China Petroleum & Chemical Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Stefano Venier
- Full Time Employees
- 351,104
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- No. 22 Chaoyangmen North Street Beijing BE People's Republic of China 100728
- IPO Date
- Oct 15, 2010
- CIK
- 0001123658
- Website
- sinopec.com
- Similar Companies
- Business
- China Petroleum & Chemical Corporation (Sinopec) is a leading integrated energy and chemical company primarily engaged in the exploration, production, and refining of petroleum and natural gas. The company manufactures and markets refined petroleum products, petrochemicals, chemical fibers, fertilizers, synthetic resins, and synthetic rubber. Its core products include gasoline, diesel, jet fuel, lubricants, synthetic fibers, synthetic resins, synthetic rubber, fertilizers, and other chemical intermediates. Sinopec also provides oilfield services and operates pipelines and storage facilities. It serves customers in China and internationally, providing energy solutions across upstream, midstream, and downstream sectors. Founded in 2000, Sinopec is headquartered in Beijing, China. Recent major company developments include strategic expansions in clean energy and new energy technologies as part of Sinopec's commitment to sustainability and carbon neutrality. The company has increased investments in hydrogen production, biofuels, and electric vehicle charging infrastructure, reflecting a shift towards greener energy solutions. Sinopec has formed multiple partnerships and joint ventures with domestic and international firms to advance its technological innovation and market reach in renewable energy sectors. These initiatives mark a significant strategic shift from traditional fossil fuels to diversified energy offerings. Sinopec operates through various subsidiaries and affiliates encompassing the upstream exploration and production, refining and chemical operations, marketing and distribution segments. It targets industrial, commercial, and consumer markets domestically in China and in key overseas markets. The company remains one of the largest oil refining companies globally by capacity and is a major player in petrochemical production in Asia. In summary, China Petroleum & Chemical Corporation (Sinopec) manufactures and sells a broad portfolio of petroleum and chemical products, operates extensive energy infrastructure, and has recently accelerated its expansion into clean energy sectors through new investments and strategic partnerships, maintaining a strong presence in both domestic and international markets. The company continues to evolve in alignment with global energy transition trends while upholding its core hydrocarbon business.
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