Saudi Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources ...

Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years. The move ...

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 new energy vehicle (NEV) industry.

The Qingdao-based project is projected to boost offshore power and help cut emissions by 14,000 tonnes annually.

China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its interim results for the six months ended 30 June 2023.

China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028; NYSE:SNP) today announced its interim results for the six months ended 30 June 2022.

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 ...

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 ...

Sinopec’s annual profits declined 13%, after oil prices fell and Chinese refiners posted a record year for processing and imports.. China’s largest fuel processor, officially known as China ...

Sinopec plans to boost its hydrogen refueling network as the state-owned oil giant tries to carve out a role in China’s transition to cleaner energy. China Petroleum & Chemical Corp., as the ...

Sinopec would retain 70.01% of the retail unit, which operates more than 30,000 gasoline stations and 23,000 convenience stores in some of the richest areas of China. The unit, Sinopec Sales, also ...

The Chinese oil major, better known as Sinopec, said Sunday that net profit for the year rose to 71.975 billion yuan ($11.31 billion) from CNY33.44 billion in 2020 as demand and gross margins of ...