Read more TOP . [23], In October 2011, the company offered C$2.2 billion ($2.1 billion) to acquire Canadian oil and gas firm Daylight Energy. 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. Email: [email protected]. [45], Zhnggu Shyu Hugng Gfn Yuxin Gngs, Globe and Mail, Report on Business p.B3, 2 August 2013. Start Trading CFDs Over 2,200 Different Instruments, Goldman Sees Oil Price Spike In 2024 As Spare Capacity Runs Thin. 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. 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Sinopec Group Corporate Headquarters, Office Locations and Addresses | Craft.co Russias Oil Production Rises Ahead Of OPEC+ Meeting, Putin Hints Russia May Participate In Newest Round Of OPEC Cuts, Markets Unfazed By $100 Billion Saudi Shale Plan. [24] Daylight was renamed Sinopec Daylight Energy Ltd. after it was taken over in December 2011. The rebels, the Ogaden National Liberation Front (ONLF), later released the seven abductees and warned foreign companies against working in the area. 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 The Site, Services and Content (defined below) may be changed or updated from time to time without notice. Chinese Foreign Ministry spokesperson Liu Jianchao says that China strongly condemns the violent attack carried out by Somalian insurgents on the premises of the oil company Sinopec in Ethiopia. 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. articles a month for anyone to read, even non-subscribers! 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]. In the future, we are committed to closer and multi-aspect collaborations in KSA and contributing to Saudi Vision 2030. About Sinopec Group China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, esta blished by the state in July 1998 on the basis of the former China Petrochemical Corporation. "This important step further strengthens years of successful collaboration with TotalEnergies on a wide portfolio of world-class projects in the Offshore, Petrochemicals and LNG segmentswhere TotalEnergies is a major stakeholder," said Samik Mukherjee, McDermott's Group Senior Vice President for Projects. Petro-CyberWorks Information Technology Co., Ltd. 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. This Website is constructed by China Petrochemical Corporation. Save to read list Construction on the Ulanqab project is slated to start construction in December 2023, with completion scheduled for June 2027. Over the past 21 years, Sinopec has been contributed to the economic growth and well-being in Saudi Arabia. (1 June 2022). 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. This content is available to registered readers of our magazine only. [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. SNOW will hit the UK in days with temperatures plunging to 1C, the Met Office warned. +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. 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. In March 2013, China Petroleum and Chemical Corp agreed to pay $1.5 billion for Sinopec Group's overseas oil and gas-producing assets. For full functionality of this site it is necessary to enable JavaScript. Next accounts made up to 31 December 2022 Individuals should consider whether they can afford the risks associated to trading. more Company Report Third Quarterly Report for 2022 Download Interim Report 2022 Download Annual Report 2021 Download 2021 Sinopec Corp. Sustaina.. Download Hot Topics Unipec is the trading arm of China. The United Kingdom's electricity supply mainly comes from fossil fuels like coal and oil. Unipecs staff working in London were asked to stay home until more is known as a precaution, the source told Reuters. This documentary-style series follows investigative journalists as they uncover the truth. See insights on Sinopec including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. TALISMAN SINOPEC ENERGY UK LIMITED 17 Dec 2012 - 04 Jul 2016 TALISMAN ENERGY (UK) LIMITED 13 Jan 1995 - 17 Dec 2012 . 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. [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. 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. Registered office address Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL . 04 Jul 2016, 13 Jan 1995 - DALIAN, China, Feb. 16, 2023 China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") officially launched China's first , BEIJING, Jan. 16, 2023 Sinopec published the "The Sinopec Green and Low-carbon Development White Paper 2022" (the "White Paper") on . Oilfield Technology, instructions how to enable JavaScript in your web browser. [11], Sinopec signed an evaluation deal with Gabon in 2004. Sinopec said it had no plans to pull out of the resource-rich region despite the attack. Founded in 1995, UNIPEC is China's largest trading company and has established business. [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. [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. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. Its activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. Sinopec is also looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone. Also they are presently executing an oil/gas project in STUBB CREEK region in Akwa Ibom Southern Nigeria that is capable of producing about 10,000 barrels of oil/day. Are you familiar with our STEM initiatives? Nobody replied to a message left on a voicemail at Unipec's office in London. All quotes delayed a minimum of 15 minutes. 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. Shortly thereafter, Sinopec resumed production with more environmentally friendly methods. Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. See here for a complete list of exchanges and delays. Sinopec Group is the largest oil and petrochemical products suppliers and the second largest oil and gas producer in China,. [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. [32], Unipec, a subsidiary of Sinopec, is an intermediary for banned Russian oil. [41], In November 2021, construction of a green hydrogen plant in Kuqa city began. [19] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. 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. China Petroleum & Chemical (Sinopec) is a core subsidiary of China Petrochemical, or Sinopec Group. "Russian Oil Producers Stay One Step Ahead of Sanctions". 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. [15], In August 2009, Sinopec completed a takeover of Geneva-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. Ruth Kent, a Chevron spokeswoman in London, also declined to comment. Reporting by Julia Payne; Editing by Alison Williams and Mark Potter. Sinopec is one of the world's. (6 April 2022). [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. [42] The project will also be powered by a 1000-megawatt solar power station.[43]. SINOPEC Fujian Refining & Chemical Co., Ltd. Sinopec SenMei (Fujian) Petroleum Company Limited. Address: 22 Chaoyangmen North Street, Chaoyang District, Beijing, China Postcode: Pledges Additional $2 Billion In Security Assistance To Ukraine, Three Fires At Pemex Facilities In One Day, Russia Says Europe Will Struggle To Replace Its Oil Products, "Natural Gas Price Fundamental Daily Forecast Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas, 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers. "Exclusive: China state refiners shun new Russian oil trades, teapots fly under radar". Oil & gas news. [44], The former head of the companies board of directors Chen Tonghai was sentenced to death in July 2009 after beeing accused of corruption. 12 Jan '23 News Littlehampton 6. Also included in the plans are a storage tank as well as a pipeline network. 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. You've accepted analytics cookies. 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