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. due by 12 Jan '23 News Registered office address Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL . Oilfield Technologys first issue of 2021 begins with a look at US tight oils prospects this year. Why? Sinopec Limited's parent, Sinopec Group, is the world's largest oil refining, gas and petrochemical conglomerate, headquartered in Chaoyang District, Beijing. [25], On 11 November 2011 Sinopec announced that the company will invest $5.2 billion in buying a 30 percent stake in the Brazilian unit of Galp Energia SGPS SA which discovered biggest reserved in the western hemisphere since 1976.[26]. Given its legacy asset base from Sinopec Group, analysts have categorized it as a more downstream oil player than PetroChina. It took at least three attempts and two weeks for the company to seal the leak. [9], In August 2013, Sinopec acquired a 33% stake in Apache Corporations oil and gas business in Egypt for $3.1 billion. Discover our net zero emissions commitment. [17], In June 2013, Sinopec agreed to acquire Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion. 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 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. 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). Please read carefully the following terms Technical support : Pcitc information technology Co., LTD. Copyright China Petrochemical Corporation, Address : 22 Chaoyangmen North Street, Chaoyang District, Beijing, China Post code : 100728. Joining Hands, Sharing Value! 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. Contact tech support. Founded in 1995, UNIPEC is China's largest trading company and has established business. "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. Email: enquiries@oilfieldtechnology.com. [19] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. 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. Is The Price Cap On Russian Crude Working? Sinopec is one of the world's. [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. The UK is set to have another cloudy day with some showers in a few pockets on the first day of March as the Met Office forecasted a spell of wintry weather this month. The bank is considering a new . instructions how to enable JavaScript in your web browser. if(window.innerWidth<=1023){var write_html='