Carbon capture,utilization and storage(CCUS)technology is an important means to effectively reduce carbon emissions from fossil energy combustion and industrial processes.With the crisis of climate change,CCUS has att...Carbon capture,utilization and storage(CCUS)technology is an important means to effectively reduce carbon emissions from fossil energy combustion and industrial processes.With the crisis of climate change,CCUS has attracted increasing attention in the world.CCUS technology as developed rapidly in China is technically feasible for large-scale application in various industries.The R&D and demonstration of CCUS in China Petroleum&Chemical Corporation(Sinopec)are summarized,including carbon capture,carbon transport,CO_(2)enhanced energy recovery(including oil,gas,and water,etc.),and comprehensive utilization of CO_(2).Based on the source-sink matching characteristics in China,two CCUS industrialization scenarios are proposed,namely,CO_(2)-EOR,CO_(2)-driven enhanced oil recovery using centralized carbon sinks in East China and CO_(2)-EWR,CO_(2)-driven enhanced water recovery(EWR)using centralized carbon sources from the coal chemical industry in West China.Finally,a CCUS industrialization path from Sinopec's perspective is suggested,using CO_(2)-EOR as the major means and CO_(2)-EWR,CO_(2)-driven enhanced gas recovery(CO_(2)-EGR)and other utilization methods as important supplementary means.展开更多
Fischer-Tropsch(F-T)synthesis has become a commercial pathway for producing liquid fuels and chemicals from non-petroleum carbon resources through syngas.In line with national energy security strategies and environmen...Fischer-Tropsch(F-T)synthesis has become a commercial pathway for producing liquid fuels and chemicals from non-petroleum carbon resources through syngas.In line with national energy security strategies and environmental protection concerns,the SINOPEC Research Institute of Petroleum Processing Co.,Ltd.(RIPP)has intensified research on F-T synthesis since 2002.Co-based fixed-bed and slurry F-T synthesis technologies nearing industrial readiness and a processing package of 0.7 Mt/a have been successfully developed after years of fundamental research,pilot testing,and technical designs.Besides,multiple mesoscopic channel reactor with a cross-flow structure and excellent heat control was developed to enhance the space time yield of supported cobalt catalyst under different reaction conditions.RIPP has also developed several different F-T synthetic oil hydro-upgrading technologies according to different target products,all of which have been implemented in industrial production.To address the quality of F-T reaction water,a targeted alcohol recovery pretreatment technology has been developed.Pilot tests confirmed that this technology significantly reduced the chemical oxygen demand of the water,thereby ensuring the feasibility of using F-T technology on an industrial scale.展开更多
Since the 13th Five-Year Plan,Sinopec has been thoroughly carrying out the new energy security strategy of“four revolutions and one cooperation”and the spirit of the important instruction of“powerful promotion of p...Since the 13th Five-Year Plan,Sinopec has been thoroughly carrying out the new energy security strategy of“four revolutions and one cooperation”and the spirit of the important instruction of“powerful promotion of petroleum exploration and development”.Focusing on strategic breakthrough and large-scale reserve increase,the petroleum exploration enhances the theoretical and technological innovation and highlights high-quality exploration battles,so that a series of important petroleum exploration achievements have been gained.In order to accelerate and promote the development of Sinopec's natural gas business,this paper forecasts Sinopec's exploration direction and development potential of natural gas in the future after comprehensively sorting out the achievements and theoretical and technological progresses of natural gas exploration since the 13th Five-Year Plan.And the following research results are obtained.First,since the 13th Five-Year plan,Sinopec has been persisting in the strategic deployment of“balancing marine and continental facies and focusing conventional and unconventional resources”.According to the idea of“extending marine conventional gas,strengthening marine shale gas and optimizing continental tight gas”,Sinopec innovatively develops the hydrocarbon accumulation theory of marine shale gas in southern China,marine carbonate rock in central-western China and tight clastic rock in central-western China.Second,by virtue of researches,a 3D seismic exploration technology with reservoir identification and description as the basis and sweet spot prediction as the core is developed,and several support equipment and tools are integrated,such as deep and ultra-deep drilling and completion,acid fracturing testing,long horizontal well fracturing and high power electric fracturing,and drillable composite bridge plug.Third,a series of natural gas exploration achievements are obtained in three major fields of marine shale,marine carbonate rock and continental tight clastic rock,and new proven natural gas reserves of 1.0068×1012 m3 is achieved,which provides Sinopec with high-quality resource guarantee for the fast increase of natural gas production.Fourth,looking forward,there are abundant natural gas resource bases in Sinopec's licenses,and the main development directions of its natural gas exploration are marine carbonate rock in central-western China,tight clastic rock and shale in central-western China,marine deep clastic rock,and deep clastic rock and igneous rock in the mature areas of eastern China.In conclusion,Sinopec's new proven natural gas reserves during the 14th Five-Year Plan is predicted to be 1.16×10^(12)-1.36×10^(12) m^(3),which can provide a solid resources base for the great development of natural gas in China.展开更多
SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and ...SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and marketing of refined oil products. In the field of oil andnatural gas exploration and development, there are 13 upstream subsidiaries in SINOPEC. By the endof 2003, the proven reserves of crude oil were 3,257 mmbbls, and natural gas reserves totaled2,887.6 bcf. The oil and gas production in 2003 included 270.96 mmbbls of oil and 187.7 bcf ofnatural gas. In the area of middle-stream operation, SINOPEC has 33 refineries. The total capacityof crude distillation is 153.9 million tons/year, about 51% of the total distillation capacity inChina. In 2003, 123.5 million tons of crude oil was processed, around 53% of total crude processedin China.展开更多
In order to economically and effectively develop shale gas in China, Sinopec introduced foreign technologies and integrated them with available domestic technologies and self-developed tools according to geological ch...In order to economically and effectively develop shale gas in China, Sinopec introduced foreign technologies and integrated them with available domestic technologies and self-developed tools according to geological characteristics and complicated mountainous geomorphology in marine shale plays of southern China. A technology series composed of innovated theories concerning geological characterization during drilling, new generation of PDC bits, friction-reducing tools, low-cost oil-based drilling fluid system, high-efficient washing fluid and elastic mud systems, integrated drilling engineering design, long lateral cementing, modified well facto~ drilling method and etc., was developed to ful）qll fast and optimized drilling for shale gas wells. The application of the technology series in about 251 wells of Fuling gas Jield, Chongqing City, southwestern China, showed positive results： mechanical rotating speed increased by 191%, drilling duration redueed by 53%, and quality passing percent 100%.展开更多
China’s largest oil refiner China Petrochemical Corporation,also known as Sinopec Group,saw its non-fuel sales surge 43 percent in the first half of this year amid falling crude oil prices.The Beijing-based company’...China’s largest oil refiner China Petrochemical Corporation,also known as Sinopec Group,saw its non-fuel sales surge 43 percent in the first half of this year amid falling crude oil prices.The Beijing-based company’s non-fuel profits rose 42 percent from January to June,while sales of its retail oil products grew 3.展开更多
Ultra-deep formations in China contain rich hydrocarbon resources.In recent years,the number of ultradeep wells has been continuously increasing.However,efforts to facilitate tlte drilling and exploration of these ult...Ultra-deep formations in China contain rich hydrocarbon resources.In recent years,the number of ultradeep wells has been continuously increasing.However,efforts to facilitate tlte drilling and exploration of these ultra-deep reservoirs are facing many challenges,such as complicated formation pressures,complicated formation lithologic features,complicated formation fluids,difficulties in the accurate calculation of formation parameters,difficulties in borehole structure design optimization,instabilities in the performances of drilling fluid and key cementing materials/systems,high temperature-resistance and pressure-resistance requirements for downhole tools and instruments,complicated engineering problems,and slow drilling speeds.Under such circumstances,it is very difficult to ensure the performance of such drilling operations.In order to address these challenges,SINOPEC has developed relevant drilling technologies for ultra-deep wells in complicated geological conditions through intensive research on accurate descriptions of complex geologic characteristics,borehole structure design optimization,fast drilling techniques for deep and hard formations,temperature-resistant highdensity drilling fluid,anti-channeling cementing in high-pressure gas wells,borehole trajectory control in ultra-deep horizontal wells and other key technologies.These technologies can provide sound engineering and technical support for tlte exploration and development of hydrocarbon resources in ultra-deep formations in China.展开更多
This article sums up the energy consumption of process units and the overall energy consumption of 10 Mt/a class refineries constructed or revamped in recent years. The energy saving measures adopted in design of thes...This article sums up the energy consumption of process units and the overall energy consumption of 10 Mt/a class refineries constructed or revamped in recent years. The energy saving measures adopted in design of these refineries are analyzed and discussed. Finally, this article also makes comments and puts forward recommendations on the objectives for energy conservation at refineries in the future.展开更多
Circular economy is a pattern of economic growth pertaining to the notion of sustainable development, indeed a radical change of and challenge to the traditional economic growth pattern that builds itself upon the con...Circular economy is a pattern of economic growth pertaining to the notion of sustainable development, indeed a radical change of and challenge to the traditional economic growth pattern that builds itself upon the conceptions of “mass production, mass consumption, and mass waste”. Thus, its core is the efficient and cyclic utilization of resources; its principle is “reduction, reuse, and recycle”; and its characteristics are low-consumption, low exhaust, and high efficiency.展开更多
With the rapid growth of coal chemical industry in China, the selection and application of Air Separation Unit(ASU) became very important. As the core unit in coal chemical industry, ASU will greatly impact the engine...With the rapid growth of coal chemical industry in China, the selection and application of Air Separation Unit(ASU) became very important. As the core unit in coal chemical industry, ASU will greatly impact the engineering construction and operation/production of coal chemical business. In this paper, major suppliers of ASU at home and abroad were reviewed, and the major supplying status of ASU in China was introduced. The ASUs in operation of SINOPEC were listed and discussed. On this basis, some suggestions of ASU selection strategies were provided on localization, standardization and operation methods.展开更多
This article focuses on the hydrocracking technology for upgrading the quality of tail oil and the first commercial application of the RN-32V/RHC- 1 catalysts in the 1.0 Mt/a hydrocracker at the Yangzi Petrochemical C...This article focuses on the hydrocracking technology for upgrading the quality of tail oil and the first commercial application of the RN-32V/RHC- 1 catalysts in the 1.0 Mt/a hydrocracker at the Yangzi Petrochemical Company, which was started up successfully in September 2008. One month after start-up of the hydrocracking unit, an evaluation opera- tion has been conducted fbr assessing the catalysts performance. The technical calibration results showed that the RN- 32V/RHC-1 catalysts had high activity, and the product yield distribution was reasonable. The hydrocracker can provide abundant feedstocks for the downstream aromatic production unit and ethylene production unit.展开更多
Sinopec Corp., China’s largest oil refiner, saw its oil and gas output rise 4.83 percent year-on-year in 2012 to 427.62 million barrels of oil equivalent, according to preliminary data released recently by the oil gi...Sinopec Corp., China’s largest oil refiner, saw its oil and gas output rise 4.83 percent year-on-year in 2012 to 427.62 million barrels of oil equivalent, according to preliminary data released recently by the oil giant. The company’s crude oil production grew 2.04 percent to 328.28 million barrels in 2012. About 93.4 percent展开更多
China Petrochemical Corporation,or Sinopec,has issued a report on its efforts at environmental protection a first for a Chinese company.The report cites strategies of China’s biggest oil refiner by capacity to reduce...China Petrochemical Corporation,or Sinopec,has issued a report on its efforts at environmental protection a first for a Chinese company.The report cites strategies of China’s biggest oil refiner by capacity to reduce environmental impact,as well as implementation of lower-carbon fuels and less-polluting production methods."The18th CPC National Congress created a blueprint for a better tomorrow of promoting ecological progress and building a beautiful China,"said Li Ganjie,vice minister of environmental protection."Chinese industrial companies should play a leading role in展开更多
Present situation of oil exploration and development Conventional oil exploration and development(1)Resource bases.By the end of 2007,Sinopec has owned 351 exploration blocks in 64 onshore basins and 4 offshore basins...Present situation of oil exploration and development Conventional oil exploration and development(1)Resource bases.By the end of 2007,Sinopec has owned 351 exploration blocks in 64 onshore basins and 4 offshore basins,with a total area of 1,027,300 square kilometers(km2).展开更多
Current state of Sinopec’s exploration for natural gasDistribution of exploration area and resource baseSinopec now owns the exploration right of 364 blocks, with the acreage about one million square kilometers. The ...Current state of Sinopec’s exploration for natural gasDistribution of exploration area and resource baseSinopec now owns the exploration right of 364 blocks, with the acreage about one million square kilometers. The company mainly carries out exploration for oil and展开更多
Proven undeveloped reserves (PUDs) refers to discovered proven reserves that are difficult to develop, require high costs for production, have low commercial value or are temporarily not put into commercial developmen...Proven undeveloped reserves (PUDs) refers to discovered proven reserves that are difficult to develop, require high costs for production, have low commercial value or are temporarily not put into commercial development under the existing technological and economic conditions. Sinopec’s PUDs are dominated by deep-and ultra-deep reservoirs with ultra-low permeability, high-density, low-pressure coefficient and low abundance. These oil reservoirs have narrow storage space and complex storage status, leading to difficulties in predicting effective reservoirs, low single-well production, high production cost and difficulties in benefit generation. Since the “13th Five-year Plan” period, Sinopec’s upstream sector in China has taken the effective development of PUDs as an important measure to ensure national energy security. It has made every effort to promote innovation, cost reduction and reform to generate benefits, made a series of new technological progress and management achievements, and effectively revitalized a batch of resources.展开更多
Since SINOPEC carried out the action plan of dramatically improving oil and gas exploration and development in 2019,oilfield development front has actively overcome the impact of disadvantage factors such as sharp flu...Since SINOPEC carried out the action plan of dramatically improving oil and gas exploration and development in 2019,oilfield development front has actively overcome the impact of disadvantage factors such as sharp fluctuations in oil prices,recurrent COVID-19 and withdrawal of nature reserves,fully implemented the decision and deployment of company group’s party leadership,focused on improving productivity,controlling decline,increasing recoverable capacity and reducing cost,adhered to the detailed reservoir understanding,precise plan deployment,detailed supporting processes and actuarial development benefits for strengthening the construction of production efficiency,paid close attention to the detailed development of old oilfields,enhanced the promotion and application of significantly improved oil recovery technology,put forth effort on consolidating the foundation of stable production,to make sure the production stable and rising,and oil production exceeded the planned target during the period from 2019 to 2022.In 2022,35.32 million tons oil were produced,with an increase of 0.16 million tons,marking the largest increase in the nearly past four years.展开更多
Sinopec,also known as China Petroleum&Chemical Corporation,is a giant vertically integrated energy company.Slightly different from its domestic peer PetroChina,Sinopec is more focus on its downstream operations,wh...Sinopec,also known as China Petroleum&Chemical Corporation,is a giant vertically integrated energy company.Slightly different from its domestic peer PetroChina,Sinopec is more focus on its downstream operations,which the company gets most of its revenue from.Despite the fact that Sinopec pumps more than a million barrels of oil equivalents per day,its strength lies in its vast oil refining,petrochemical manufacturing,and oil marketing and distribution businesses.According to the company's annual report for the year of 2017,Sinopec is China's largest oil products and chemical supplier with domestic sales of 142 billion barrels of gasoline,kerosene and diesel.展开更多
文摘Carbon capture,utilization and storage(CCUS)technology is an important means to effectively reduce carbon emissions from fossil energy combustion and industrial processes.With the crisis of climate change,CCUS has attracted increasing attention in the world.CCUS technology as developed rapidly in China is technically feasible for large-scale application in various industries.The R&D and demonstration of CCUS in China Petroleum&Chemical Corporation(Sinopec)are summarized,including carbon capture,carbon transport,CO_(2)enhanced energy recovery(including oil,gas,and water,etc.),and comprehensive utilization of CO_(2).Based on the source-sink matching characteristics in China,two CCUS industrialization scenarios are proposed,namely,CO_(2)-EOR,CO_(2)-driven enhanced oil recovery using centralized carbon sinks in East China and CO_(2)-EWR,CO_(2)-driven enhanced water recovery(EWR)using centralized carbon sources from the coal chemical industry in West China.Finally,a CCUS industrialization path from Sinopec's perspective is suggested,using CO_(2)-EOR as the major means and CO_(2)-EWR,CO_(2)-driven enhanced gas recovery(CO_(2)-EGR)and other utilization methods as important supplementary means.
基金financial support from RIPP(R09040,R10029,R12066,R15009,R15007,and R17058)Sinopec,China(104085,105146,107035,109049,110122,110208,and 114141).
文摘Fischer-Tropsch(F-T)synthesis has become a commercial pathway for producing liquid fuels and chemicals from non-petroleum carbon resources through syngas.In line with national energy security strategies and environmental protection concerns,the SINOPEC Research Institute of Petroleum Processing Co.,Ltd.(RIPP)has intensified research on F-T synthesis since 2002.Co-based fixed-bed and slurry F-T synthesis technologies nearing industrial readiness and a processing package of 0.7 Mt/a have been successfully developed after years of fundamental research,pilot testing,and technical designs.Besides,multiple mesoscopic channel reactor with a cross-flow structure and excellent heat control was developed to enhance the space time yield of supported cobalt catalyst under different reaction conditions.RIPP has also developed several different F-T synthetic oil hydro-upgrading technologies according to different target products,all of which have been implemented in industrial production.To address the quality of F-T reaction water,a targeted alcohol recovery pretreatment technology has been developed.Pilot tests confirmed that this technology significantly reduced the chemical oxygen demand of the water,thereby ensuring the feasibility of using F-T technology on an industrial scale.
基金Project supported by the National Major Science and Technology Project"Target Evaluation and Exploration Technology for Shale Gas Zone"(No.2017ZX05036).
文摘Since the 13th Five-Year Plan,Sinopec has been thoroughly carrying out the new energy security strategy of“four revolutions and one cooperation”and the spirit of the important instruction of“powerful promotion of petroleum exploration and development”.Focusing on strategic breakthrough and large-scale reserve increase,the petroleum exploration enhances the theoretical and technological innovation and highlights high-quality exploration battles,so that a series of important petroleum exploration achievements have been gained.In order to accelerate and promote the development of Sinopec's natural gas business,this paper forecasts Sinopec's exploration direction and development potential of natural gas in the future after comprehensively sorting out the achievements and theoretical and technological progresses of natural gas exploration since the 13th Five-Year Plan.And the following research results are obtained.First,since the 13th Five-Year plan,Sinopec has been persisting in the strategic deployment of“balancing marine and continental facies and focusing conventional and unconventional resources”.According to the idea of“extending marine conventional gas,strengthening marine shale gas and optimizing continental tight gas”,Sinopec innovatively develops the hydrocarbon accumulation theory of marine shale gas in southern China,marine carbonate rock in central-western China and tight clastic rock in central-western China.Second,by virtue of researches,a 3D seismic exploration technology with reservoir identification and description as the basis and sweet spot prediction as the core is developed,and several support equipment and tools are integrated,such as deep and ultra-deep drilling and completion,acid fracturing testing,long horizontal well fracturing and high power electric fracturing,and drillable composite bridge plug.Third,a series of natural gas exploration achievements are obtained in three major fields of marine shale,marine carbonate rock and continental tight clastic rock,and new proven natural gas reserves of 1.0068×1012 m3 is achieved,which provides Sinopec with high-quality resource guarantee for the fast increase of natural gas production.Fourth,looking forward,there are abundant natural gas resource bases in Sinopec's licenses,and the main development directions of its natural gas exploration are marine carbonate rock in central-western China,tight clastic rock and shale in central-western China,marine deep clastic rock,and deep clastic rock and igneous rock in the mature areas of eastern China.In conclusion,Sinopec's new proven natural gas reserves during the 14th Five-Year Plan is predicted to be 1.16×10^(12)-1.36×10^(12) m^(3),which can provide a solid resources base for the great development of natural gas in China.
文摘SINOPEC is an integrated energy and chemical company engaging in upstream,midstream and downstream operations. The business of SINOPEC covers E&P of oil and gas, refining,chemical production, as well as sales and marketing of refined oil products. In the field of oil andnatural gas exploration and development, there are 13 upstream subsidiaries in SINOPEC. By the endof 2003, the proven reserves of crude oil were 3,257 mmbbls, and natural gas reserves totaled2,887.6 bcf. The oil and gas production in 2003 included 270.96 mmbbls of oil and 187.7 bcf ofnatural gas. In the area of middle-stream operation, SINOPEC has 33 refineries. The total capacityof crude distillation is 153.9 million tons/year, about 51% of the total distillation capacity inChina. In 2003, 123.5 million tons of crude oil was processed, around 53% of total crude processedin China.
基金Pilot Project of Shale Gas Well Drilling in Fuling,Major National Scientific and Technology Project(NO.2016ZX05060003)
文摘In order to economically and effectively develop shale gas in China, Sinopec introduced foreign technologies and integrated them with available domestic technologies and self-developed tools according to geological characteristics and complicated mountainous geomorphology in marine shale plays of southern China. A technology series composed of innovated theories concerning geological characterization during drilling, new generation of PDC bits, friction-reducing tools, low-cost oil-based drilling fluid system, high-efficient washing fluid and elastic mud systems, integrated drilling engineering design, long lateral cementing, modified well facto~ drilling method and etc., was developed to ful）qll fast and optimized drilling for shale gas wells. The application of the technology series in about 251 wells of Fuling gas Jield, Chongqing City, southwestern China, showed positive results： mechanical rotating speed increased by 191%, drilling duration redueed by 53%, and quality passing percent 100%.
文摘China’s largest oil refiner China Petrochemical Corporation,also known as Sinopec Group,saw its non-fuel sales surge 43 percent in the first half of this year amid falling crude oil prices.The Beijing-based company’s non-fuel profits rose 42 percent from January to June,while sales of its retail oil products grew 3.
基金Key National Science and Technology Development Project for the"Twelfth Five-year Plan"-"Development of large-scale oil/gas fields and coalbed methane(CBM)",Subtopic 6:"Key technology for boreholes of oil/gas producers in marine carbonate rocks"(No.:2011ZX05005-006)
文摘Ultra-deep formations in China contain rich hydrocarbon resources.In recent years,the number of ultradeep wells has been continuously increasing.However,efforts to facilitate tlte drilling and exploration of these ultra-deep reservoirs are facing many challenges,such as complicated formation pressures,complicated formation lithologic features,complicated formation fluids,difficulties in the accurate calculation of formation parameters,difficulties in borehole structure design optimization,instabilities in the performances of drilling fluid and key cementing materials/systems,high temperature-resistance and pressure-resistance requirements for downhole tools and instruments,complicated engineering problems,and slow drilling speeds.Under such circumstances,it is very difficult to ensure the performance of such drilling operations.In order to address these challenges,SINOPEC has developed relevant drilling technologies for ultra-deep wells in complicated geological conditions through intensive research on accurate descriptions of complex geologic characteristics,borehole structure design optimization,fast drilling techniques for deep and hard formations,temperature-resistant highdensity drilling fluid,anti-channeling cementing in high-pressure gas wells,borehole trajectory control in ultra-deep horizontal wells and other key technologies.These technologies can provide sound engineering and technical support for tlte exploration and development of hydrocarbon resources in ultra-deep formations in China.
文摘This article sums up the energy consumption of process units and the overall energy consumption of 10 Mt/a class refineries constructed or revamped in recent years. The energy saving measures adopted in design of these refineries are analyzed and discussed. Finally, this article also makes comments and puts forward recommendations on the objectives for energy conservation at refineries in the future.
文摘Circular economy is a pattern of economic growth pertaining to the notion of sustainable development, indeed a radical change of and challenge to the traditional economic growth pattern that builds itself upon the conceptions of “mass production, mass consumption, and mass waste”. Thus, its core is the efficient and cyclic utilization of resources; its principle is “reduction, reuse, and recycle”; and its characteristics are low-consumption, low exhaust, and high efficiency.
文摘With the rapid growth of coal chemical industry in China, the selection and application of Air Separation Unit(ASU) became very important. As the core unit in coal chemical industry, ASU will greatly impact the engineering construction and operation/production of coal chemical business. In this paper, major suppliers of ASU at home and abroad were reviewed, and the major supplying status of ASU in China was introduced. The ASUs in operation of SINOPEC were listed and discussed. On this basis, some suggestions of ASU selection strategies were provided on localization, standardization and operation methods.
文摘This article focuses on the hydrocracking technology for upgrading the quality of tail oil and the first commercial application of the RN-32V/RHC- 1 catalysts in the 1.0 Mt/a hydrocracker at the Yangzi Petrochemical Company, which was started up successfully in September 2008. One month after start-up of the hydrocracking unit, an evaluation opera- tion has been conducted fbr assessing the catalysts performance. The technical calibration results showed that the RN- 32V/RHC-1 catalysts had high activity, and the product yield distribution was reasonable. The hydrocracker can provide abundant feedstocks for the downstream aromatic production unit and ethylene production unit.
文摘Sinopec Corp., China’s largest oil refiner, saw its oil and gas output rise 4.83 percent year-on-year in 2012 to 427.62 million barrels of oil equivalent, according to preliminary data released recently by the oil giant. The company’s crude oil production grew 2.04 percent to 328.28 million barrels in 2012. About 93.4 percent
文摘China Petrochemical Corporation,or Sinopec,has issued a report on its efforts at environmental protection a first for a Chinese company.The report cites strategies of China’s biggest oil refiner by capacity to reduce environmental impact,as well as implementation of lower-carbon fuels and less-polluting production methods."The18th CPC National Congress created a blueprint for a better tomorrow of promoting ecological progress and building a beautiful China,"said Li Ganjie,vice minister of environmental protection."Chinese industrial companies should play a leading role in
文摘Present situation of oil exploration and development Conventional oil exploration and development(1)Resource bases.By the end of 2007,Sinopec has owned 351 exploration blocks in 64 onshore basins and 4 offshore basins,with a total area of 1,027,300 square kilometers(km2).
文摘Current state of Sinopec’s exploration for natural gasDistribution of exploration area and resource baseSinopec now owns the exploration right of 364 blocks, with the acreage about one million square kilometers. The company mainly carries out exploration for oil and
文摘Proven undeveloped reserves (PUDs) refers to discovered proven reserves that are difficult to develop, require high costs for production, have low commercial value or are temporarily not put into commercial development under the existing technological and economic conditions. Sinopec’s PUDs are dominated by deep-and ultra-deep reservoirs with ultra-low permeability, high-density, low-pressure coefficient and low abundance. These oil reservoirs have narrow storage space and complex storage status, leading to difficulties in predicting effective reservoirs, low single-well production, high production cost and difficulties in benefit generation. Since the “13th Five-year Plan” period, Sinopec’s upstream sector in China has taken the effective development of PUDs as an important measure to ensure national energy security. It has made every effort to promote innovation, cost reduction and reform to generate benefits, made a series of new technological progress and management achievements, and effectively revitalized a batch of resources.
文摘Since SINOPEC carried out the action plan of dramatically improving oil and gas exploration and development in 2019,oilfield development front has actively overcome the impact of disadvantage factors such as sharp fluctuations in oil prices,recurrent COVID-19 and withdrawal of nature reserves,fully implemented the decision and deployment of company group’s party leadership,focused on improving productivity,controlling decline,increasing recoverable capacity and reducing cost,adhered to the detailed reservoir understanding,precise plan deployment,detailed supporting processes and actuarial development benefits for strengthening the construction of production efficiency,paid close attention to the detailed development of old oilfields,enhanced the promotion and application of significantly improved oil recovery technology,put forth effort on consolidating the foundation of stable production,to make sure the production stable and rising,and oil production exceeded the planned target during the period from 2019 to 2022.In 2022,35.32 million tons oil were produced,with an increase of 0.16 million tons,marking the largest increase in the nearly past four years.
文摘Sinopec,also known as China Petroleum&Chemical Corporation,is a giant vertically integrated energy company.Slightly different from its domestic peer PetroChina,Sinopec is more focus on its downstream operations,which the company gets most of its revenue from.Despite the fact that Sinopec pumps more than a million barrels of oil equivalents per day,its strength lies in its vast oil refining,petrochemical manufacturing,and oil marketing and distribution businesses.According to the company's annual report for the year of 2017,Sinopec is China's largest oil products and chemical supplier with domestic sales of 142 billion barrels of gasoline,kerosene and diesel.
