimum of 15 minutes. This prestigious project demonstrates the continuity and strength of our business relationship with TotalEnergies and their partners CNOOC International of China and Uganda National Oil Company (UNOC)," said Tareq Kawash, McDermott's Senior Vice President, Europe, Middle East, Africa. [41], In November 2021, construction of a green hydrogen plant in Kuqa city began. In December 2006, Sinopec acquired the assets of Shengli Petroleum, whose main asset was a maturing domestic oil field, in order to stabilize its crude inputs and raise the utilization rate of its existing refineries. Tel: (852) 2522 1368 / (852) 6852 8423 Email: nmei@prchina.com.hk / zyliu@prchina.com.hk File: Sinopec Shanghai Petrochemical Company Limited Announces Intention to Delist American Depositary. Funded by the State, it is a State authorized investment arm and State-owned controlling company. Why? Under the contract China, for the first time, bought Gabonese crude oil. 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 It arose from the acquisition, in 2015, by Repsol, of the global assets of the former Talisman Energy Inc, including its 51% equity interest in the joint venture, previously called Talisman Sinopec Energy UK. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. You've rejected analytics cookies. Registered office address Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL . 72 were here. 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. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. [39], Guangdong Provincial Environment Bureau (GPEB) had also issued a red sign warning to 19 companies, including Sinopec Guangzhou, in February 2008. [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). Anna Hirtenstein and Benoit Faucon. Later in the week, Chevron said on Saturday that the employee had tested negative for coronavirus. Sinopec Ltd. is involved in the production of various petroleum products, including gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers, in addition to exploration of crude oil and natural gas within China. 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]. 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. Embed article link: (copy the HTML code below): This article has been tagged under the following: Upstream news Wednesday, 09 June 2021 13:00. We work in production and exploration fields as important as Shaw and Cayley, making us an important player in the development of the region. With promoting low-carbon transformation of global energy as its goal, Sinopec is committed to leading the future of energy and chemical industry with innovation, shouldering its responsibilities to refuel for a better life, and working with all stakeholders to build a better life. var write_html = `