TOPIC

/ company

Sinopec

China Petroleum & Chemical Corporation, or Sinopec Ltd, is a Beijing-based oil and gas company which is listed in Hong Kong, Shanghai and New York (NYSE: SNP). It is one of the world’s biggest companies by revenue. Sinopec Ltd’s parent, Sinopec Group is one of China’s biggest petroleum groups.

Chairman / President

Ma Yongsheng

CEO / Managing Director

Zhao Dong

CFO / Finance Director

Zhang Shaofeng

Industry

Oil and gas

Website

english.sinopec.com

Headquarters address

22 Chaoyangmen North Street, Chaoyang District Beijing,China.

Stock Code

SSE:600028
SEHK:0386
NYSE:SNP
LSE:SNP

Year founded

2000

Taxis drivers will benefit from the LPG subsidy, which starts on Sunday and ends on July 30. Photo: Sam Tsang

Hong Kong economy

Hong Kong to roll out 2-month LPG subsidy to ease burden on transport firms

LPG subsidy to take effect on Sunday and benefit operators of city’s 20,000 commercial transport vehicles, from taxis to school buses.

27 May 2026 - 11:02PM

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Hong Kong stock market

China oil stocks rise as crude rally lifts Sinopec, CNOOC earnings

First-quarter earnings remain resilient as crude prices surge on Middle East tensions, tightening global supply and lifting margins.

29 Apr 2026 - 4:39PM

China’s oil stocks have been in focus since crude prices spiked following the blockade of the Strait of Hormuz. Photo: Reuters

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Hong Kong weighs petrol pricing disclosure rule in tenders as fuel costs surge

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25 Mar 2026 - 6:20PM

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Hong Kong customs seizes more fuel-smuggling vehicles as Iran war lifts prices

Price gap between mainland China and Hong Kong, combined with rising fuel costs, creates economic incentive for criminals to take risk, customs says.

11 Mar 2026 - 10:59PM

Hong Kong, which relies entirely on imported fuels, has seen inflated pump prices. Photo: Eugene Lee

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Oil price surge may be passed on to Hong Kong consumers, industry chiefs warn

Government says it has contacted major oil companies to closely monitor the impact of international fuel prices on Hong Kong market.

10 Mar 2026 - 8:23PMvideocam

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Surcharges considered as Hong Kong fuel prices set to rise amid Iran war

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From oil to saffron: how US-Iran conflict is rattling Chinese retail investors

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Supply chain disruptions tied to the conflict could affect everything from fertiliser imports to pharmaceutical products containing saffron. Photo AFP

Mergers & Acquisitions

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8 Jan 2026 - 9:34PM

A Sinopec worker walks past LNG storage tanks in Tianjin, China. Photo: Reuters

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The US president said he may also discuss a decline in Chinese purchases of Russian oil, as he seeks to pressure Moscow on Ukraine.

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Pedestrians cross a street in Kowloon. Photo: Sam Tsang

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21 Jul 2025 - 4:39PM

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Residents and visitors alike soak up free attractions and ferry rides, as well as discounted meals to celebrate 28th handover anniversary.

1 Jul 2025 - 10:17PM

A parade of about 30 fishing boats along Victoria Harbour drew the crowds. Photo: Jelly Tse

US-China trade war

China minds, on guard against US, stress need for talks and regional cooperation

Regional cooperation deemed more vital than ever for China after Trump’s tariff barrage, as policy influencer warns that bowing to him will only bring more pressure.

23 May 2025 - 4:00PM

Zhang Jun, former Chinese ambassador to the United Nations, speaks on Thursday at a forum held by the Centre for China and Globalisation in Beijing. Photo: Handout

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Banking & finance

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14 May 2025 - 4:49PM

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US-China trade war

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State-backed energy firms and private distributors may have to renegotiate long-term liquefied-natural-gas contracts, analysts say.

29 Apr 2025 - 8:41PMvideocam

A cargo ship passes the Cheniere Energy liquefied natural gas plant in Port Arthur, Texas, on February 10, 2025. Photo: Getty Images

Electric & new energy vehicles

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Electric & new energy vehicles

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World’s top maker of EV batteries and oil giant aim to build a ‘battery-swapping ecosystem across the whole nation’.

15 Apr 2025 - 2:39PM

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Sinopec

Hong Kong to roll out 2-month LPG subsidy to ease burden on transport firms

LPG subsidy to take effect on Sunday and benefit operators of city’s 20,000 commercial transport vehicles, from taxis to school buses.

China and Russia hold trade expo as Putin and Trump visits draw global attention

How China’s engineering prowess built Africa’s largest oil refinery

China oil stocks rise as crude rally lifts Sinopec, CNOOC earnings

First-quarter earnings remain resilient as crude prices surge on Middle East tensions, tightening global supply and lifting margins.

China’s far west site of a new bulwark against Mideast-induced resource woes

Ethylene glycol plant in Xinjiang is equipped with tech that includes green electricity coupling, carbon capture and storage.

Hong Kong weighs petrol pricing disclosure rule in tenders as fuel costs surge

Environment minister Tse Chin-wan tells Legislative Council government open to reviewing tender policy for petrol station sites to bring down soaring fuel prices.

Hong Kong customs seizes more fuel-smuggling vehicles as Iran war lifts prices

Price gap between mainland China and Hong Kong, combined with rising fuel costs, creates economic incentive for criminals to take risk, customs says.

Oil price surge may be passed on to Hong Kong consumers, industry chiefs warn

Government says it has contacted major oil companies to closely monitor the impact of international fuel prices on Hong Kong market.

Surcharges considered as Hong Kong fuel prices set to rise amid Iran war

Sector representative says surcharges ‘a reluctant step’, adding many drivers have fixed daily commitments that must be met.

From oil to saffron: how US-Iran conflict is rattling Chinese retail investors

Retail investors on Chinese platforms probe companies about supply-chain risks and opportunities as tensions escalate in the Middle East.

China’s Sinopec, CNAF to undergo consolidation, creating energy powerhouse

State Council approves reorganisation between Sinopec and China National Aviation Fuel Group, state asset regulator says.

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

Mexico finds Chinese rubber dumping, moves to impose permanent duty

Mexico says a surge of underpriced Chinese rubber weakened its lone producer as shifting trade flows fuel new frictions with Beijing.

Half of China’s raw building materials could be recycled by mid-century: study

Circular economy model could change the future of the nation’s sand and gravel industry, according to researchers.

Trump targets ‘complete deal’ with China when he meets Xi

The US president said he may also discuss a decline in Chinese purchases of Russian oil, as he seeks to pressure Moscow on Ukraine.

China discovers 2 major shale gas fields as energy security drive pays off

China has rapidly built up a domestic shale gas industry as it strives to reduce its reliance on foreign energy supplies.

.css-1f6sr3w{color:#727272;}Explainer | From nose to tail, how China is reshaping the aviation supply chain

Recent achievements show Beijing’s efforts to localise the components of its planes have not abated in the wake of the C919’s success.

Hong Kong stocks record biggest weekly loss in nearly 4 months

Stellar run that drove the Hang Seng Index to its highest point in three and a half years last month shows signs of fatigue.

Hong Kong stocks extend from 3-year high on China growth optimism

Faster-than-expected China growth and Goldilocks scenario in US spark risk-on mood among investors.

Solar energy milestone: China taps the ocean in breakthrough for industry

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

From free rides and museum visits to cheap meals, Hong Kong laps up July 1 deals

Residents and visitors alike soak up free attractions and ferry rides, as well as discounted meals to celebrate 28th handover anniversary.

China minds, on guard against US, stress need for talks and regional cooperation

Regional cooperation deemed more vital than ever for China after Trump’s tariff barrage, as policy influencer warns that bowing to him will only bring more pressure.

CATL set to price US$4.6 billion IPO at top end of range as Hong Kong investors pile in

World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.

Hong Kong market rebound rolls on as 3 companies unveil plans to raise funds

State-owned Sinopec, a mainland medtech firm and Hong Kong’s CSI Properties plan to raise funds amid surging activity.

Chinese EV battery giant CATL launches US$5.3 billion Hong Kong IPO

Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.

Trade war upends Chinese firms’ US gas contracts, plans: S&P Global

State-backed energy firms and private distributors may have to renegotiate long-term liquefied-natural-gas contracts, analysts say.

Chinese EV maker Nio to join fray in right-hand-drive car markets

Company’s Firefly minicar, priced around US$16,400, will be competitive in global markets despite tariffs, president says.

China’s CATL joins with Sinopec to build EV battery-swapping network

World’s top maker of EV batteries and oil giant aim to build a ‘battery-swapping ecosystem across the whole nation’.

Explainer | From nose to tail, how China is reshaping the aviation supply chain