OverviewSuggest Edit

Sinopec (China Petroleum & Chemical Corporation) is a petroleum and petrochemical company. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The Exploration and Production segment consists of activities related to exploring for and developing, producing and selling crude oil and natural gas. The Refining segment consists of purchasing crude oil from the Exploration and Production segment and from third parties, processing of crude oil into refined oil products, selling refined oil products principally to the Marketing and Distribution segment. The Marketing and Distribution segment specializes in purchasing refined oil products from the Refining segment and third parties, and marketing, selling and distributing refined oil products by wholesale to large customers and independent distributors and retail through the retail network. The Chemicals segment deals with purchasing chemical feedstock principally from the Refining segment and producing, marketing, selling and distributing chemical products. The Corporate and Others segment consists principally of trading activities of the import and export subsidiaries and research and development activities.

HQBeijing, CN

Latest Updates

Employees (est.) (Dec 2020)384,065(-4%)
Job Openings1,561
Revenue (FY, 2020)¥2.1 T(-29%)
Share Price (Oct 2021)¥4.4(+2%)
Cybersecurity ratingDMore
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Key People/Management at Sinopec

Zhang Yuzhuo

Zhang Yuzhuo

Zhang Shaofeng

Zhang Shaofeng

Chairman of Board of Supervisors
Ma Yongsheng

Ma Yongsheng

Director of the Board and the President
Jiang Zhenying

Jiang Zhenying

Board Member
Yu Baocai

Yu Baocai

Director, Senior Vice President
Zhao Dong

Zhao Dong

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Sinopec Office Locations

Sinopec has offices in Beijing and Houston
Beijing, CN (HQ)
22 Chaoyangmen N St, Chaoyang Qu
Houston, TX, US
3050 Post Oak Blvd #800
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Sinopec Financials and Metrics

Sinopec Revenue

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Sinopec's revenue was reported to be ¥2.11 t in FY, 2020 which is a 29% decrease from the previous period.

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Sinopec's current market capitalization is ¥509.1 b.
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Sinopec Revenue Breakdown

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Sinopec revenue breakdown by geographic segment: 81.8% from Mainland China, 10.2% from Singapore and 8.0% from Others

Sinopec Cybersecurity Score

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Sinopec Online and Social Media Presence

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Sinopec News and Updates

Sinopec Puts Largest Gas Storage Cluster in North China into Operation, Providing 10 Billion Cubic Meters of Gas Storage

BEIJING, Oct. 18, 2021 /PRNewswire/ -- The Wei 11 gas storage facility built by China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec", "the Company") in its Zhongyuan Oilfield region successfully completed its first gas injection on October 18, marking the beginning of official...

Sinopec Fuling Shale Gas Field Sets New Cumulative Production Record of 40 Billion Cubic Meters

BEIJING, Oct. 9, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec") Fuling Shale Gas Field – the first commercially developed and operated large-scale shale gas field in China – announced on October 8 that it has produced 40 billion cubic meters of shale...

Sinopec Profit Surges on Chinese Fuel, Plastics Demand

Sinopec’s Profit Surges on Chinese Fuel, Plastics Demand

Sinopec Proves China's First 100-Billion-Cubic-Meter Natural Gas Reserve in Sichuan Basin

DEYANG, China, Aug. 17, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has proved another 34.029 billion cubic meters of natural gas at the Zhongjiang Gas Field, bringing the total known natural gas reserves in the Sichuan Basin to 106.1 billion cubic...

Syneffex™ Publishes Results of Company's Nanotechnology Based Corrosion Prevention Thermal Insulation on Sinopec Offshore Fuel Storage Tanks

GOLDEN, Colo., Aug. 11, 2021 /PRNewswire/ -- Syneffex™ Inc. today reviewed the results of a one year study of the Company's nanotechnology based thermal insulation for large storage tanks. Sinopec, China's oil & gas company and the fifth largest company in the world by revenue, needed a...

Sinopec Builds World's Largest Disinfectant Production Base

QIANJIANG, China, July 23, 2021 /PRNewswire/ -- Sinopec Jianghan Salt Chemical Hubei Co., Ltd. (the "Company"), a subsidiary of China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), has completed a trial run of its new 12,000 tons/year concentrated bleaching powder batch feeder...
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Sinopec Frequently Asked Questions

  • When was Sinopec founded?

    Sinopec was founded in 2000.

  • Who are Sinopec key executives?

    Sinopec's key executives are Zhang Yuzhuo, Zhang Shaofeng and Ma Yongsheng.

  • How many employees does Sinopec have?

    Sinopec has 384,065 employees.

  • What is Sinopec revenue?

    Latest Sinopec annual revenue is ¥2.1 t.

  • What is Sinopec revenue per employee?

    Latest Sinopec revenue per employee is ¥5.5 m.

  • Who are Sinopec competitors?

    Competitors of Sinopec include Sunoco, ExxonMobil and Huntsman Corporation.

  • Where is Sinopec headquarters?

    Sinopec headquarters is located at 22 Chaoyangmen N St, Chaoyang Qu, Beijing.

  • Where are Sinopec offices?

    Sinopec has offices in Beijing and Houston.

  • How many offices does Sinopec have?

    Sinopec has 2 offices.