BEIJING (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 new energy ...

China Petroleum & Chemical, better known as Sinopec, is the listed arm of one of China's two integrated oil majors and one of Asia's largest refiners and chemical companies in terms of revenue.

China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market.

(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 saw net income fall to 49 ...

Saudi Aramco has signed a deal with China’s Sinopec to expand a petrochemicals complex operated by their Yasref joint venture on the kingdom’s western coast, the Saudi state oil company said ...

The agreement, announced Wednesday, will see the two energy giants move forward with engineering studies for a fully integrated petrochemical complex at the Yanbu Aramco Sinopec Refining Company ...

Saudi oil giant Aramco and China’s top refiner, Sinopec, will expand a joint venture petrochemicals complex in Saudi Arabia under an agreement signed on Wednesday. Aramco and China Petroleum ...

A drill site of Sinopec's Shengli Oilfield in Dongying, Shandong province. WANG GUOZHANG/FOR CHINA DAILY In a strategic move to boost capacity to meet the escalating global demand for high-quality ...

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 ...

DUBAI, April 9 (Reuters) - Saudi Aramco has signed a deal with China's Sinopec to expand a petrochemicals complex operated by their Yasref joint venture on the kingdom's western coast, the Saudi ...