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Sinopec is currently working on a comprehensive exploration and development plan at Zhongyuan Oilfield for the Upper Permian shale gas in Puguang to aid in resources transformation.
Sinopec said last week that its 2024 throughput fell 2% from 2023, in tandem with a broader and rare decline in Chinese refinery output as the world's second-largest refining industry contends ...
China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its interim results for the six months ended 30 June 2023.
China's Sinopec posted a 2.6% rise in net profit for the first half of the year as record oil and gas output compensated for falling domestic demand for refined fuel and petrochemicals.
China's largest oil refiner intends to sell a nearly 30% stake in its sales-and-marketing unit to 25 investors for $17.5 billion, as Beijing injects private capital into state-owned enterprises to ...
Sinopec has also benefited from the country moving to a more market-oriented pricing mechanism that better matches petrol product pricing to input costs.
An ESG case from China’s Sinopec was awarded the Best Case in the Environmental Protection category at the first Sino-European Corporate ESG Best Practice Conference held in Frankfurt, Germany ...
Sinopec said it would reduce capital spending 4.2% this year as the oil refiner reported a 3.4% increase in 2013 net.
Sinopec’s annual profits declined 13%, after oil prices fell and Chinese refiners posted a record year for processing and imports.
Higher oil and natural gas production, and commodity prices aid Sinopec's (SNP) 1H earnings.
China Petroleum & Chemical Corp., or Sinopec, seems to be leading the way in the latest round of state-owned enterprise reform. The oil refining conglomerate agreed to sell a 107 billion yuan ...