29-08-2022
Sinopec starts first carbon capture storage facility
China's Sinopec Corp said on Monday it has put into operation the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and plans to build two more plants of similar size by 2025.
The state oil giant is one of the leading companies building pilot CCUS projects in China, part of the country's goal to reach peak carbon emissions by 2030.
The new CCUS project, which started construction just over a year ago, involves capturing carbon dioxide produced from Sinopec's Qilu refinery in eastern Shandong province during a hydrogen-making process, and then injecting it into 73 oil wells in the nearby Shengli oilfield.
Sinopec has estimated that 10.68 million tonnes of carbon dioxide will be injected into the oilfield over the next 15 years, boosting crude oil production by nearly 3 million tonnes.
Currently the CO2 from the Qilu refinery is transported by trucks to the oilfield, but Sinopec expects to complete a pipeline by the end of the year to move the CO2, which will be the first of its kind in China.
"While China's CCUS remains at an experimental stage, it's on a par with the levels of global peers, although lagging in some key technological know-how," Sinopec said in a press release.
Sinopec will explore setting up a CCUS research and development centre by 2025, focusing on developing frontier technologies such as combining CCUS with wind and solar power, CCUS with hydrogen energy and biomass, the company said.
Last year Sinopec captured and stored more than 1.52 million tonnes of carbon dioxide.
It aims to build another two pilot projects over the next few years in nearby Huadong and Jiangsu oilfields.
Originally Published by Reuters: https://www.reuters.com/business/sustainable-business/chinas-sinopec-starts-first-carbon-capture-storage-facility-plans-another-two-by-2022-08-29/
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Audubon launches vapor recovery & reuse system for EPA compliance
Audubon Engineering Company, a leading provider of engineering, procurement, construction, fabrication, and technical services, introduced its patented Vapor Upcycle ...
26-03-2024
-
Koch Modular to expand state-of-the-art pilot plant in Houston
Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the ...
26-03-2024
-
TotalEnergies and SINOPEC to produce sustainable jet fuel
TotalEnergies and China Petroleum and Chemical Corporation have signed a Heads of Agreement to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a ...
26-03-2024
-
SABIC and Pashupati group to target recycling opportunities in India
SABIC, a global leader in the chemical industry, has signed a Memorandum of Understanding (MoU) with Pashupati Group, a leading Indian recycler of plastic waste and supplier ...
25-03-2024
-
Karen McKee named 2024 petrochemical heritage award recipient
The American Fuel & Petrochemical Manufacturers (AFPM) is pleased to announce ExxonMobil’s Karen McKee, president of ExxonMobil Product Solutions Company, as the ...
24-03-2024
-
ABB and Cap Clean Energy collaborate to help SAF production take off
ABB has signed an agreement with Cap Clean Energy to collaborate on sustainable aviation fuel (SAF) production sites in the Canadian provinces of Manitoba, Saskatchewan ...
21-03-2024
-
Yokogawa launches OpreX robot management core
Yokogawa Electric Corporation announces the development and release of OpreXTM Robot Management Core, a software application in the OpreX Asset Management and Integrity ...
21-03-2024
-
Samsung Engineering rebrands name to SAMSUNG E&A
Samsung Engineering, a world leading engineering solutions and project management company, announced today, that it will officially changes its name to 'SAMSUNG E&A'. ...
21-03-2024
-
Clariant and Lummus awarded catalyst technology contract for new isobutane dehydrogenation plant
Clariant, a sustainability-focused specialty chemical company, and its process partner Lummus Technology have been selected by Huizhou Boeko Materials Co. Ltd., to provide ...
20-03-2024