Read the latest issue of Oilfield Technology in full for free: Issue 1 2021. The company has signed an agreement to acquire equity interest in discoveries in the Troll, Fram and Kvitebjrn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. Employees were asked to stay home until more is known as a precaution, the source said. Founded in 1995, UNIPEC is China's largest trading company and has established business. 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). The first phase of construction started by the end of 2022. More for REPSOL SINOPEC RESOURCES UK LIMITED (00825828) Filter by category Show filing type. TALISMAN SINOPEC ENERGY UK LIMITED 17 Dec 2012 - 04 Jul 2016 TALISMAN ENERGY (UK) LIMITED 13 Jan 1995 - 17 Dec 2012 . China Petroleum & Chemical Corporation () or Sinopec (simplified Chinese: ; traditional Chinese: ; pinyin: Zhnggu Shhu), is a Chinese oil and gas enterprise based in Beijing. 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. A Shanghai listing was completed in June 2001. The bank is considering a new . 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. We are present in the United Kingdom with our Upstream businesses. 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. more Sinopec Corp China Petroleum & Chemical Corporation is a vertically integrated energy & chemical company that is engaged in oil & gas exploration and production. Please sign in or register for free. [8] Sinopec is the largest oil refiner in Asia by annual volume processed. (6 April 2022). 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. [45], Zhnggu Shyu Hugng Gfn Yuxin Gngs, Globe and Mail, Report on Business p.B3, 2 August 2013. instructions how to enable JavaScript in your web browser. 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. Are you familiar with our STEM initiatives? 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. [15], In August 2009, Sinopec completed a takeover of Geneva-based Addax Petroleum for $7.5 billion marking China's biggest foreign takeover. 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.. 31 December 2021, Next statement date 16 February 2024 [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. 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. Petro-CyberWorks Information Technology Co., Ltd. Editor Copyright China Petrochemical Corporation. 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. 01 Sep 1989. China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, established by the state in July 1998 on the basis of the former China Petrochemical Corporation Ma Yongsheng, Chairman, Secretary of the Leading Party Member Group Mr. Ma is a professor level senior engineer with a doctors degree and an academician of the Chinese Academy of Engineering 2019 saw complex and grim production and operation environment, with internal and external challenges rising sig-nificantly, global economic growth slowing down, international oil prices fluctuating at a wide range Sinopec Group - The Board of Directors - The Executive Management Team - General Administration Dept. Individuals should consider whether they can afford the risks associated to trading. 72 were here. Headquartered in Beijing, UNIPEC is a wholly-owned subsidiary of China petroleum & Chemical Corporation (Sinopec) and is china's largest international trade company. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Also included in the plans are a storage tank as well as a pipeline network. London 3. Joining Hands, Sharing Value! 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". Get Started Today Ready to start working with Sojern? 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. Littlehampton 6. Learn More Schedule a follow up call with a sales representative. Trading and investing carries a high risk of losing money rapidly due to leverage. 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. . The other proposal approved last week by inner Mongolia is a 3-billion-yuan ($430 million) project to be sited in the Uxin region of Ordos city. [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]. The Site, Services and Content (defined below) may be changed or updated from time to time without notice. Legal Notice - Privacy statement - Cookie policy - Sitemap. 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. "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. Published by Nicholas Woodroof, Given its legacy asset base from Sinopec Group, analysts have categorized it as a more downstream oil player than PetroChina. 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. Company status Active Company type . Unipec UK will continue to monitor the situation of this suspected case of COVID-19 very closely, abiding to the guidance of international and local health authorities, the company said in a statement. We aim to maximise returns from our late life assets, safely. [29] In January 2022 they offered to re-sell LNG to take advantage of high Asian spot prices. [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. 12 Jan '23 News The parent falls under the purview of China's State Council. Lets dive into the vibes of the Chinese New Year and embrace a new chapter in our life. 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