Please sign in or register for free. [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. All quotes delayed a minimum of 15 minutes. [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. We use cookies to make our services work and collect analytics information. SINOPEC Zhongyuan Petrochemical Corp. Ltd. SINOPEC Zhanjiang Dongxing Petrochemical Company Limited, SINOPEC Shijiazhuang Refining & Chemical Company, Sinopec Refinery Product Sales Company Limited, Sinopec Yizheng Chemical Fibre Company Limited, Sinopec Yangzi Petrochemical Company Limited, Sinopec Chemical Commercial Holding Company Limited. 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. instructions how to enable JavaScript in your web browser. 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. Oilfield Technologys first issue of 2021 begins with a look at US tight oils prospects this year. 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. Our primary concern is the health and safety of our employees, it added. Petroleum Engineering Technology Services, Refining and Chemical Engineering Services, Have a look at Sinopec's performance in 2021, Clean Energy "Fueling" Olympic Winter Games Beijing 2022, Accelerating Hydrogen Power Development and Advancing Utilization of Clean and Efficient Energies, Launching Researches on Peak Carbon Dioxide Emission and Carbon, Reform of Science and Technology System and Mechanism, Major Technology Development and Commercialization, Exploration technology for marine sedimentation, 22 Chaoyangmen North Street, Chaoyang District, Beijing, China. It arose from the acquisition, in 2015, by Repsol, of the global assets of the former Talisman Energy Inc, including its 51% equity interest in the joint venture, previously called Talisman Sinopec Energy UK. The company held a promotion conference for compliance management and fully initiated compliance management. Our goal is to create a working environment such that we cause no harm to people, and where we minimise our impact on the environment. 31 December 2021, Next statement date 16 February 2024 China Petroleum & Chemical (Sinopec) is a core subsidiary of China Petrochemical, or Sinopec Group. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more. SNOW will hit the UK in days with temperatures plunging to 1C, the Met Office warned. [24] Daylight was renamed Sinopec Daylight Energy Ltd. after it was taken over in December 2011. Please read carefully the following terms Technical support : Pcitc information technology Co., LTD. Copyright China Petrochemical Corporation, Petroleum Engineering Technology Services, Refining and Chemical Engineering Services, 22 Chaoyangmen North Street, Chaoyang District, Beijing, China. 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. [29] In January 2022 they offered to re-sell LNG to take advantage of high Asian spot prices. Here are the [15], In August 2009, Sinopec completed a takeover of Geneva-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. "Exclusive: China state refiners shun new Russian oil trades, teapots fly under radar". Address: 22 Chaoyangmen North Street, Chaoyang District, Beijing, China Postcode: 100728 Scotland reported its first case of coronavirus on Monday, while Public Health England (PHE) said that widespread transmission of the infection in the UK was highly likely.. Oil & gas news. Three onshore fields were to be explored. Reporting by Julia Payne; Editing by Alison Williams and Mark Potter. [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. Northern Ireland shares a border with the Republic of Ireland. You can change your cookie settings at any time. Read more BASF's UK headquarters in Stockport. }. Great Britain is bordered to the north and west by the Atlantic Ocean, to the east by the North Sea, to the south by the English Channel, and to the west by the Irish Sea. Sinopec has 4 employees across 58 locations and 2.42 t in annual revenue in FY 2021. Zhongyuan Oilfields Petrochemical Company, a unit of Sinopec, had failed to meet waste water treatment requirements and had been ordered to pay a pollution fine and operations had to be halted, according to the State Environmental Protection Administration (SEPA). 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]. 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. Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group (Sinopec Group) in February 2000. The company was simultaneously listed in Hong Kong, New York, and London in October 2000. You've accepted analytics cookies. 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. Choose our premium Central London office at 167-169 Great Portland Street, W1. In August 2005, Petrodar commenced production of oil in blocks 3 and 7 in South-east Sudan. Published by Nicholas Woodroof, (hereinafter referred to as SINOPEC). Construction on the Ulanqab project is slated to start construction in December 2023, with completion scheduled for June 2027. Company status Active Company type . Any trading and execution of orders mentioned on this website is carried out by and through OPCMarkets. 04 Jul 2016, 13 Jan 1995 - Are you familiar with our STEM initiatives? [10] Discover our net zero emissions commitment. +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. [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. Luis Polo has been appointed Chief Executive Officer, Repsol Sinopec Resources UK Limited, effective 1 March 2023. It is listed in Hong Kong and also trades in Shanghai. - Development Planning Dept. 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. During his African visit that year Chinese President Hu Jintao signed a series of bilateral trade accords with his Gabonese counterpart Omar Bongo, including a "memorandum of agreement aimed at showing the parties' desire to develop exploration, exploitation, refining and export activities of oil products". 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. Registered office address Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL . Bradford 3. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. It took at least three attempts and two weeks for the company to seal the leak. Woolpit Production 1. To produce sustainable oil and gas that provides energy security and creates value whilst driving progress and prosperity in society News Luis Polo Appointed Repsol Sinopec CEO Luis Polo has been appointed Chief Executive Officer, Repsol Sinopec Resources UK Limited, effective 1 March 2023. (Office of the Leading PartyMember Group) - Party Affairs & Employee Relations Dept. 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. Brits are braced for chilly weather after the forecaster predicted more wintry conditions this month. Its activities in Gabon's national parks were suspended in September 2006, by the Gabonese national parks council. Legal Notice - Privacy statement - Cookie policy - Sitemap. 12,380 people were evacuated after the leakage occurred. The London office of Unipec has around 70 employees, including 11 traders, according to Bloomberg, which quotes a Companies House filing. [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]. Sinopec released the top 10 oil and gas exploration achievements in 2022. 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. Why? We are present in the United Kingdom with our Upstream businesses. 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. Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon. The Site, Services and Content (defined below) may be changed or updated from time to time without notice. Petrodar's operations represent a major increase in overall Sudanese oil production. See here for a complete list of exchanges and delays. Email: enquiries@oilfieldtechnology.com. Contact the PR Team at press@sojern.com Partner With Us We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. The Site and Services are owned and operated by or on behalf of Repsol Sinopec Resources UK, Company No 00825828, Registered Office Suite 1, 3rd Floor , 11-12 St. James's Square , London, SW1Y 4LB ("Repsol Sinopec Resources UK Limited"). Chen Aizhu. In 2023, we will, as always, do our best to make it possible. 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. The U.S. oil giant is working on a plan to have the staff return to work from office, it said two days ago. 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. China Petroleum & Chemical Corporation () or Sinopec (simplified Chinese: ; traditional Chinese: ; pinyin: Zhnggu Shhu), is a Chinese oil and gas enterprise based in Beijing. 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. [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. 2022 they offered to re-sell LNG to take advantage of high Asian spot prices the top 10 oil gas! 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