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     bnnbloomberg

     Sinopec Profits Slump as Oil Refining Suffers from Weak Economy

     6 days ago

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     Business Recorder

     Sinopec says it has secured 10% more gas for winter than a year earlier

     2 days ago

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     Rigzone

     Sinopec Q3 Profit Halved Year-on-Year as Refining Margins Fall

     5 days ago

   • Reuters

     Sinopec's Q3 earnings fall 52.1% on lower oil prices, refining margins

     Chinese refining giant Sinopec posted a 52.1% year-on-year decline in net profit for the third quarter to 8.54 billion yuan ($1.2 billion) because of lower oil prices and weak refining margins.

     6 days ago

   • 中国日报网

     Sinopec achieves shale oil production record

     2 weeks ago

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2. People also ask

   What is China Petroleum & Chemical Corp (Sinopec)?

   • The China Petroleum & Chemical Corp. (Sinopec) logo at a gas station in Shanghai, China on Friday, August 11, 2023. (Raul Ariano/Bloomberg) (Bloomberg) -- Sinopec’s third-quarter profits contracted as China’s biggest oil refiner increasingly finds itself under pressure from the nation’s economic woes and embrace of electrified transportation.

   Sinopec Profits Slump as Oil Refining Suffers from Weak Economy

   www.bnnbloomberg.ca/investing/2024/10/28/sinopec-profits-slump-as-oil-refining-suffers-from-weak-economy/

   See all results for this question

   Why did Sinopec decline?

   • REUTERS/Chris Helgren Purchase Licensing Rights BEIJING, Oct 28 (Reuters) - Chinese refining giant Sinopec posted a 52.1% year-on-year decline in net profit for the third quarter to 8.54 billion yuan ($1.2 billion) because of lower oil prices and weak refining margins.

   Sinopec's Q3 earnings fall 52.1% on lower oil prices, refining margins

   www.reuters.com/markets/commodities/sinopecs-q3-earnings-fall-521-lower-oil-prices-refining-margins-2024-10-28/

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   What does Sinopec stand for?

   • The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Purchase Licensing Rights

   Sinopec's Q3 earnings fall 52.1% on lower oil prices, refining margins

   www.reuters.com/markets/commodities/sinopecs-q3-earnings-fall-521-lower-oil-prices-refining-margins-2024-10-28/

   See all results for this question

   What was Sinopec's third quarter revenue?

   • The world's largest refiner by capacity, Sinopec's third quarter revenue was 790.4 billion yuan, down 9.8% from a year earlier, the company said in a stock market filing on Monday. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.

   Sinopec's Q3 earnings fall 52.1% on lower oil prices, refining margins

   www.reuters.com/markets/commodities/sinopecs-q3-earnings-fall-521-lower-oil-prices-refining-margins-2024-10-28/

   See all results for this question

   What happened to China Petroleum & Chemical Corp?

   • China Petroleum & Chemical Corp., as the firm is officially known, said its net profit fell to 8.03 billion yuan ($1.1 billion) in the third quarter, from 17.9 billion yuan a year earlier, according to an exchange filing Monday.

   Sinopec Profits Slump as Oil Refining Suffers from Weak Economy

   www.bnnbloomberg.ca/investing/2024/10/28/sinopec-profits-slump-as-oil-refining-suffers-from-weak-economy/

   See all results for this question

   Is China's economic slowdown affecting oil refining?

   • Oil refining is among the sectors that have borne the brunt of China’s economic slowdown, with cumulative losses for the industry totaling 32 billion yuan this year through September.

   Sinopec Profits Slump as Oil Refining Suffers from Weak Economy

   www.bnnbloomberg.ca/investing/2024/10/28/sinopec-profits-slump-as-oil-refining-suffers-from-weak-economy/

   See all results for this question

3. www.reuters.com › markets › commoditiesSinopec Q3 profit up 34% on higher refinery output, fuel sales

   www.reuters.com › markets › commodities

   Oct 26, 2023 · China's Sinopec Corp on Thursday reported a 34% rise in third-quarter net profit to 17.86 billion yuan ($2.44 billion) as higher refinery output and strong fuel sales offset lower realised oil...

   • Exclusive: China's Sinopec in talks for gas offtake, stake in ...

     LONDON/SINGAPORE, May 6 (Reuters) - China's Sinopec is in...

4. www.reuters.com › markets › dealsExclusive: China's Sinopec in talks for gas offtake, stake in ...

   www.reuters.com › markets › deals

   May 6, 2024 · LONDON/SINGAPORE, May 6 (Reuters) - China's Sinopec is in discussions with Pembina Pipeline Corp (PPL.TO) for a liquefied natural gas (LNG) offtake agreement and equity stake in the Canadian...

5. Videos

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     1:32

     scmp.com

     Oil giant Sinopec sets up entity to invest in overseas refineries as it eyes global expansion in the face of waning Chinese demand

     31 Aug 2023

   • 

     oilprice.com

     China’s Sinopec Chooses Aramco Gas Project Over Shell Singapore Refinery | OilPrice.com

     28 Aug 2023

   • 

     2:26

     youtube.com

     SINOPEC is one of the top five oil companies in the world. It is now open to individual users

     31 Oct 2023

     707 views

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6. www.reuters.com › markets › commoditiesExclusive: China's Sinopec charts global expansion with ...

   www.reuters.com › markets › commodities

   Apr 25, 2024 · Chinese state energy giant Sinopec is pushing for greater access to Sri Lanka's market, where rival India is also seeking to expand its presence, as it looks to build its first fully-controlled...

7. www.sinopec.com › listco › enHome | Sinopec Corp

   www.sinopec.com › listco › en

   • Cached

   more Sinopec Corp. China Petroleum & Chemical Corporation is a vertically integrated energy & chemical company that is engaged in oil & gas exploration and production... more Company Report. Third Quarterly Report for 2024 Download.

8. www.bloomberg.com › news › articlesSinopec Profit Surges on Inventory Gains, Oil-Product Sales

   www.bloomberg.com › news › articles

   • Cached

   Oct 27, 2023 · China’s biggest oil refiner, Sinopec, posted a jump in third-quarter profit despite the nation’s stuttering economic recovery, helped by inventory gains and higher oil-product sales.

9. www.scmp.com › topics › sinopecSinopec: Latest News and Updates - South China Morning Post

   www.scmp.com › topics › sinopec

   • Cached

   Oct 15, 2024 · China’s Sinopec is setting up a new entity to invest in refinery and petrochemical assets overseas in a bid to leverage its expertise and deep pockets to expand globally as local Chinese oil ...

10. www.channelnewsasia.com › business › chinas-sinopecChina's Sinopec strikes large oil, gas flow at South China ...

    www.channelnewsasia.com › business › chinas-sinopec

    • Cached

    Jul 3, 2024 · SINGAPORE: China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday (Jul 3). The well, Hai-3, a...