French oil giant TotalEnergies SE and Chinese conglomerate China Petroleum and Chemical Corporation, or Sinopec, on Tuesday said they have signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies. Under the deal, the two companies plan to combine their research and development expertise in biofuels and green hydrogen as well as carbon capture, utilization and storage (CCUS) and decarbonization. The two companies have been working together for many years, mainly in Angola and Brazil in upstream operations, and more generally in various domains of oi…