Top Chinese refining major Sinopec Corp will prioritise "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies, a top company executive said ...

By Colleen Howe 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 ...

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.

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 ...

Sinopec Shengli oilfield branch vice-president and chief geologist Liu Huimin said: "Through 150,000 times of indoor experiments, we developed the theory of shale oil enrichment in continental ...

In 2024, Sinopec reported record highs in terms of oil and gas equivalent production, crude oil processing volume, kerosene production, and domestic oil and gas reserve replacement rate ...

Shengli Oilfield leads exploration breakthroughs with theoretical innovation, stimulates cost reduction and efficiency improvements with technological progress, and boosts both quantity and ...

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 ...

Sinopec discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes.

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, April 1, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") officially disclosed the Company's operating revenue in accordance with International Financial ...

BEIJING, March 23 (Reuters) - China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated ...