Sinopec Corp.(SH:600028) Qi Lu Wan Bao·2025-05-29 22:12Core Viewpoint - The recent development of carbon footprint accounting guidelines and practical manuals for oil and gas products by Shengli Oilfield aims to standardize carbon footprint calculations and promote carbon emission reduction across the domestic upstream oil and gas industry [1][2]. Group 1: Carbon Footprint Accounting Guidelines - Shengli Oilfield has led the compilation of guidelines for carbon footprint accounting of domestic upstream oil and gas products, which includes defining boundaries, allocation rules, calculation methods, and data quality requirements [1]. - The guidelines have been fully implemented across 17 oil and gas development units, achieving comprehensive carbon footprint accounting certification in the domestic oil and gas sector [1]. Group 2: Carbon Emission Reduction Initiatives - The purpose of carbon footprint accounting is to identify key stages in the production process that impact carbon emissions, thereby uncovering potential reduction opportunities [2]. - Shengli Oilfield has established a "Carbon Peak and Carbon Neutrality Action Plan" in 2022, outlining four work paths and 17 key measures to enhance carbon footprint management and reduce emissions across the entire industry chain [2]. - In 2023, the oilfield launched the first energy and carbon emission control center in the domestic oil and gas industry, enabling online monitoring of energy use and carbon emissions across various operational systems [2]. Group 3: Carbon Emission Composition and Monitoring - Analysis of carbon footprint composition indicates that injection, oil extraction, and transportation account for 35.4%, 22.6%, and 8% of carbon emissions, respectively, highlighting key areas for emission control [2]. - Shengli Oilfield has set 55 key monitoring indicators to regularly conduct on-site diagnostic analyses aimed at optimizing energy consumption and reducing carbon emissions [2]. Group 4: Demonstration Projects and Achievements - Since 2022, Shengli Oilfield has established several demonstration projects to reduce carbon footprints, including the first million-ton CCUS (Carbon Capture, Utilization, and Storage) full industry chain demonstration base and the first "carbon neutral" crude oil storage facility in China [3]. - During the 14th Five-Year Plan period, the total carbon emissions and intensity from Shengli Oilfield have continued to decrease, with a commitment to achieving increased production without increasing energy consumption or carbon emissions [3].