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Article archive for Sinopec;

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Sinopec and INEOS sign $7 billion project cooperation agreement 13 December 2022

On December 7, INEOS and Sinopec signed a series of joint venture cooperation agreements with a total value of around $7 billion (£5.7bn). The agreement includes three headline deals, including INEOS acquiring a 50% stake in Shanghai Secco, a subsidiary of Sinopec....

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Fourteen jailed in China over fatal Qingdao pipeline blast 01 December 2015

Eight former Sinopec executives and six local government ex-officials  were sentenced to up to five years in jail on November 30 over a fatal oil pipeline explosion in Qingdao, a coastal city in east China’s Shandong Province, in November 2013. The blast caused 63 deaths, left 156 others injured and led to economic losses amounting to nearly 750 million yuan (US$117 million)....

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Nanjing refinery blaze reignites 10 June 2014

A state-run oil refinery in Nanjing, the capital of Jiangsu province in eastern China, was still in flames on the morning of June 10 from an oil tank fire after firefighters thought they had stemmed a five-hour blaze from an earlier explosion, according to Xinhua. No casualties have been reported so far....

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Sinopec agrees to pay compensation over Qingdao pipeline blasts 16 January 2014

China's largest oil refiner Sinopec said on January 13 that it will pay compensation for the fatal pipeline explosions in the eastern city of Qingdao that killed 62 people and injured another 136 last November. A number of Sinopec staff are also facing charges following the incident....

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Qingdao blast caused by oil thieves 16 December 2013

According to a Reuters report  the explosion and fire that killed 62 in the Chinese city of Qingdao in Shandong province on November 22 was caused by oil thieves, who tapped into the oil pipeline, causing the leak that led to the explosion. ...

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East China pipeline blast and fire kills 22 22 November 2013

At least 22 people have been killed after a leaking underground oil pipeline caught fire in the city of Qingdao. Xinhua said the blast happened as workers were trying to repair the pipeline, quoting local officials. Local sources said that the number of dead could rise. The number of injured has yet to be confirmed. ...

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Sinopec pipeline leak cuts off water supplies in Eastern China 26 February 2013

Local authorities shut off water supplies in Yongxiu County, in Jiangxi Province, Eastern China, after a leak from an oil products pipeline run by a subsidiary of Sinopec, Xinhua reported on February 25....

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3.2 Million-Ton Petrochemical Complex at Tianjin, China 11 January 2010

Saudi Basic Industries Corporation (Sabic) and China Petroleum & Chemical Corporation (Sinopec) celebrated partnership in their petrochemical complex at Tianjin, China. The two companies formed Sinopec Sabic Tianjin Petrochemical Company in 2008 as a 50/50 joint-venture to build and operate the facility....

Sabic pulls out of PBT complex 01 June 2008

Saudi Basic Industries (Sabic) has declined a 35% stake in the $1-billion polybutylene terephthalate (PBT) and related intermediates complex being planned by Osos Petrochemicals at Yanbu in Saudi Arabia. A memorandum of understanding was signed between Sabic and Osos January 2008. But after negotiations, the parties could not reach agreement on the project and Sabic has decided to pull out....

Ethylene expansion for China’s Jiangsu province 01 June 2008

China Petroleum & Chemical Corp (Sinopec) and its German partner BASF have completed a feasibility study on the expansion of an ethylene joint project, first announced in July 2006, in Nanjing, in eastern China's Jiangsu province....