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sinopec

A collection of 2 posts
Sinopec's New Plan to cut 1m tons carbon emissions per year
carbon capture

Sinopec's New Plan to cut 1m tons carbon emissions per year

BEIJING, Jan. 31, 2022 — China Petroleum & Chemical Corporation (HKG: 0386, Sinopec) has completed the construction of China’s first megaton carbon capture, utilization and storage (CCUS) project, the Qilu-Shengli Oilfield CCUS on January 29. It will reduce carbon emission by 1 million tons per year, the equivalent of planting
31 Jan 2022 3 min read
Major Strategic Breakthrough for Sinopec's Shale Oil With 350 Million Tons of Reserves
shale oil

Major Strategic Breakthrough for Sinopec's Shale Oil With 350 Million Tons of Reserves

BEIJING, Dec. 16, 2021 /PRNewswire/ — China Petroleum & Chemical Corporation’s (HKG: 0386, “Sinopec”) has reported another strategic breakthrough of shale oil exploration. This time, its subsidiary Sinopec East China Petroleum Bureau has recorded high-yield shale oil flow in three prospecting wells in Subei Basin. Among these, the Qinye 1HF
17 Dec 2021 2 min read
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