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Geothermal Power Project
WGC2023 in Beijing, China Highlights Global Geothermal Growth and Potential
The opening ceremony of the World Geothermal Congress 2023 in Beijing, ChinaThe 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporati…
Crude Oil
South Sudan Won’t Let OPEC+ Stand in Way of Increasing Oil Output
South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar…
Distributed Solar
Sinopec Launches First 'Carbon-Neutral' Gas Station
Chinese oil giant Sinopec Group has completed work on the country's first "carbon-neutral" gas station, marking an important step in its drive to reduce carbon …
Natural Gas
Sinopec finds abundant flows in Xinjiang oil, gas wells
Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…
Oil & Gas Trade
Sinopec Signs 10-Year Deal with Qatar Petroleum for 2 m tons of LNG
China Petrochemical Corp, or Sinopec Group, has signed a long-term purchase and sales agreement with Qatar Petroleum to buy 2 million tons of LNG from Qatar Pet…
Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
Shale Gas
Do Saudi Arabia And Russia Really Want To Kill U.S. Shale?
Since 2016, as an informal leader of the 13-strong non-OPEC group, Russia has been instrumental in the pricing of oil as Saudi Arabia, leading producer in the O…
China Petrochemical Corporation (Sinopec Group)
China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, established by the state in July 1998 on the basi…
Sinopec Builds China’s First Multi-Fuel Hydrogen Station
China Petrochemical Corp, or Sinopec Group, has built a pumping station in south China that combines hydrogen-filling and retail sales of conventional fuels, th…