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Carbon capture and storage/sequestration ("CCS") is needed mostly to help remove CO2 gases from power plants escaping into the atmosphere and to reduce global emissions. The CCS market size is projected to grow from USD 1.75 billion in 2019 to USD 6.3 billion by 2027, exhibiting a CAG...
Sinopec Launches China's First Megaton Scale Carbon Capture Project Creating an artificial carbon cycle model in the push for peak carbon emissions PR Newswire BEIJING , July 6, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sino...
PetroChina ([[PTR]] +3.4%) and Sinopec ([[SNP]] +1.9%) rise in early trading after the Chinese energy giants both forecast strong improvements in H1 2021 net income due to higher crude oil prices.PetroChina says H1 earnings will increase by 75B-90B yuan, "turning losses into profit," and Sino...
Investors are focusing on high-dividend stocks as a stable source of income amid the near-zero interest rate environment. As such, with the energy sector rebounding rapidly, we think betting on high dividend paying energy stocks China Petroleum & Chemical (SNP), Kinder Morgan (KMI), and E...
Recon Technology Announces Pricing of $55.0 million Registered Direct Offering PR Newswire BEIJING , June 14, 2021 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today it has entered into a securities purchase agre...
Recon Technology (RCON) +17.6% pre-market after saying it signed two contracts with Sinopec's (SNP) North China E&P Company valued at a combined $5M.Recon says it is providing technical service with ultra-deep electric submersible progressing cavity pump to one gas well at the Dongsheng F...
Production cuts by OPEC+ countries, coupled with rising demand from reopening industries worldwide, are driving up oil prices. And oil’s upbeat prospects are helping the oil and gas industry reclaim investors’ attention. As such, we think popular oil and gas corporation Exxon Mo...
TebNad/iStock via Getty Images A consortium of U.S.-based McDermott (MDRIQ) and China's Sinopec (SNP) says it won a conditional award to build the upstream facilities for TotalEnergies' (TOT) huge Tilenga project in Uganda. McDermott says the contract - which is subject to the approval of Til...
Sinopec Builds China's First Carbon-neutral Gas Station PR Newswire CHANGZHOU, China , May 20, 2021 /PRNewswire/ -- Built by China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), the Jiaze Gas Station located in Changzhou , Jiangsu Province i...
The global economic recovery from COVID-19-driven damages is supporting a steady recovery of the energy industry. While some energy stocks are expected to continue riding a wave created by rising oil prices, the initiatives of governments worldwide to transition to an emissions-free future ma...
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Sinopec Achieved Solid 2023 Operating Results Focus on Shareholders' Returns, Dividend Payout Exceeded 70% BEIJING, CHINA) / ACCESSWIRE / March 24, 2024 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE: 600028) today announced its annual res...
Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials PR Newswire BEIJING , March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China -based provider of oilfield ...
NEW YORK, NY / ACCESSWIRE / December 8, 2023 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:00386)(SSE:600028) announced today that the Company intends to deregister with the United States Securities and Exchange Commission (the "SEC") and terminate its rep...