Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak.

(23 March 2025, Beijing, China) China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its annual results for the twelve months ended 31 ...

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general ...

The company is considering constructing either a 160,000 barrels per day (bpd) refinery or two phased 100,000bpd plants, primarily producing gasoline and diesel. Sinopec has been requesting more ...

CAIRO, Feb 25 (Reuters) - Algeria's state oil and gas firm Sonatrach and China's Sinopec signed a contract for hydrocarbon development and exploration worth $850 million in the north African ...

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.

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 ...

China’s pushing its oil refiners to reduce fuel output, raising new questions about demand in the largest importing nation just as the world’s drillers need buyers for the extra barrels they’re adding ...

China’s Sinopec International Energy has secured a production sharing contract (PSC) covering the Hassi Berkane North licence in Algeria and will plough $850 million into exploration and ...

Sinopec's Shengli Petroleum Engineering Company has completed local deployment testing of DeepSeek's newly launched inference model R1 and multimodal framework Janus Pro. They will be fully ...

HONG KONG -- The Hong Kong-listed shares of Sinopec Engineering Group closed down 6.9% on Monday after plunging as much as 8.9% during the day, while its chairman offered a relatively candid take ...