Saudi Aramco, China Petroleum and Chemical Corporation (Sinopec), and Fujian Petrochemical Company Ltd. (FPCL) have broken ground on the Fujian Gulei Phase II Integrated Refining and Petrochemical Project, a $9.82 billion collaboration set to transform China’s energy sector. Located in Fujian Province’s Gulei coastal region, this project underscores the growing partnership between Saudi Arabia and […]
In a pivotal agreement poised to bolster the LNG industry, QatarEnergy has inked a partnership accord with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. The deal, signed in Shanghai by QatarEnergy’s Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, and Sinopec’s Chairman, Dr. MA Yong-sheng, entails QatarEnergy divesting a […]
Aramco and TotalEnergies have officially awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion Amiral petrochemical complex, heralding the commencement of construction work on this large-scale project in Saudi Arabia. This petrochemical complex, integrated with the SATORP refinery in Jubail, is set to be the largest mixed-load steam cracker in the Gulf, with […]
China Petroleum & Chemical Corporation (Sinopec) has launched The Inner Mongolia Erdos Wind-Solar Green Hydrogen Project, a CNY 5.7 billion ($828.04 million) green hydrogen-coal chemical project in Inner Mongolia, in an effort to advance the country’s green energy goals. The hydrogen pilot project is anticipated to contribute CNY 600 million ($87.17 million) in GDP and […]
Repsol Sinopec Resources UK has given a decommissioning contract for the decontamination, demolition, and site remediation of Nigg Oil Terminal in Scotland to Liberty Industrial Ltd. According to Repsol Sinopec, planning and engineering work started in December 2022 followed by decommissioning activity in 2023, which is likely to continue up to 2025. The site will […]