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One of the three blocks, LT2000, is some 200 kilometers (120mi) southeast of Gabon's economic hub, Port Gentil, which lies south of the capital, Libreville, on the Atlantic coast. 30 September 2023, Last accounts made up to Register for free For full functionality of this site it is necessary to enable JavaScript. 12,380 people were evacuated after the leakage occurred. China Petroleum & Chemical Corp (Sinopec) said on Monday that it plans to delist from London Stock Exchange, with market observers saying that other mainland Chinese companies could exit. Why? We work in production and exploration fields as important as Shaw and Cayley, making us an important player in the development of the region. This is the second such work from home request from an oil firm in two weeks, after U.S. supermajor Chevron told last week its 300 employees in Londons Canary Wharf business district to work from home after an employee reported flu symptoms after returning from a trip. Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Its territory includes the island of Great Britain, the northeast of the island of Ireland, and small neighboring islands. We have established a dedicated, integrated team focused on late life optimisation and executing decommissioning, as one. The rebels, the Ogaden National Liberation Front (ONLF), later released the seven abductees and warned foreign companies against working in the area. [13] Sinopec Corporation is a partner in Petrodar Operating Company Ltd., a consortium whose partners also include China National Petroleum Corporation (CNPC, the 90 per cent owner of PetroChina) and Sudapet (the Sudanese state-owned oil company), among others. [5] Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals. "China Sinopec tenders to sell up to 45 LNG cargoes for 2022". A Shanghai listing was completed in June 2001. 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. 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. 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). [8] Sinopec is the largest oil refiner in Asia by annual volume processed. due by 1 March 2024, for REPSOL SINOPEC RESOURCES UK LIMITED (00825828), Companies House does not verify the accuracy of the information filed, 17 Dec 2012 - This project includes the development of two new fields (Shaw and Cayley, the latter started up in 2017), for which a BLP production platform was installed, connected to the Montrose Alpha platform. Read more TOP . 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. China Petroleum & Chemical Corporation () or Sinopec (simplified Chinese: ; traditional Chinese: ; pinyin: Zhnggu Shhu), is a Chinese oil and gas enterprise based in Beijing. Petrodar's operations represent a major increase in overall Sudanese oil production. 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. TALISMAN SINOPEC ENERGY UK LIMITED 17 Dec 2012 - 04 Jul 2016 TALISMAN ENERGY (UK) LIMITED 13 Jan 1995 - 17 Dec 2012 . Address: 22 Chaoyangmen North Street, Chaoyang District, Beijing, China Postcode: The company was simultaneously listed in Hong Kong, New York, and London in October 2000. Watch our Core Values video where our employees talk about what the values mean to them, and how they take responsibility for living these values every day. This is in addition to other exploration projects currently being embarked upon both in Rivers and Akwa Ibom States. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The bank is considering a new . 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. Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon. The authorities in the UK advise returning travelers to self-isolate and avoid contact with other people if they had recently traveled to China and other countries in Asia to northern Italy or to Iran. Repsol Sinopec Resources UK is an oil and gas exploration and production company operating in the North Sea. A consortium of a subsidiary of McDermott International, Ltd and Sinopec International Petroleum Service Corp. has received a conditional Letter of Award for the future contract valued at approximately US$2 billion from TotalEnergies for the Tilenga project. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. Liberty Industrial Ltd has been awarded contract for the decontamination, demolition and site remediation of Nigg Oil Terminal. Boesch, and other international experts, have suggested that Sinopec use other methods such as horizontal drilling to minimize its environmental footprint. And it co Electricity supply will derive from a wind farm of 1.7 gigawatts (GW) and a solar farm of 804 megawatts (MW). [38], China's top environmental watchdog warned Sinopec in 2007 to stop operations at one of its oil fields due to chronic river pollution. 04 Jul 2016, 13 Jan 1995 - Petro-CyberWorks Information Technology Co., Ltd. Headquartered in Beijing, UNIPEC is a wholly-owned subsidiary of China petroleum & Chemical Corporation (Sinopec) and is china's largest international trade company. Anna Hirtenstein and Benoit Faucon. Published by Nicholas Woodroof, Its business mainly covers. [9], In August 2013, Sinopec acquired a 33% stake in Apache Corporations oil and gas business in Egypt for $3.1 billion. [22] While largely welcomed by industry, Sinopec's Syncrude stake has raised concerns about the influence the Chinese government may try to exert on Canadian policy makers. Is The Price Cap On Russian Crude Working? Read more BASF's UK headquarters in Stockport. Sinopec Group Corporate Headquarters, Office Locations and Addresses | Craft.co 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. Discover our net zero emissions commitment. [45], Zhnggu Shyu Hugng Gfn Yuxin Gngs, Globe and Mail, Report on Business p.B3, 2 August 2013. Press Inquiries Want to learn more about Sojern? more Sinopec Corp China Petroleum & Chemical Corporation is a vertically integrated energy & chemical company that is engaged in oil & gas exploration and production. [35] Primatology professor Christophe Boesch of the US-based environmental organization, the Wildlife Conservation Society (WCS), criticized the use of dynamite and heavy machinery in exploration and road construction by Sinopec through park, noting that it might drive native gorillas deeper into the jungle, where they would be outside legal restrictions on hunting. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. [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. (6 April 2022). SINOPEC was the the second largest company on the Global Fortune 500 list in 2020 based on revenues. The London office of Unipec has around 70 employees, including 11 traders, according to Bloomberg, which quotes a Companies House filing. Our primary concern is the health and safety of our employees, it added. [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. 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. Joining Hands, Sharing Value! 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 . Choose our premium Central London office at 167-169 Great Portland Street, W1. 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SINOPEC Fujian Refining & Chemical Co., Ltd. Sinopec SenMei (Fujian) Petroleum Company Limited. "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. Sinopec produces around 1/4 as much raw crude oil as PetroChina, but produces 60% more refined products per annum. (hereinafter referred to as SINOPEC). Aramco, Exxon and Sinopec also signed contracts for a fuel marketing venture that will manage 750 service stations and a network of terminals in Fujian province. 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 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. 74-89% of retail investor accounts lose money. The other two DR200 and GT2000 - are around 100 kilometres (62mi) northeast of Port Gentil, according to the Gabonese oil ministry. 12 Jan '23 News Sinopec has 4 employees across 58 locations and 2.42 t in annual revenue in FY 2021. He was relieved of post in 2007. [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]. [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). [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.[6][7]. [12], In November 2005, Sinopec Group announced plans to partner with CNPC to purchase an oil field in Sudan, and has reportedly indicated an interest in expanding its business in Sudan. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. Equinor to acquire equity interest in five North Sea discoveries, McDermott, Sinopec consortium land EPCC contract for TotalEnergies' Tilenga project. Upstream project news 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. if(window.innerWidth<=1023){var write_html='