China Petroleum & Chemical Corp

Company Profile

• Business description

  China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2023, Sinopec’s production of oil and gas equivalent was 504.09 million barrels. The firm also processed 257.52 million metric tons of crude oil.

• Contact

  No. 22 Chaoyangmen North Street
  Chaoyang District
  Beijing100728
  CHN

  T: +86 1059960028

  E: [email protected]

  http://www.sinopec.com

• Sector

  Energy

  Stock type

  Sensitive

• Industry

  Oil & Gas Integrated

  Fiscal Year End

  31 December 2024

  Employees

  451,611