• Sinopec launched an Initiative for Cooperation on Low-Carbon Energy Development to deepen global collaboration on carbon capture, utilization and storage.
• Move was announced at the 2026 International CCUS Technology Conference in Astana, backed by Kazakhstan’s energy ministry, ICTO, Nazarbayev University.
• Plan targets closer alignment on CCUS technologies, standards, professional exchanges to accelerate deployment.
• Sinopec highlighted existing assets, including a 100-kilometer dense-phase CO2 pipeline, a 1 million-metric-ton integrated CCUS project.
• Company is studying a 10 million-metric-ton open-access CCUS cluster with Shell, BASF, China Baowu; preparing a 1 million-metric-ton Shengli project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Petroleum & Chemical Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CN41030) on September 04, 2026, and is solely responsible for the information contained therein.