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.

(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.

Here is what you need to know: NET PROFIT: The Chinese oil major, also known as Sinopec, is likely to post profit of 56.21 billion yuan, equivalent to $7.76 billion, according to the consensus ...

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 ...

(Bloomberg) -- Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak. The country’s biggest refiner’s net income fell to 49 ...

QUITO, March 3 (Reuters) - Ecuador's government awarded an onshore oil contract to a consortium led by China's state-owned producer Sinopec (600028.SS), opens new tab on Monday, in a push to grow ...

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 ...

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 ...