Page 4 - சீனா பெட்ரோலியம் இரசாயன நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Sinopec Builds World s Largest Disinfectant Production Base
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Emergence as Essential Chemical for Numerous Industries Creates Valuable Growth Opportunities for Tert-Butanol Market, Says TMR
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Aviation Lubricant Market Research on Growth, Trends, Opportunity and Forecast to 2031 | Aerospace Lubricants Inc, bp p l c , CASTROL LIMITED, Chevron Corporation, China Petroleum & Chemical Corporation – KSU
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Enhanced Oil Recovery Market Giants Spending Is Going To Boom | Schlumberger, Baker Hughes, Saudi Aramco, ConocoPhillips
iCrowd Newswire
16 Jul 2021, 11:30 GMT+10
Due to the lack of new oil and gas fields and an increasing need for fossil fuels has upsurged the demand to make improvements in the existing oil fields. Thus, the demand for Enhanced Oil Recovery (EOR) has been increased over the past few years and will further increase with respect to rapid industrial growth and the need for crude oil, EOR is an advanced technology used in extracting crude oil which couldn t be extracted through conventional oil extraction technologies from the existing oil reservoirs. It is also known as tertiary recovery process as it takes place after primary and secondary oil recoveries. Moreover, with the increasing gap between supply and demand for crude oil and growing demand from automobile industry will significantly increase demand for EOR over the forecasted period.
Sinopec launches China s first megaton scale carbon capture project
7/7/2021
China Petroleum & Chemical Corporation initiated China s first megaton carbon capture, utilization and storage (CCUS) project, the Sinopec Qilu-Shengli Oilfield CCUS (the Project ). It is set to become China s largest whole industrial chain CCUS demonstration base and application case for promoting the large-scale development of CCUS in China.
The Project, expected to be put into production by the end of 2021, marks a key milestone in the construction progress of China s CCUS projects and is a huge demonstration of the industry s development. It is also of great significance to enhance China s carbon emissions reduction capabilities and build an artificial carbon cycle model as the country advances to reach peak carbon emissions by 2030 and carbon neutrality by 2060.