[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. [19] Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002. More for REPSOL SINOPEC RESOURCES UK LIMITED (00825828) Filter by category Show filing type. Trading and investing carries a high risk of losing money rapidly due to leverage. 17 Dec 2012, 01 Sep 1989 - [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. [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. Headquarters China Address No. [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. Why? The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more. Sinopec is headquartered in Beijing, China. Annual Report 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. We use cookies to make our services work and collect analytics information. [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. 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). 100728, SINOPEC Shanghai Offshore Petroleum Company, SINOPEC Pipeline Storage & Transportation Company, SINOPEC Pipeline Transport & Storage Company, SINOPEC Zhenhai Refining & Chemical Company, SINOPEC Hubei Chemical Fertilizer Company. "This is a first step which allows launching the detailed engineering and procurement activities before the final approval by the Partners. 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. 12 Jan '23 News Addax Petroleum was an international gas and oil production and exploration company mainly focused on the Middle East, the North Sea and Africa. Save to read list Under the contract China, for the first time, bought Gabonese crude oil. 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. 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. 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. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. We work in production and exploration fields as important as Shaw and Cayley, making us an important player in the development of the region. Repsol Sinopec Resources UK Limited is a joint venture between Repsol and Sinopec. Read more BASF's UK headquarters in Stockport. 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. 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. 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. The deal was granted regulatory approval from the Canadian government on 25 June 2010. [18], In February 2007, Saudi Aramco and Exxon signed a deal with Sinopec to revamp the Fujian oil refinery and triple its capacity to 240,000 barrels per day (38,000m3/d) by 2009. Widnes Nematode production in Littlehampton. 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. Founded in 1995, UNIPEC is China's largest trading company and has established business. 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. [24] Daylight was renamed Sinopec Daylight Energy Ltd. after it was taken over in December 2011. 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. Legal Notice - Privacy statement - Cookie policy - Sitemap. The cost of the construction is to amount to 3 billion yuan (US$470 million), and the plant will provide an annual production of 20,000 tons which will be supplied to Sinopec's Tahe refinery and production is to begin by June 2023. Repsol Sinopec Resources UK is an oil and gas exploration and production company operating in the North Sea. Its business mainly covers. [17], In June 2013, Sinopec agreed to acquire Marathon Oil Corp's Angolan offshore oil and gas field for $1.52 billion. Sinopec Zhongyuan Petrochemical Corp. Ltd. To accept or reject analytics cookies, turn on JavaScript in your browser settings and reload this page. 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 Bletchley 4. 31 December 2021, Next statement date 16 February 2024 Its activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. Next accounts made up to 31 December 2022 On 17 December 2012 Talisman Energy UK announced Sinopec has invested $1.5 billion in a 49 percent stake of Talisman's North Sea properties. The company was simultaneously listed in Hong Kong, New York, and London in October 2000. In 2022, we delivered what we promised. more Sinopec Corp China Petroleum & Chemical Corporation is a vertically integrated energy & chemical company that is engaged in oil & gas exploration and production. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Unipecs staff working in London were asked to stay home until more is known as a precaution, the source told Reuters. [8] Sinopec is the largest oil refiner in Asia by annual volume processed. 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. Alfreton 2. [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). Its territory includes the island of Great Britain, the northeast of the island of Ireland, and small neighboring islands. It took at least three attempts and two weeks for the company to seal the leak. Oilfield Technologys first issue of 2021 begins with a look at US tight oils prospects this year. Petrodar's operations represent a major increase in overall Sudanese oil production. We use some essential cookies to make our services work. The other two DR200 and GT2000 - are around 100 kilometres (62mi) northeast of Port Gentil, according to the Gabonese oil ministry. Start Trading CFDs Over 2,200 Different Instruments, Goldman Sees Oil Price Spike In 2024 As Spare Capacity Runs Thin. [9], In August 2013, Sinopec acquired a 33% stake in Apache Corporations oil and gas business in Egypt for $3.1 billion. 04 Jul 2016, 13 Jan 1995 - Chen Aizhu. 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. 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. The rebels, the Ogaden National Liberation Front (ONLF), later released the seven abductees and warned foreign companies against working in the area. In August 2005, Petrodar commenced production of oil in blocks 3 and 7 in South-east Sudan. [38], China's top environmental watchdog warned Sinopec in 2007 to stop operations at one of its oil fields due to chronic river pollution. . 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. 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 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. Get Started Today Ready to start working with Sojern? var write_html = `