The first to exit is Ma Yongsheng, the 64-year-old chairman of Sinopec. A seasoned geologist and key figure in China’s ...

NET PROFIT: The Chinese state-controlled oil company is likely to post full-year profit of 166.23 billion yuan, equivalent to $22.90 billion, according to the consensus estimate of analysts polled by ...

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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-2024 ...

Spurred by past government calls to invest overseas, Chinese oil companies at times overpaid for assets that have underperformed or face geopolitical risks, and are now being sold en masse at knockdow ...

China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening ...

Oil prices have climbed this week and could go even higher as OPEC+ attempts to control supply and Trump squeezes Iran's oil ...

The financial landscape of China is about to be illuminated as major corporate giants prepare to disclose their quarterly and annual earnings for 2024. These unveilings are set to reveal critical ...

CAS, a division of the American Chemical Society (ACS) specializing in scientific knowledge management, is excited to ...

Chinese refinery output increased by 2.1% in the first two months of the year, driven by state-owned refineries and holiday ...

Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two ...

Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two ...