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1. www.chinadaily.com.cn › a › 202411Oil giants diversify revenue sources - Chinadaily.com.cn

   www.chinadaily.com.cn › a › 202411

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   2 days ago · Of this, PetroChina reported a net profit attributable to parent company shareholders of 132.52 billion yuan, Sinopec reported 44.25 billion yuan, and CNOOC reported 116.66 billion yuan. Analysts ...

2. Top stories

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     Bloomberg via Yahoo

     China’s Steel and Oil Industries Bear Brunt of Tepid Economy

     6 days ago

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     Reuters

     PetroChina's Q3 profit down 5.3% on fuel sales decline, lower oil prices

     5 days ago

   • Reuters

     Australia's Origin Energy first-quarter APLNG revenue rises on higher sales, prices

     Australia's Origin Energy reported on Thursday a 4% sequential rise in the first-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project, driven by strong gas prices and sales.

     3 days ago

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3. www.hydrocarbonprocessing.com › news › 2024Sinopec's 3Q earnings fall 52.1% on lower oil prices ...

   www.hydrocarbonprocessing.com › news › 2024

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   6 days ago · The world's largest refiner by capacity, Sinopec's third-quarter revenue was 790.4 B yuan, down 9.8% from a year earlier, the company said in a stock market filing on Monday. Also on Monday, domestic peer and offshore oil and gas major CNOOC Ltd. reported a 9% increase in quarterly profit to 36.93 B yuan as higher output offset lower prices.

4. Videos

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     Sinopec, China Petroleum & Chemical Corporation

     22 Oct 2021

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     Sinopec Strikes a Major Discovery of Oil and Gas in Xinjiang

     30 Aug 2021

     781 views

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     Sinopec Working to Help Ensure China's Energy Supply: Chairman

     18 Jan 2022

     637 views

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5. www.morningstar.com › company-reports › 1248297-weakWeak Downstream Segments Continue to Drag Sinopec's Earnings

   www.morningstar.com › company-reports › 1248297-weak

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   5 days ago · Thus, we forecast Sinopec’s long-term refining margin will be at USD 7.00 in 2028. The operating margin in the chemicals segment has eased from the 2017 level of 6.2% to 2.2% in 2021 and was ...

6. www.rigzone.com › news › sinopec_q3_profit_halvedSinopec Q3 Profit Halved Year-on-Year as Refining Margins Fall

   www.rigzone.com › news › sinopec_q3_profit_halved

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   4 days ago · The state-backed integrated energy company dipped 0.16 percent to CNY 6.44 ($0.9) Monday and opened at CNY 6.32 ($0.88) Tuesday on the Shanghai Stock Exchange. ... Sinopec’s crude oil output in ...

7. www.energyintel.com › 00000192-d832-d095-afde-d8fSinopec, PetroChina Hit Hard by China’s Slowing Oil Demand

   www.energyintel.com › 00000192-d832-d095-afde-d8f

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   5 days ago · Lower refining and chemicals demand contributed to a sharp drop in Sinopec’s third-quarter profit to 8.03 billion yuan ($1.13 billion) from a year ago. PetroChina, whose parent company, China National Petroleum Corp., is the country’s largest upstream producer, fared better thanks to the performance of its upstream and gas sales segments.

8. global.chinadaily.com.cn › a › 202112Sinopec starts world's largest green hydrogen plant

   global.chinadaily.com.cn › a › 202112

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   4 days ago · The project is expected to reduce carbon dioxide emissions by 485,000 tons each year and help further facilitate China's efforts to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, said the domestic oil giant, also known as Sinopec, the world's top refiner by capacity.

9. People also ask

   Is Sinopec a petrochemical company?

   • Formally known as China Petroleum and Chemical, Sinopec was founded in the year 2000 in Beijing, China. The company conducts oil and gas exploration and produces petrochemicals. With annual revenues of $314 billion in 2018, it is the second-largest oil company in the world, according to Fortune.

   The Biggest Private Oil Companies in the World - Investopedia

   www.investopedia.com/articles/investing/013016/biggest-private-oil-companies-world.asp

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   Where are Sinopec lubricants produced?

   • Sinopec Lubricants are imported from China and Singapore for finishing and packaging. The product portfolio consists of engine oils, gear oils, hydraulic oils, greases, synthetic technology oils, automatic transmission oils, and marine oils which are widely applied in many industries.

   Interocean Lubricants - Sole Distributor for Sinopec in Sri Lanka

   www.iol.lk/

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   How much oil does Sinopec produce a year?

   • According to a 2018 Reuters report, the company was expected to produce nearly 300 million barrels of crude oil for the year. Sinopec is not entirely state-owned, as shares trade publicly on multiple exchanges including the New York Stock Exchange, Hong Kong Stock Exchange, and in Shanghai.

   The Biggest Private Oil Companies in the World - Investopedia

   www.investopedia.com/articles/investing/013016/biggest-private-oil-companies-world.asp

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   Who sells Egyptian oil to Sinopec?

   • "Apache sells Egyptian oil stake to Sinopec for $3.1 billion, forms global JV". Reuters. ^ "NIO and Sinopec enter strategic partnership; launch of inaugural Gen2 battery swap station". Green Car Congress. Retrieved 2023-04-05. ^ "Sinopec signs China's largest long-term LNG contract with U.S. firm". Reuters. 4 November 2021.

   Sinopec - Wikipedia

   en.wikipedia.org/wiki/Sinopec

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   What are Sinopec, CNPC, and CNOOC?

   • Sinopec, China National Petroleum Corporation (CNPC), and China National Offshore Oil Corporation (CNOOC) are the big 3 entities in the Chinese oil and gas industry.

   Sinopec: Cheap For A Reason

   seekingalpha.com/article/4525782-sinopec-cheap-for-reason

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   Did the US sell oil to a subsidiary of Sinopec?

   • The U.S sold oil to a subsidiary of Sinopec. On April 1, 2022, the U.S. Department of Energy announced a “price-competitive sale” of 30 million barrels of SPR (strategic petroleum reserve) crude oil. 16 companies submitted a total of 126 bids and the Departments elected 12 companies from them for the sale.

   Hunter Biden’s Connection to Sinopec Oil, Explained - Market Realist

   marketrealist.com/p/hunter-biden-sinopec-oil/

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10. www.reuters.com › markets › companies0386.HK - | Stock Price & Latest News | Reuters

    www.reuters.com › markets › companies

    3 days ago · Get China Petroleum & Chemical Corp (0386.HK) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments.