BEIJING, April 10, 2024 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has successfully completed the drilling of China’s deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters. The milestone has revealed the mechanism of deep geothermal formation and enrichment in South China, the new breakthrough … Read more
BEIJING, April 2, 2024 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG:0386, “Sinopec”) has inked a landmark heads of agreement (HoA) with TotalEnergies in Beijing, embarking on a joint venture to produce sustainable aviation fuel (SAF) from waste oils at one of Sinopec’s refineries. The partnership aims to achieve an annual production capacity of 230,000 … Read more
BEIJING, March 26, 2024 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) has recently filed the 2023 Annual Report and disclosed the group’s operating revenue in accordance with International Financial Reporting Standards (IFRS), hitting 3.21 trillion yuan (USD 444.66 billion) with operation earnings of 86.828 billion yuan (USD 12.03 billion), a 14.5 percent growth … Read more
