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5 days ago · Chinese refiner Sinopec posted a 52.1% year-on-year decline in net profit to 8.54 billion yuan ($1.2 billion) for the third quarter because of lower oil prices and weak refining margins.
- Sinopec's interim profit soars on stronger oil, gas prices
China Petroleum and Chemical Corp, or Sinopec Corp ,...
- Sinopec's interim profit soars on stronger oil, gas prices
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.
Aug 25, 2024 · China's Sinopec posted a 2.6% rise in net profit for the first half of the year as record oil and gas output compensated for falling domestic demand for refined fuel and petrochemicals.
- Colleen Howe
Aug 28, 2022 · China Petroleum and Chemical Corp, or Sinopec Corp , reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas prices despite...
4 days ago · Upstream, Sinopec’s crude oil output in the third quarter increased 0.3 percent to 211.29 million barrels, of which 190.42 million barrels came from China. Natural gas production rose 5.6 ...
Mar 25, 2024 · China’s largest oil refining company China Petroleum & Chemical Corp. aka Sinopec, recorded a 13% decline in its 2024 profits due to lower oil and gas prices. Sinopec reported FY 2024 net income...
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6 days ago · Sinopec, a Chinese refiner, reported a 52.1% drop in its net profit year-on-year to $8.54 billion yuan (US$1.2 billion) during the third quarter due to lower oil prices. Sinopec, the world's biggest refiner based on capacity, reported 790.4 billion Yuan in revenue for its third quarter, a 9.8% drop from the year before, according to a filing ...
