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New International CCUS Alliance Formed Under Sinopec's Leadership to Accelerate Climate Action
BEIJING, July 14, 2025 /PRNewswire/ -- On July 11, the Members Assembly and the Inauguration for International CCUS (Carbon Capture, Utilization, and Storage) Technology Innovation & Cooperation Organization ("ICTO") was successfully hosted in Beijing, led by China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") under the guidance of China Association for Science and Technology (CAST).
Gathering the strength of the world's leading think tanks, ICTO brings together 50 influential enterprises, industry associations, research institutions, and expert academicians to establish a global platform of sharing and exchanges to drive the technological innovation and application of CCUS, jointly building a community with a shared future for humanity in addressing climate change. With the core mission of Innovating For Carbon Pathway, Sharing The Future, the organization aims to establish a credible, influential and authoritative global collaborative network.
More than 90 representatives from 12 countries across the four continents attended the inauguration. The conference reviewed and approved the Charter of the International Technology Innovation Cooperation Organization for Carbon Capture, Utilization, and Storage and elected the first assembly, including director, deputy director and general secretary. Ma Yongsheng, academician of the Chinese Academy of Engineering and chairman of Sinopec, was elected the director of the first assembly.
"The establishment of ICTO not only demonstrates the global community's firm commitment to tackle climate change, but also is a collective declaration of tangible action," said Ma Yongsheng. "We will actively listen to all parties and foster in-depth dialogue and substantial cooperation to pave the way for mutual success, making CCUS a true accelerator for global carbon neutrality."
Addressing climate change and achieving net-zero collectively is now a global consensus, with 151 countries having proposed climate targets such as carbon neutrality or net-zero carbon. CCUS boasts significant potential to realize large-scale emissions reduction, and it's contributing to about 15 percent of cumulative emissions reduction needed to meet the carbon neutrality goals, and to achieve that, CCUS project capacity needs to increase by over 100 times before 2050.
Sinopec's been spearheading China's CCUS industry, from launching China's first project at Shengli Oilfield in 2012 to pioneering COâ‚‚ resource integration across its operations in 2015. It further solidified this leadership by putting China's first megaton-scale CCUS project into commercial operation in 2022 and completing the nation's first long-distance COâ‚‚ transmission pipeline in 2023.
Photo - https://mma.prnasia.com/media2/2730244/image.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/960416/SINOPEC_Logo.jpg?p=medium600
New International CCUS Alliance Formed Under Sinopec's Leadership to Accelerate Climate Action
BEIJING, July 14, 2025 /PRNewswire/ -- On July 11, the Members Assembly and the Inauguration for International CCUS (Carbon Capture, Utilization, and Storage) Technology Innovation & Cooperation Organization ("ICTO") was successfully hosted in Beijing, led by China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") under the guidance of China Association for Science and Technology (CAST).
Gathering the strength of the world's leading think tanks, ICTO brings together 50 influential enterprises, industry associations, research institutions, and expert academicians to establish a global platform of sharing and exchanges to drive the technological innovation and application of CCUS, jointly building a community with a shared future for humanity in addressing climate change. With the core mission of Innovating For Carbon Pathway, Sharing The Future, the organization aims to establish a credible, influential and authoritative global collaborative network.
More than 90 representatives from 12 countries across the four continents attended the inauguration. The conference reviewed and approved the Charter of the International Technology Innovation Cooperation Organization for Carbon Capture, Utilization, and Storage and elected the first assembly, including director, deputy director and general secretary. Ma Yongsheng, academician of the Chinese Academy of Engineering and chairman of Sinopec, was elected the director of the first assembly.
"The establishment of ICTO not only demonstrates the global community's firm commitment to tackle climate change, but also is a collective declaration of tangible action," said Ma Yongsheng. "We will actively listen to all parties and foster in-depth dialogue and substantial cooperation to pave the way for mutual success, making CCUS a true accelerator for global carbon neutrality."
Addressing climate change and achieving net-zero collectively is now a global consensus, with 151 countries having proposed climate targets such as carbon neutrality or net-zero carbon. CCUS boasts significant potential to realize large-scale emissions reduction, and it's contributing to about 15 percent of cumulative emissions reduction needed to meet the carbon neutrality goals, and to achieve that, CCUS project capacity needs to increase by over 100 times before 2050.
Sinopec's been spearheading China's CCUS industry, from launching China's first project at Shengli Oilfield in 2012 to pioneering COâ‚‚ resource integration across its operations in 2015. It further solidified this leadership by putting China's first megaton-scale CCUS project into commercial operation in 2022 and completing the nation's first long-distance COâ‚‚ transmission pipeline in 2023.
Photo - https://mma.prnasia.com/media2/2730244/image.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/960416/SINOPEC_Logo.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Beijing Hosts Inauguration of ICTO, Uniting 50 Global Leaders to Advance CCUS Innovation
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DUBAI, UAE, Jan. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce its New Year Edition Daily Treasure Hunt, an exclusive six-week rewards program powering traders to build early momentum heading into 2026.
The New Year special edition Bybit Daily Treasure Hunt comes with early registration and an extended timeline tiding users over from December 30, 2025 all the way to February 9, 2026. A series of highlights spans daily trading tasks to earn points, unlimited daily draws, and grand prizes including BTC, and Bybit VIP Trial Passes.
All Paths Lead to Rewards
To start earning points, eligible Bybit users may register for the event and pick a rewards path based on their trading styles and preferences:
- Building Daily Trading Momentum: Traders can earn points through completing daily tasks, starting with trades as small as 10 USDT, with extra rewards for consistency by achieving consecutive trading days.
- Exploring Bybit for More Points: Engaging with Bybit's product ecosystem and platform features for extra points.
- Alpha Quests: Embarking on limited-time alpha missions and complete special missions featuring new Bybit products for accelerated point accumulation.
Throughout a treasure-hunting season full of surprises for Bybit's versatile traders, the points earned will convert to tangible value through various reward mechanisms:
- Unlimited Scratch Cards: 50 points per draw with no daily limits from a pool of 1,000,000 cards
- Hot Token Rewards: Access to a curated New Year prize pool featuring trending tokens
- Elite Rewards: High-value rewards including BTC, VIP Trial Passes, and Hot Token airdrops
Getting a headstart in 2026 stands to be both rewarding and fun for traders at Bybit. The special-edition Daily Treasure Hunt aspires to ring in a winning year for Bybit users as they explore the digital asset class and level up their trading skills.
Terms and conditions apply. For details on eligibility and potential restrictions, users may visit: [New Year Edition] Daily Treasure Hunt: Find your alpha
#Bybit / #CryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, Jan. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce its New Year Edition Daily Treasure Hunt, an exclusive six-week rewards program powering traders to build early momentum heading into 2026.
The New Year special edition Bybit Daily Treasure Hunt comes with early registration and an extended timeline tiding users over from December 30, 2025 all the way to February 9, 2026. A series of highlights spans daily trading tasks to earn points, unlimited daily draws, and grand prizes including BTC, and Bybit VIP Trial Passes.
All Paths Lead to Rewards
To start earning points, eligible Bybit users may register for the event and pick a rewards path based on their trading styles and preferences:
- Building Daily Trading Momentum: Traders can earn points through completing daily tasks, starting with trades as small as 10 USDT, with extra rewards for consistency by achieving consecutive trading days.
- Exploring Bybit for More Points: Engaging with Bybit's product ecosystem and platform features for extra points.
- Alpha Quests: Embarking on limited-time alpha missions and complete special missions featuring new Bybit products for accelerated point accumulation.
Throughout a treasure-hunting season full of surprises for Bybit's versatile traders, the points earned will convert to tangible value through various reward mechanisms:
- Unlimited Scratch Cards: 50 points per draw with no daily limits from a pool of 1,000,000 cards
- Hot Token Rewards: Access to a curated New Year prize pool featuring trending tokens
- Elite Rewards: High-value rewards including BTC, VIP Trial Passes, and Hot Token airdrops
Getting a headstart in 2026 stands to be both rewarding and fun for traders at Bybit. The special-edition Daily Treasure Hunt aspires to ring in a winning year for Bybit users as they explore the digital asset class and level up their trading skills.
Terms and conditions apply. For details on eligibility and potential restrictions, users may visit: [New Year Edition] Daily Treasure Hunt: Find your alpha
#Bybit / #CryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
New Year Special: Bybit Daily Treasure Hunt Kicks Off 2026 with Six Weeks of Rewards
