instructions how to enable JavaScript in your web browser. Please sign in or register for free. [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'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. You've accepted analytics cookies. Work began in 2Q21 and first oil is expected in 2025. [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. (1 June 2022). Over the past year, Sinopec has continuously intensified exploration activities and reaped top ten discoveries, adding 202 million tonnes of proven oil reserves and 278.6 BCM of proven natural gas reserves, delivering far beyond the annual target of the 7-year action plan and playing its role in ensuring national energy supply. We aim to maximise returns from our late life assets, safely. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. Based in Aberdeen, Scotland, we have interests in 48 fields, of which we operate 38, on the UK Continental Shelf with 11 offshore installations and two onshore terminals. 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. Nobody replied to a message left on a voicemail at Unipec's office in London. It is listed in Hong Kong and also trades in Shanghai. SINOPEC Fujian Refining & Chemical Co., Ltd. Sinopec SenMei (Fujian) Petroleum Company Limited. Addax Petroleum was established in 1994 and since August 2009, has been a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China, the biggest oil refiner in Asia and the third largest worldwide. Copyright China Petrochemical Corporation. And it co Email: enquiries@oilfieldtechnology.com. [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. Addax Petroleum was an international gas and oil production and exploration company mainly focused on the Middle East, the North Sea and Africa. Its territory includes the island of Great Britain, the northeast of the island of Ireland, and small neighboring islands. This content is available to registered readers of our magazine only. Employees were asked to stay home until more is known as a precaution, the source said. LONDON (Reuters) - London employees at Unipec, the trading arm of China's state oil firm Sinopec, have been told to work from home after an employee exhibited coronavirus-like symptoms, a. [30], China's imports of U.S. natural gas will more than double. China Petroleum & Chemical (Sinopec) is a core subsidiary of China Petrochemical, or Sinopec Group. The bank is considering a new . Sinopec Group Annual Report Sinopec Corp. 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. 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. In the Chinese New Year of Rabbit, welcome to the thousand-year-old Langzhong, the cradle of the Spring Festival culture in Chinas Sichuan Province. See here for a complete list of exchanges and delays. 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. (hereinafter referred to as SINOPEC). 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. Chen Aizhu. Register for free Next accounts made up to 31 December 2022 document.write(write_html); "This is a momentous and essential project for Uganda for the development of its national companies and citizensand as we continue to grow our footprint in Africa, we are committed to expanding local content opportunities in the communities in which we operate.". var write_html = `