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

A man uses his mobile phone as he walks past the booth for the China National Offshore Oil Corporation at an expo in Beijing. Photo: Reuters

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China’s largest offshore oil and gas producer saw net profits jump over 23 per cent in the first half amid turbulence in the Middle East.

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China energy security

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Hong Kong economy

Mainland Chinese tourists pack landmarks as Hong Kong marks July 1 anniversary

Visitors enjoy complimentary ferry rides, free museum admissions and an array of dining and retail discounts of up to 29 per cent.

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Hong Kong economy

Hongkongers snap up July 1 freebies and discounts with gusto

Residents take full advantage of handover anniversary deals, forming long queues at restaurants and museums and taking free rides on trams and ferries.

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China manufacturing

China steps up challenge to US, Japan in a strategic aerospace material

New production lines highlight Beijing’s push to strengthen self-sufficiency in a cutting-edge material used across aerospace and advanced industries.

1 Jul 2026 - 2:35AM

State-owned CNBM has launched three production lines in east China’s Jiangsu province for high-strength carbon fibre. Photo: Handout

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.

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China-Russia relations

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

Expo in Harbin highlights expanding economic ties amid rising geopolitical and trade uncertainties.

18 May 2026 - 8:30PM

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

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

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

Science

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

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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

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

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

The government has said it is working to ensure a stable fuel supply. Photo: Sam Tsang

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.

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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.

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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

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

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’.

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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

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

Workers are seen on a rooftop of a residential building under construction by Chinese property developer Poly Real Estate in Nanjing, in eastern China’s Jiangsu province, in May. Photo: AFP/China OUT

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.

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US President Donald Trump chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing in November 2017. Photo: AP

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.

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China airliners

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

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.

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Pedestrians cross a street in Kowloon. Photo: Sam Tsang

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

Pedestrians walk in front of an electronic sign showing the Hang Seng Index in Hong Kong on July 11, 2025. Photo: AFP

China energy security

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

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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.

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