The Chinese state-owned oil-and-gas major, also known as Sinopec, said Sunday that its net profit for the year was down 17% to 50.31 billion yuan, equivalent to $6.94 billion. A consensus in a ...

(RTTNews) - China Petroleum & Chemical Corporation or Sinopec Corp. reported that its IFRS net income attributable to shareholders of the company for fiscal year 2024 declined to RMB 48.939 ...

Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak The country’s biggest refiner saw net income fall to 49 billion yuan ($6.8 ...

China’s authorities have certified 1.3 billion barrels of new reserves at Sinopec’s two shale plays in the eastern part of the country, the Chinese state-controlled giant said on Monday.

The aim of the partnership is to carry out a program of minimum research and appraisal work to develop hydrocarbons in the Hassi Berkane North perimeter. Sonatrach and Sinopec International Energy ...

HONG KONG -- Sinopec Shanghai Petrochemical, one of the largest crude oil buyers in China, revealed on Thursday that it has reduced its purchases from Russia during the first quarter after more ...

BEIJING, March 24 (Reuters) - China Petroleum & Chemical Corp, known as Sinopec, reported a 16.8% decline in 2024 net profit, citing lower crude oil prices and the accelerated development of the ...

[BEIJING] China Petroleum & Chemical Corporation, known as Sinopec, reported a 16.8 per cent decline in 2024 net profit, citing lower crude oil prices and the accelerated development of the new energy ...