China's Sinopec Corp is setting up a new entity to invest in refinery and petrochemical assets overseas in a bid to leverage its expertise and deep pockets to expand globally as local Chinese oil ...

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 ...

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 Petroleum & Chemical Corporation SNP, also known as Sinopec, reported total revenues of 1,612,126 million yuan for the first half of 2022, up 27.9% year over year. The integrated energy ...

After Aubrey McClendon got Sinopec Chairman Fu Chengyu a high-profile seat on the floor at Chesapeake Arena for game two of the NBA Finals (that's Fu's head next to Derek Fisher's in this picture ...

Chinese oil giant Sinopec has signed a joint project agreement with a subsidiary of Saudi Aramco to operate ports, transport crude oil, and provide related sector services. The new joint venture ...

Sinopec would retain 70.01% of the retail unit, which operates more than 30,000 gasoline stations and 23,000 convenience stores in some of the richest areas of China. The unit, Sinopec Sales, also ...

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's EBITDA covered its interest expense by 10 times in 2024, with net gearing ratio of 0.19 times at end ...

Sinopec said it would reduce capital spending 4.2% this year as the oil refiner reported a 3.4% increase in 2013 net. Chinese Oil Refiner Reports Increased Profit Skip to Main Content ...