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China Petroleum & Chemical Corporation (SNPMF)

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0.5883+0.0063 (+1.08%)
At close: 01:20PM EDT
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  • Bloomberg

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  • PR Newswire

    Sinopec Completes Drilling of China's Deepest Geothermal Exploration Well of 5,200 Meters

    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 in the exploration of hot dry rock in terms of demographic region and depth is of great significance to enhance the large-scale development and utilization of geothe

  • PR Newswire

    Sinopec and TotalEnergies Ink Agreement for Sustainable Aviation Fuel Production

    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 tons, with the new production line co-operated by both entities.