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Energy Insider: Shanghai Electric Probed for Disclosure Violations; Sinopec Builds China’s Largest Carbon-Capture Project In today’s Caixin energy news wrap: Coal-rich Shanxi province plans to expand government coal reserves by 3 million tons this year; provinces move to curb steel production; China’s largest carbon capture project starts construction in Shandong; and a leading energy equipment maker is under investigation. Sinopec builds China’s largest carbon-capture project State energy giant Sinopec started building a carbon capture, utilization and storage (CCUS) project in Eastern China’s Shandong province, the largest of its kind in the country, the company said. The project, to be put into operation by the end of 2021, is expected to reduce carbon emissions by 1 million tons a year. The project consists of two parts – Sinopec Qilu s carbon dioxide capture and Shengli Oilfield s carbon dioxide displacement and storage. Sinopec Qilu captures carbon dioxide and t

Chan weiSinopec qiluBob simisonShanghai electric groupNational developmentReform commissionPower investment corpHuayang new material technology groupLuan chemical groupJinneng holding groupGuizhou xineng electric power construction coChina securities regulatory commissionEnergy holdings ltdCoal rich shanxiEastern chinaShengli oilfield