Carbon capture will be used to drive enhanced oil recovery at Shengli oilfield
China set to start up megaton CCUS project
The development is aimed at providing enhanced oil recovery for Shandong’s Shengli oilfield
Chinese state-owned major Sinopec is close to completing China’s first megaton-class carbon capture, utilisation and storage (CCUS) project, but the country remains far from the large-scale development needed to meet its net-zero goals. Sinopec, Asia’s largest refiner, will soon commence operations at the project, located in the mature Shengli oilfield in the eastern province of Shandong, company chairman Ma Yongsheng told state media this week. The facility will be able to sequester 1mn t/yr of CO₂. Sinopec’s Qilu refinery will capture high-concentration CO₂, which will then be transported 80km to the Shengli oilfield and injected 3,000-4,000m underground for enhanced oil recovery (EOR). Th
Also in this section
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
