Petrochemical Machinery Independently Developed the World's First New Acid Distribution Vehicle
The thickened acid continuous acid distribution vehicle independently developed by petrochemical machinery has completed the industrial test of 4-day continuous acid distribution operation in a platform well in the southwest. The acid quality is qualified, the equipment performance is stable.China Petrochemical Tech 2022-07-06
Nitrogen Used by Guangzhou Petrochemical Decreased by 9% YOY
2022Q1 the total amount of nitrogen used by Guangzhou Petrochemical decreased by 9% year-on-year, with an annual effect of more than 7.5 million yuan.
Liaoyang Petrochemical Company Maximizes Steam Efficiency
Liaoyang Petrochemical set up an optimization team to continuously find the invalid heat tracing range and reduce the invalid output on the basis of shutting down the 8310m heat tracing pipeline. Professional technicians have formulated the temperature, room temperature and water supply temperature curves to ensure that the heating temperature is controlled within a reasonable range.In order to reduce heat loss and improve steam supply quality, the optimization team continued to carry out special rectification of thermal insulation.
Jinxi Petrochemical Ultra Low Emission Environmental Protection and Efficiency Enhancement
Employees of Jinxi Petrochemical Thermal Power Company are inspecting the boiler soot blowing device of ultra-low flue gas emission project. Up to now, the project has achieved ultra-low flue gas emission, long-term and stable operation, reduced maintenance costs, reduced operation costs.
Buried Capacity of Carbon Dioxide in Shengli Oilfield Reaches 2 Billion tons
The main battlefield of exploration and development of Shengli Oilfield is located in the hinterland of the Yellow River Delta. As a central energy enterprise rooted in the Yellow River, Shengli Oilfield adheres to the overall coordination of "double carbon goal" and "accelerating development", and vigorously promotes the development of energy conservation and emission reduction, new energy, CCS (carbon capture and storage) and CCUs (carbon capture, utilization and storage) industries. So far, 87 new energy projects have been put into operation, with a green energy substitution rate of 5%.
Sinopec Strives to Achieve "Carbon Neutrality" 10 Years Ahead of National Target
According to the deployment of the CPC Central Committee on the implementation of strategic restructuring of the petrochemical industry, China Petrochemical Corporation was reorganized and established on the basis of the former China Petrochemical Corporation.
Commencement of the First Batch of CCUS Projects in Xinjiang
On October 10, the centralized commencement ceremony of the first batch of carbon dioxide capture, storage and utilization projects in Xinjiang - CCUs carbon source plant of Bazhou Guanghe gas resources Co., Ltd. and carbon dioxide capture liquefaction project of Bazhou Dunhua Gas Engineering Technology Co., Ltd. was held in Korla City, marking a new step in optimizing energy structure and developing green circular economy.
What China’s 14th Five‑Year Plan Means for Investors
China recently unveiled its 14th five-year plan (FYP) to guide the country’s economic development over the coming five years, along with the blueprint for a long-term strategy that outlines its vision for 2035.
Zhang Yuzhuo named Chairman of Sinopec Group
Zhang Yuzhuo became Chairman and Secretary of Party Leadership Group of Sinopec Group, whose appointment was announced on January 17, 2020.Sinopec 2020-02-11
Energy China Forum 2020 Recruitment Notification - International Project Officer
Energy China Forum 2020 Recruitment Notification - International Project Officer, Shanghai ChinaEnergy China ForumDowntown, Huangpu District, Shanghai, ChinaFull-timeResponsibility:1. Responsible for international project promotion, including planning, publicity and copywriting;2. Organize or provide assistance to international industry summit, global conferences and other events;3. Responsible for daily communication, marketing, maintenance and following up with global energy institute, governments, associations and energy companies;4. Responsible for market research, including industry dynamChina Gas China Shale Oil China Oil CNPC China Shale Gas 2020-01-12
【ECF News】China oil giants signed over 80 billion USD during import EXPO
The 2nd China International Import Expo was held in Shanghai during Nov 5-10.More than 3,000 companies from more than 150 countries and regions participated in the exhibition.On November 6, the China Petroleum International Cooperation Forum and signing ceremony on the theme of “cooperative innovation and value creation” was held by CNPC in Shanghai. CNPC signed strategic cooperation agreements with SNAM and Schlumberger, and signed 21 procurement contracts with over 20 overseas suppliers including Kazakhstan Gas Transport, Saudi Aramco, Kuwait Petroleum, ABB, Schlumberger, Caterpillar, HoneywChina Shale Oil ECFShale China Shale Gas 2019-11-12
Chinese Oil Majors Backtrack On Pledge To Buy Iranian Oil
It was a question that just as recently as last week was still undecided. Would Beijing kowtow to Washington’s demand that it stop importing Iranian oil at the start of May after the 180-day import waiver period ended? The answer, at least for now, is that Beijing will comply.Oil majors Sinopec Group and CNPC, China’s two top oil refiners, are reportedly skipping purchases of Iranian oil for loading in May, Reuters reported on Friday, citing people familiar with the deal. On April 22, President Trump surprised oil markets when said he would end 180-day Iranian oil import waivers put in place iChina Oil Import 2019-05-13
What Explains China’s Thirst For Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the Kingdom that has secured term deals to grab more market share in the world’s top oil importing market.Hengli Petrochemical, a privately held refiner, has stepped up purchases of Saudi crude oil for April and May and is close to ramping up its new 400,000-bpd refinery to full capacity later this month, Reuters reported on Monday, citing ship-tracking data and officials at Hengli Petrochemical.The new Chinese refinery, which started trial runs at the end of last yeaChina Oil Import 2019-05-08
In a sleepy Louisiana town, two Chinese chemicals firms are being hit on multiple fronts by the trade war
US President Donald Trump’s trade war with China has thrown a spanner in the works of two Chinese chemicals companies spending billions of dollars building factories in the United States.Yuhuang Chemical was started in 1994 by a village branch of the Chinese Communist Party in Shandong Province, but in 2014, it raised some eyebrows when it announced plans to build a US$1.85 billion methanol plant in St James Parish, Louisiana.Last year, Wanhua Chemical, a listed company also from Shandong, followed suit with plans to build a US$1.25 billion plant in the same town in Louisiana, which has a popu2019-03-12
Saudi Arabia strikes $10 bln China deal, talks de-radicalisation with Xi
Saudi Crown Prince Mohammed bin Salman cemented a $10 billion deal for a refining and petrochemical complex in China on Friday, meeting Chinese President Xi Jinping who urged joint efforts to counter extremism and terror.The Saudi delegation, including top executives from state-owned oil company Saudi Aramco, arrived on Thursday on an Asia tour that has already seen the kingdom pledge investment of $20 billion in Pakistan and seek to make additional investments in India’s refining industry.Saudi Arabia signed 35 economic cooperation agreements with China worth a total of $28 billion at a jointChina Oil 2019-02-26
Guangdong's natural gas consumption to reach 28 bln cubic meters by 2020
South China's Guangdong Province will continue to promote green development, and it plans to raise its natural gas consumption to 28 billion cubic meters by 2020, according to a local government plan.The provincial government recently released a scheme for 2018 to 2020 for winning the war against air pollution and making the skies blue. The scheme said that the energy structure of the province needs to be optimized and that green clean energy systems should be built up.It said that the expansion of the natural gas consumption market and the increase of natural gas consumption have been major gChina Natural Gas 2019-01-16
Gazprom, Sinopec to be top spenders across oil and gas value chain by 2025
Gazprom and China Petrochemical Corp (Sinopec) are the top spenders among global oil and gas companies, in terms of new build capital expenditure (capex) to be spent on planned and announced projects across the oil and gas value chain during 2018–2025, according to leading data and analytics companySinopec 2018-11-13
China’s Hengli Signs $11 Billion in Oil-Linked Deals at Expo
Hengli Group Co. signed deals at the China International Import Expo in Shanghai to import $11 billion worth of commodities and equipment, including a $3.6 billion crude-oil agreement with Saudi Aramco, it said in a statement.China Oil Import 2018-11-12
Chinese pipeline gas and LNG imports hit 7.29 mt in October
China imported 7.29 mt of pipeline gas and LNG in October, according to preliminary figures released by the General Administration of Customs on Thursday.China Gas Pipeline China LNG 2018-11-09
China starts exporting petroleum to Laos
With over 64 ton diesel, handed over from PetroChina to a Lao company at Laos-China border, the first export of Chinese refined oil to Lao market was made on Wednesday.PetroChina International (Yunnan) Co. Ltd, a subsidiary of PetroChina group, has been studying and preparing for two years to reach the Lao fuel market since 2016.With the aims to expand its petroleum products sales in southeastern Asia and to seek new routes to market, the PetroChina company with its Lao partner undertook thorough researches in demands, market access, custom clearance and transportation, etc.Finally, the firstChina Petrochemical 2018-11-01
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