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5 days ago · Sinopec provides geothermal heating to Xiongxian County of Hebei Province in winter to make it the first smokeless city in China, and has completed drilling Fushenre-1 Well in Hainan, China’s deepest geothermal exploration well reaching a subterranean depth of over 5,000 meters.
5 days ago · humphery/Shutterstock. China’s two largest refiners, Sinopec and PetroChina, have reported steep declines in refining output as domestic oil demand weakened further in the third quarter. Lower refining and chemicals demand contributed to a sharp drop in Sinopec’s third-quarter profit to 8.03 billion yuan ($1.13 billion) from a year ago.
5 days ago · Sinopec’s key Shengli oilfield, which makes up close to 70% of the group’s domestic oil reserves in 2023, is maturing and it is a higher-cost producer of oil and gas than its peers. This is ...
4 days ago · By tapping into this energy source, Sinopec is leveraging China's geothermal potential, particularly in regions rich in geothermal resources, reducing reliance on fossil fuels.
4 days ago · The project is expected to reduce carbon dioxide emissions by 485,000 tons each year and help further facilitate China's efforts to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, said the domestic oil giant, also known as Sinopec, the world's top refiner by capacity.
3 days ago · The China Petrochemical Corporation (Sinopec Group), the country's largest oil refiner, said on Tuesday that it started the construction of a 20,000 tonnes-per-year green hydrogen plant in Northwest China's Xinjiang Uygur autonomous region.
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5 days ago · China reforms its unloved state-owned enterprises to win back investors. Latest China Petroleum & Chemical Corp (386:HKG) share price with interactive charts, historical prices, comparative...
