Effective Cost Control and Rising Production to Underpin CNOOC's Earnings
Domestic conventional crude oil and gas remain crucial to CNOOC's profitability. The Bohai Bay operation is the company's most important asset, making up 39% and 8% of crude oil and gas production ...
China state oil group CNOOC's net profit surges on record output
South Korea's SK Hynix , the world's second-largest memory chip maker, said on Thursday that some customers have brought ...
China CNOOC's 2024 net profit rises 11% on record output
China's CNOOC Ltd posted a rise of 11.4% in 2024 net profit on record output despite weaker oil prices, as the state energy ...
Aramco Intensifies Pursuit Of Investment Opportunities In China
Saudi Aramco is actively seeking to expand its investments in China, focusing on energy, chemicals, and technology sectors, ...
Hydrocarbon Processing4d
China's Sinopec to prioritize risk control in Russian oil purchases
Top Chinese refining major Sinopec Corp. will prioritize "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies.
Sinopec’s Earnings Are Under Pressure Due to Weak Downstream Segments
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 ...
China's Sinopec to prioritise risk control in Russian oil purchases, exec says
Top Chinese refining major Sinopec Corp will prioritise "risk control" in purchasing Russian oil, which has similar quality ...
Opinion
Upstream Online5dOpinion
China's oil companies pay price for herd mentality in overseas push
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 ...
中国日报网5d
SOEs actively deploying DeepSeek AI models
Sinopec plans to leverage DeepSeek's high-quality programming ... calling on SOEs to focus on mastering core technologies and fostering original innovations. Three high-value application scenarios ...
【Press Release】Sinopec FY2024 Annual Results
(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 ...
TipRanks on MSN6d
Sinopec Declares Final Dividend for 2024
China Petroleum & Chemical Corporation has announced a final cash dividend of RMB 0.14 per share for the financial year ending December 31, 2024. The dividend will be paid on June 27, 2025, with ...
Sinopec FY2024 Annual Results
BEIJING, CN / ACCESS Newswire / March 23, 2025 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its annual results for the twelve ...