China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), joining hands with Shandong Province and Qingdao Municipality, ...

The Qingdao-based project is projected to boost offshore power and help cut emissions by 14,000 tonnes annually.

Sinopec has started operating China’s first commercial floating offshore solar plant. It developed the 7.5 MW facility with ...

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Sinopec tested the Tiebei 1HF well at a high daily output of 314,500m³ of industrial gas flow, enhancing gas reserves and production efficiency in the Puguang area.

Sinopec is also likely to buy a piece in Chesapeake's Mississippi Lime play. McClendon's land machine has acquired the biggest position in the Mississippi, roughly 2 million acres.

The Chinese oil major, better known as Sinopec, said Sunday that net profit for the year rose to 71.975 billion yuan ($11.31 billion) from CNY33.44 billion in 2020 as demand and gross margins of ...

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 new energy vehicle (NEV) industry.

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's EBITDA covered its interest expense by 10 times in 2024, with net gearing ratio of 0.19 times at end ...

Sinopec Energy Lanka Ltd., commemorated its second corporate anniversary with a special Family Day celebration held in ...

Sinopec would retain 70.01% of the retail unit, which operates more than 30,000 gasoline stations and 23,000 convenience stores in some of the richest areas of China. The unit, Sinopec Sales, also ...