The chairmen of PetroChina, Sinopec, and CNOOC are retiring, sparking a high-stakes succession battle. While internal ...

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 ...

China’s state oil major Sinopec reported a net profit of almost $7 billion for 2024, which represented a 16.8% decline on the year, attributed to lower oil prices and electric cars.

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 ...

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 ...

(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 ...

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 ...

BEIJING: China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8 percent decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated development of the new ...

[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 ...

BEIJING, March 23 (Reuters) - China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated ...