Unipec, the oil trading unit of Asias largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like symptoms, a source with knowledge of the matter told Reuters on Monday. You can change your cookie settings at any time. 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. Lets dive into the vibes of the Chinese New Year and embrace a new chapter in our life. TALISMAN SINOPEC ENERGY UK LIMITED 17 Dec 2012 - 04 Jul 2016 TALISMAN ENERGY (UK) LIMITED 13 Jan 1995 - 17 Dec 2012 . Annual Report In the Chinese New Year of Rabbit, welcome to the thousand-year-old Langzhong, the cradle of the Spring Festival culture in Chinas Sichuan Province. The other two DR200 and GT2000 - are around 100 kilometres (62mi) northeast of Port Gentil, according to the Gabonese oil ministry. Sinopec is also looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone. It also produces ethanol and several biofuels such as biodiesel and green jet fuel, from waste vegetable oil.[6][7]. This is in addition to other exploration projects currently being embarked upon both in Rivers and Akwa Ibom States. Tilenga includes six oilfields and will feature 426 oil wells at full production. Headquarters China Address No. In 2023, we will, as always, do our best to make it possible. The company was simultaneously listed in Hong Kong, New York, and London in October 2000. Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon. Unipecs staff working in London were asked to stay home until more is known as a precaution, the source told Reuters. (6 April 2022). Legal Notice - Privacy statement - Cookie policy - Sitemap. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more. [15], In August 2009, Sinopec completed a takeover of Geneva-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. For the first time, the company released Sinopec Handbook of Integrity and Compliance Management . China petrochemical identification by chaoyang graphics, Chinese referred to as and English referred to as (SINOPEC) is composed of three parts. The Tilenga project is located in the Lake Albert Basin, Republic of Uganda and is the centrepiece of oil projects projected to bring investments of over US$10 billion to Uganda and Tanzania. 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. Bletchley 4. 30 September 2023, Last accounts made up to 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. [36] Gabonese law states that industries can extract oil from national parks, but must rehabilitate them to the prior condition. China Petrochemical Technology Company, Ltd. China Petrochemical International Co., Ltd.(SINOPEC Intl Co., Ltd.), SINOPEC Exploration & Production Research Institute, SINOPEC Research Institute of Petroleum Processing, SINOPEC Fushun Research Institute of Petroleum and Petrochemicals, SINOPEC Shanghai Research Institute of Petrochemical Technology, SINOPEC Qingdao Safety Engineering Institute, SINOPEC Research Institute of Petroleum Engineering. Headquartered in Beijing, UNIPEC is a wholly-owned subsidiary of China petroleum & Chemical Corporation (Sinopec) and is china's largest international trade company. 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". }. [44], The former head of the companies board of directors Chen Tonghai was sentenced to death in July 2009 after beeing accused of corruption. Based in Aberdeen, Scotland, we have interests in 48 fields, of which we operate 38, on the UK Continental Shelf with 11 offshore installations and two onshore terminals. 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. Over the past 21 years, Sinopec has been contributed to the economic growth and well-being in Saudi Arabia. In March 2013, China Petroleum and Chemical Corp agreed to pay $1.5 billion for Sinopec Group's overseas oil and gas-producing assets. Given its legacy asset base from Sinopec Group, analysts have categorized it as a more downstream oil player than PetroChina. Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. Choose our premium Central London office at 167-169 Great Portland Street, W1. 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. In Ordos city, inner Mongolia, 430Mio $ are be invested in a 400MW windfarm, for the production of 20,000 tons of green hydrogen per year. 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. Sinopec is headquartered in Beijing, China. Embed article link: (copy the HTML code below): This article has been tagged under the following: Upstream news The consortium will provide engineering, procurement, construction and commissioning (EPCC) services for the development of an onshore oilfield that will generate up to 200 000 bpd. (19 January 2022). 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. Work began in 2Q21 and first oil is expected in 2025. [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. Published by Nicholas Woodroof, [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. Funded by the State, it is a State authorized investment arm and State-owned controlling company. [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. 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. We use cookies to make our services work and collect analytics information. . 12 Jan '23 News 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. Preparation Work Scopes Decommissioning Programme. It took at least three attempts and two weeks for the company to seal the leak. 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. 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 Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. [39], Guangdong Provincial Environment Bureau (GPEB) had also issued a red sign warning to 19 companies, including Sinopec Guangzhou, in February 2008. 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(1 June 2022). 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]. Reporting by Julia Payne; Editing by Alison Williams and Mark Potter. [31] In March 2022, a memorandum of understanding was signed between Sinopec and Aramco to strengthen the already existing ties between the companies and to improve their downstream operations. You can change your cookie settings at any time. We use some essential cookies to make our services work. 17 Dec 2012, 01 Sep 1989 - Widnes Nematode production in Littlehampton. See insights on Sinopec including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 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 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. Save to read list Joining Hands, Sharing Value! Is The Price Cap On Russian Crude Working? 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. While the country is set to . The deal was granted regulatory approval from the Canadian government on 25 June 2010. 31 December 2021, Next statement date 16 February 2024 "Russian Oil Producers Stay One Step Ahead of Sanctions". For full functionality of this site it is necessary to enable JavaScript. 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. 22 Chaoyangmen North Avenue, Chaoyang District, Beijing, 100728 Website www.sinopec.com Telephone 86 10 59960028 No of Employees 385,691 Industry Energy and Utilities Ticker Symbol & Exchange 600028 (SHA) Revenue (2022) $424.9B 30.2% (2022 vs 2021) EPS XYZ 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. The parent falls under the purview of China's State Council. more Company Report Third Quarterly Report for 2022 Download Interim Report 2022 Download Annual Report 2021 Download 2021 Sinopec Corp. Sustaina.. Download Hot Topics China International United Petroleum & Chemical Co., the nations largest oil trading company, hired two traders of West African crude to work at its London office, said two people with knowledge of the appointments. Equinor to acquire equity interest in five North Sea discoveries, McDermott, Sinopec consortium land EPCC contract for TotalEnergies' Tilenga project. Are you familiar with our STEM initiatives? Petro-CyberWorks Information Technology Co., Ltd. Employees were asked to stay home until more is known as a precaution, the source said. Source said and State-owned controlling company list Joining Hands, Sharing Value latest issue of Technology! Site it is a State authorized investment arm and State-owned controlling company Year embrace., and London in October 2000, executives, subsidiaries and more at Craft such as ERHC Energy which multiple. 167-169 Great Portland Street, chaoyang District, Beijing, China Post code: 100728 it... 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