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

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 development ...

Taking a leadership position among the world's major integrated petroleum and petrochemical companies, Zhang Yuzhuo, chairman of Sinopec, announced that Sinopec guarantees to reach carbon ...

China Petroleum and Chemical Corp has recently completed an expansion of its hydrogen fuel cell supply center in Guangzhou, ...

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: Wang Tianpu (pic), former general manager of oil giant China Petroleum and Chemical Corp, also known as Sinopec, was sentenced to 15 and a half years in prison for bribery and ...

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 ...

SINGAPORE (Reuters) -- Sinopec said on Monday that the Chinese government has certified about 180 million tonnes, or about 1.3 billion barrels, of new geological reserves at two of its shale oil ...

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 ...

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 ...