Sinopec Wins Technological Innovation Award at the 2nd Sino-European Corporate ESG Best Practice Conference
STUTTGART, Germany, June 30, 2025 /CNW/ -- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) has won the "Best Scientific And Technological Innovation Practice" award at the 2 nd Sino-European Corporate ESG Best Practice Conference (the "Conference"), which was hosted on June 26 in Stuttgart. Sinopec's case submission of Breakthrough in Depth, Climb to New Heights — Empowering the Energy and Chemical Industry with Technological Innovation stood out among the numerous entries.
The Conference reviews and awards the best ESG application cases in six areas of environmental protection, social responsibility, corporate management, scientific and technological innovation, education and training, to further enhance mutual understanding between Chinese and European businesses, facilitate bilateral economic and trade exchanges, and showcase China's open, inclusive and confident mindset to European society.
"Sinopec has harnessed technological innovation as a powerful engine in its journey toward carbon peaking and carbon neutrality," the jury panel said. "By focusing on strategic areas such as oil and gas exploration and development as well as green and low-carbon transformation, the company is vigorously advancing high-end, intelligent, and green development."
Leveraging its integrated, full-industry-chain innovation capabilities, Sinopec is scaling up clean energy solutions and decarbonization in production to continuously empower the social development.
Driven by innovation, Sinopec's Project Deep Earth is regarded as "Mount Everest underground" to unlock ultra-deep oil and gas reserves and light up the green future of the earth. In shale gas exploration and development, Sinopec's Fuling Shale Gas Field is the first in China with commercial development, boasting reserves of hundreds of billions of cubic meters.
In promoting the green and low-carbon technology, Sinopec built China's first megaton CCUS project as well as the world's first 100-kilometer CO₂ transmission pipeline. Sinopec collaborates with Shell, China Baowu and BASF to launch the joint study on the first 10-million-tonne open-source CCUS project to provide a new path of decarbonization emphasizing both emission reduction and carbon sequestration.
Innovation is powering Sinopec to continuously break new ground and achieve intelligent transformation. In 2024, the world's first intelligent ethylene factory based on digital twin technology was put into operation, and Sinopec's AI digital employee is now on duty at over 40 integrated energy stations to provide smart services to customers.
At the Conference, Sinopec also released the "World Energy Outlook 2060" report, which is Sinopec's first energy and chemical industry development report released in Europe.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
an hour ago
- Cision Canada
First Cargo Puts Canada on the Map of LNG Exporting Nations
KITIMAT, BC, June 30, 2025 /CNW/ - LNG Canada has successfully loaded a first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada's first large-scale LNG export facility. The new LNG Canada export facility is located in Kitimat, British Columbia, in the traditional territory of the Haisla Nation. It is a long-life asset that will initially export LNG from two processing units or "trains" with a total capacity of 14 million tonnes per annum (mtpa). "Today is a historic moment for LNG Canada and our five joint venture participants (JVPs), Haisla Nation, the District of Kitimat, British Columbia and all of Canada," said Chris Cooper, LNG Canada President and CEO. "We began with a clear vision: To work side-by-side with First Nations and local communities as the catalyst for a thriving new energy sector in Canada, and to set a new standard for safe and responsible LNG production. As world events continue to demonstrate, a reliable supply of responsibly produced energy should never be taken for granted. We're proud to be part of the effort to help Canada diversify its export markets and to deliver lower carbon energy to the world, for many decades to come." On making its final investment decision in October 2018, LNG Canada agreed to meet the Government of British Columbia 's conditions for LNG development in the province, to provide jobs, training opportunities and additional benefits to residents. Some of the benefits LNG Canada has delivered to British Columbians and Canadians over the span of construction include: More than 50,000 Canadians have directly contributed to building LNG Canada Phase 1. The connecting Coastal GasLink pipeline employed more than 25,000 Canadians. In operations, more than 300 full-time, permanent LNG Canada jobs have been created. The cumulative value of LNG Canada's contracts and subcontracts to local, Indigenous and other businesses in B.C. to date has exceeded CAD$5.8 billion; this includes more than CAD$4.9 billion to Indigenous-owned and local area businesses. It includes a CAD$500 million contract with HaiSea Marine, a joint venture between the Haisla Nation and North Vancouver-based Seaspan providing harbour and escort tugboat services to LNG Canada with its innovative fleet of battery-powered and low emissions vessels. LNG Canada has to date invested more than CAD$10 million in workforce development programs—meaningful trades training and development programs designed to increase the participation of local area residents, Indigenous communities and British Columbians in trades and construction-related activities including but not limited to the LNG Canada project. We have also contributed more than CAD$13 million to programs and equipment benefiting Kitimat, Terrace and First Nations communities, and enabled and supported the addition of new long-term housing in the Kitimat and Terrace region. LNG Canada and its JVPs continue to explore pathways for a potential Phase 2 expansion, which may include the construction of two additional LNG trains, resulting in a total plant capacity of 28 mtpa. Each LNG Canada joint venture participant will provide its own natural gas supply and individually offtake and market their respective share of liquified natural gas from LNG Canada, starting today. Haisla Nation Chief Councillor Crystal Smith: "Congratulations to our partner LNG Canada on this monumental day. This milestone is a testament to what can happen when industry elevates and respects the role of Indigenous communities in major projects. When LNG Canada first came to our territory over a decade ago, they, unlike so many others, chose to build a relationship first before even considering building a project. They focused on understanding what mattered first and foremost to Haisla Nation, and to Indigenous communities in the region. So much has changed for our community since that first meeting. Our people, our country and the world are better off today, and will be for decades to come. Congratulations to LNG Canada. We look forward to a long and lasting partnership." Prime Minister of Canada Mark Carney: "Canada has what the world needs. With LNG Canada's first shipment to Asia, Canada is exporting its energy to reliable partners, diversifying trade, and reducing global emissions — all in partnership with Indigenous Peoples. By turning aspiration into action, Canada can become the world's leading energy superpower with the strongest economy in the G7." British Columbia Premier David Eby: "At a time when B.C. jobs are under attack, it's more important than ever that we get our resources to global markets and reduce our reliance on the United States. LNG Canada's first cargo shipment to Asia marks a major milestone in our efforts to build a stronger, more diversified economy that creates those good jobs and makes us all better off. With abundant resources the world needs and a strategic location to deliver them, shovel-ready projects like this are how B.C. will become the engine of a newly revitalized, more independent, and growing Canada." Response from LNG Canada's Joint Venture Participants: Shell "Today marks a significant achievement for LNG Canada, with the first shipment of liquified natural gas departing from the facility on Canada's west coast," said Cederic Cremers, Shell's President for Integrated Gas. "LNG Canada is a testament to how responsible energy development can create lasting and positive impacts for local communities and First Nations while delivering essential energy to the world." PETRONAS "As a customer-focused global energy leader committed to innovation, PETRONAS is proud to be part of LNG Canada – a world-class first-of-its-kind facility. With this new supply node, we are advancing secure, reliable, and responsibly sourced LNG to meet our customer needs and support global energy demand," said Adif Zulkifli, Executive Vice President and Chief Executive Officer of Gas & Maritime Business, PETRONAS. "This milestone is a result of years of perseverance to realise our vision for Canadian LNG exports to the Asia Pacific region, and we are excited to celebrate this moment with LNG Canada, our other joint venture partners, the Haisla Nation, Kitimat community, and Canadians at large." Mitsubishi Corporation "This first cargo highlights our commitment to providing stable energy supplies to global customers while generating economic and societal value through our LNG project. It's a proud moment for all involved," said Masaru Saito, Group CEO of Environmental Energy Group. "This remarkable achievement will contribute not only to the further development of the local economy but also to the long-term employment landscape, making it a significant driver for the Canadian economy." PetroChina Canada Limited "PetroChina is proud to be a joint venture participant in this major milestone for Canada's energy industry and the global energy transition," said Zhiyong Liu, President and CEO of PetroChina Canada. "The production of LNG Canada represents the culmination of world-class technological integration and a new chapter in global energy collaboration. It will play a vital role in stabilizing global energy supply and accelerating the path to a lower carbon future." KOGAS "The first cargo from LNG Canada represents a monumental milestone for our partners and demonstrates the strong commitment of British Columbia and Canada and the strong participation of First Nations and local communities," said Yeonhye Choi, President and CEO, KOGAS. "We congratulate our partners and stakeholders and express our gratitude to the project contractors. We are confident that LNG Canada will demonstrate the highest standards of safety, reliability and competitiveness." Media Kit containing high resolution photographs and video: media kit | LNG Canada About LNG Canada LNG Canada operates a liquefied natural gas (LNG) export facility in Kitimat, British Columbia, Canada, in the traditional territory of the Haisla Nation. Today, LNG Canada produces LNG from two processing units, referred to as "trains." LNG Canada is a joint venture comprised of Shell plc, through its affiliate Shell Canada Energy (40%); PETRONAS, through its wholly-owned entity, North Montney LNG Limited Partnership (25%); PetroChina Company Limited, through its subsidiary PetroChina Kitimat LNG Partnership (15%); Mitsubishi Corporation, through its subsidiary Diamond LNG Canada Partnership (15%); and Korea Gas Corporation, through its wholly-owned subsidiary Kogas Canada LNG Partnership (5%). It is operated through LNG Canada Development Inc. About LNG Canada's Joint Venture Participants Shell is a global group of energy and petrochemical companies, employing around 96,000 people across more than 70 countries. It has activities ranging from oil and gas exploration and production to the marketing of fuels and lubricants, and research and development. As a leading global supplier, Shell manages every stage of the LNG value chain—from discovering and extracting natural gas, to liquefaction, shipping, regasification, and delivering it directly to customers. PETRONAS is a fully integrated energy company with extensive experience in LNG. Through its wholly owned upstream energy company, Progress Energy Canada Ltd and its partners, PETRONAS is one of the largest natural gas reserves owner in Canada – with the majority of these reserves in the North Montney natural gas formation in northeast British Columbia. The North Montney LNG Limited Partnership is a wholly-owned entity of PETRONAS. Mitsubishi Corporation is a global integrated business enterprise that develops and operates business together with its offices and subsidiaries worldwide. MC has eight Business Groups that operate across virtually every industry: Environmental Energy, Material Solution, Mineral Resources, Urban Development and Infrastructure, Mobility, Food Industry, Smart-Life Creation, and Power Solution. Mitsubishi Corporation has been investing in LNG since 1969 and currently has interests in 13 LNG projects worldwide, capable of meeting approximately 20% of Japan's LNG demand. PetroChina Company Limited (PetroChina) is one of the world's major oil and gas producers and distributors and a significant player in the global LNG industry. PetroChina is engaged in a wide range of activities related to oil, gas, LNG and new energy, providing energy products which fuel economic and social development. While focusing on growing its core business through innovation and responsible corporate governance, PetroChina actively pursues opportunities for the low-carbon transformation, accelerating new advantages in green development. KOGAS is one of the world's largest LNG importers and South Korea's principal LNG provider, operating five LNG import terminals and a nationwide pipeline network. KOGAS has taken a new path of seeking opportunities to participate in the development of international upstream projects, as well as downstream businesses.
Cision Canada
2 hours ago
- Cision Canada
TELUS Announces Pricing of Cash Tender Offers for Eight Series of Debt Securities Français
VANCOUVER, BC, June 30, 2025 /CNW/ - TELUS Corporation (the "Company") announced today the pricing terms of its previously announced separate offers (the "Offers") to purchase for cash up to the Maximum Purchase Amount (as defined in the Offer to Purchase dated June 20, 2025 (the "Offer to Purchase"), as previously amended) of its outstanding notes of the series listed in the table below (collectively, the "Notes"). The Offers The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase relating to the Notes. Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase. The table below sets out the aggregate principal amount of Notes accepted for purchase, the Reference Yield and the Total Consideration in respect of the Notes validly tendered and accepted for purchase pursuant to the Offers for such Notes. ______________ (1) No representation is made by the Company as to the correctness or accuracy of the CUSIP number or ISIN listed in this news release or printed on the Notes. They are provided solely for convenience. (2) Reference Yield refers to the yield based on the bid-side price of the applicable Reference Security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 11:00 a.m. (Eastern time) on June 30, 2025. The sum of the Reference Yield and the Fixed Spread is referred to as the "Offer Yield". (3) Per C$1,000 principal amount of Notes validly tendered, and not validly withdrawn, at or prior to June 27, 2025 (the "Expiration Date") and accepted for purchase; excludes the Accrued Coupon Payment. The Financing Condition as described in the Offer to Purchase has been satisfied as a result of the closing of the Company's previously announced offering of junior subordinated notes in an aggregate principal amount of US$1.5 billion. Settlement Payment of the Total Consideration for the Notes accepted for purchase will be made by the Company on the "Settlement Date", which is expected to occur on July 3, 2025 (the "Settlement Date"). In addition to the Total Consideration, Holders whose Notes are accepted for purchase will receive a cash payment equal to the Accrued Coupon Payment, representing accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date. Holders whose Notes are accepted for purchase will lose all rights as a Holder of the tendered Notes and interest will cease to accrue on the Settlement Date for all Notes accepted in the Offer. Following consummation of the Offer, any Notes that are purchased in the Offer will be retired and cancelled and no longer remain outstanding. All Notes not accepted for purchase by the Company will be returned without cost to the tendering Holders. The Company has retained RBC Dominion Securities Inc. ("RBC"), BMO Nesbitt Burns Inc. ("BMO"), CIBC World Markets Inc. ("CIBC"), Scotia Capital Inc. ("Scotia") and TD Securities Inc. ("TD") to act as lead dealer managers and Desjardins Securities Inc., National Bank Financial Inc., J.P. Morgan Securities Canada Inc., SMBC Nikko Securities Canada, Ltd., Wells Fargo Securities Canada, Ltd. and ATB Securities Inc. to act as co-dealer managers (collectively, the "Dealer Managers") for the Offers. Questions regarding the terms and conditions for the Offers or for copies of the Offer to Purchase should be directed to RBC at 1-877-381-2099 (toll-free) or 1-416-842-6311 (collect), BMO at 1-833-418-0762 (toll-free) or 1-416-359-6359 (collect), CIBC at 1-416-594-8515 (collect), Scotia at 1-416-863-7438 (collect) or TD at 1-866-584-2096 (toll-free) or 1-416-982-6451 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers. Computershare Investor Services Inc. is acting as Tender Agent for the Offers. If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in CDS will be released. Offer and Distribution Restrictions The Offers were made solely pursuant to the Offer to Purchase. This news release does not constitute a solicitation of an offer to buy any securities in the United States. No Offer constitutes an offer or an invitation by, or on behalf of, TELUS or the Dealer Managers (i) to participate in the Offers in the United States; (ii) to, or for the account or benefit of, any "U.S. person" (as such term is defined in Regulation S of the U.S. Securities Act of 1933, as amended); or (iii) to participate in the Offers in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction, and such persons are not eligible to participate in or tender any securities pursuant to the Offers. No action has been or will be taken in the United States or any other jurisdiction that would permit the possession, circulation or distribution of this news release, the Offer to Purchase or any other offering material or advertisements in connection with the Offers to (i) any person in the United States; (ii) any U.S. person; (iii) anyone in any other jurisdiction in which such offer or solicitation is not authorized; or (iv) any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from the United States or any such other jurisdiction (except in compliance with any applicable rules or regulations of such other jurisdiction). Tenders will not be accepted from any holder located or resident in the United States. In any jurisdiction in which the securities laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TELUS or any of its subsidiaries. Forward-looking Statements This news release contains statements about future events, including statements regarding the terms and timing for completion of the Offers, including the expected Settlement Date. By their nature, forward-looking statements require us to make assumptions and predictions and are subject to inherent risks and uncertainties including risks associated with capital and debt markets. There is significant risk that the forward-looking statements will not prove to be accurate. Forward-looking statements are provided herein for the purpose of giving information about the Offers referred to above. Readers are cautioned that such information may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and the qualifications and risk factors as set out in our 2024 annual management's discussion and analysis and in our first quarter 2025 management's discussion and analysis and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at and in the United States (on EDGAR at The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law or the Offer to Purchase, TELUS disclaims any intention or obligation to update or revise forward-looking statements. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company operating in more than 45 countries and generating over C$20 billion in annual revenue with more than 20 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing more than 150 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Guided by our enduring 'give where we live' philosophy, TELUS, our team members and retirees have contributed C$1.8 billion in cash, in-kind contributions, time and programs including 2.4 million days of service since 2000, earning us the distinction of the world's most giving company. For more information, visit or follow @TELUSNews on X and @Darren_Entwistle on Instagram. Investor Relations Bill Zhang [email protected] Media Relations Steve Beisswanger [email protected]
Cision Canada
3 hours ago
- Cision Canada
KARNALYTE RESOURCES INC. ANNOUNCES ANNUAL AND SPECIAL MEETING VOTING RESULTS
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ SASKATOON, SK, June 30, 2025 /CNW/ - Karnalyte Resources Inc. (" Karnalyte" or the " Company") (TSX: KRN) announced today that all nominee directors listed in the management information circular dated May 26, 2025, were elected as directors of the Company at the annual and special meeting of the Company's shareholders held on June 30, 2025 (the " Meeting") in Saskatoon, Saskatchewan. At the meeting, 28,370,934 shares were voted, representing 53.24% of the Company's issued and outstanding common shares. The voting results for all matters brought forth at the Meeting are set out below. ELECTION OF DIRECTORS APPOINTMENT OF AUDITORS APPROVAL OF UNALLOCATED STOCK OPTION PLAN NUMBER OF SHARES VOTED IN FAVOR % IN FAVOR NUMBER OF SHARES VOTED AGAINST % AGAINST Unallocated Options 26,248,085 93.58 1,800,731 6.42 ABOUT KARNALYTE RESOURCES INC. Karnalyte Resources Inc. is a development stage company focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. Karnalyte owns the construction ready Wynyard Potash Project, with planned phase 1 production of 625,000 tonnes per year (" TPY") of high grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. Karnalyte is also exploring the development of the Proteos Nitrogen Project, which is a proposed small-scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (" MTPD") of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.
