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

Built at a cost of about US$20 billion, Dangote Petroleum Refinery in Lagos, Nigeria, produces 650,000 barrels per day at full capacity. Photo: Reuters

China-Africa relations

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

Nigeria has turned into a net exporter of refined petroleum products amid the energy shock unleashed by the US-Israel war on Iran.

3 May 2026 - 4:00PMvideocam

Hong Kong stock market

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

29 Apr 2026 - 4:39PM

Science

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1 Apr 2026 - 12:30PMvideocam

Hong Kong economy

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.

25 Mar 2026 - 6:20PM

A fuel station in Sha Tin. Pump prices for petrol across Hong Kong have begun to increase again after about two weeks of steady prices. Photo: Sam Tsang

Hong Kong economy

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 economy

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

Hong Kong transport

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.

13 Mar 2026 - 1:21PMvideocam

Pump prices are expected to climb further this week amid rising Middle East tensions. Photo: Sam Tsang

China’s private sector

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.

8 Mar 2026 - 8:27PM

Mergers & Acquisitions

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.

8 Jan 2026 - 9:34PM

China exports

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’.

11 Dec 2025 - 11:24AMvideocam

China-Latin America relations

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.

14 Nov 2025 - 5:13AM

Dynasol Elastomeros is the only known Mexican manufacturer of SBS. Photo: handout

Science

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.

8 Nov 2025 - 10:00AMvideocam

US-China relations

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.

26 Oct 2025 - 6:06AMvideocam

China energy security

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.

22 Aug 2025 - 1:20PMvideocam

Technicians check equipment at the Fuling shale gas field in China’s southwestern municipality of Chongqing. China is rapidly developing a shale gas industry as it looks to reduce its reliance on foreign oil and gas supplies. Photo: Xinhua

China airliners

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.

4 Aug 2025 - 5:00PMvideocam

The licencing of the AES100 turboshaft engine is one of several recent milestones in China’s campaign to localise its aviation supply chain. Photo: Xinhua

Hong Kong stock market

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.

1 Aug 2025 - 4:34PM

Hong Kong stock market

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.

21 Jul 2025 - 4:39PM

China energy security

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.

5 Jul 2025 - 4:00PM

China’s first factory-scale all-seawater floating photovoltaic project was completed and put into use at Sinopec Qingdao Refining and Chemical on July 1, 2025. Photo: Xinhua

Hong Kong economy

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.

1 Jul 2025 - 10:17PM

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

IPO

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.

14 May 2025 - 8:02PMvideocam

A man walks past CATL’s booth the the Auto China 2024 show in Beijing in 2024. Photo: Reuters

Banking & finance

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.

14 May 2025 - 4:49PM

An employee passes tanks at a Sinopec refinery in Wuhan, Hubei province. Photo: Reuters

IPO

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.

12 May 2025 - 5:19PMvideocam

US-China trade war

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.

29 Apr 2025 - 8:41PMvideocam

Electric & new energy vehicles

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.

22 Apr 2025 - 6:30PMvideocam

William Li, CEO of Chinese EV maker Nio, poses next to the company’s ET9, in Shanghai on April 22, 2025. Photo: Reuters

Electric & new energy vehicles

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’.

15 Apr 2025 - 2:39PM

A sign of battery manufacturer CATL is pictured at its booth at the Beijing International Automotive Exhibition in Beijing on April 25, 2024. Photo: Reuters

Hong Kong stock market

Hong Kong stocks rise even as looming Trump tariffs keep sentiment in check

The Hang Seng Index is under consolidation as traders await development on the US tariffs front, says analyst Kenny Wen.

24 Mar 2025 - 5:28PM

Australia

Southeast Asia’s poorest nation ‘holding off’ Chinese interest in huge gas field

East Timor would prefer to work with Australia and Japan over Chinese firms that have expressed interest in the field, its president said.

5 Feb 2025 - 10:05PM

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Sinopec

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

Nigeria has turned into a net exporter of refined petroleum products amid the energy shock unleashed by the US-Israel war on Iran.

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

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

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-19im5qg{color:#c79a00;}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’.

Hong Kong stocks rise even as looming Trump tariffs keep sentiment in check

The Hang Seng Index is under consolidation as traders await development on the US tariffs front, says analyst Kenny Wen.

Southeast Asia’s poorest nation ‘holding off’ Chinese interest in huge gas field

East Timor would prefer to work with Australia and Japan over Chinese firms that have expressed interest in the field, its president said.

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