Sinopec's 2024 net profit plunges 16.8% due to falling oil prices, NEVs
China Petroleum & Chemical Corp , , known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower ...
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Sinopec Corp. Releases 2024 Annual Financial Results
An announcement from China Petroleum & Chemical ( ($HK:0386) ) is now available. Sinopec Corp. has announced its audited financial results for the ...
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Sinopec Declares Final Dividend for 2024
China Petroleum & Chemical Corporation has announced a final cash dividend of RMB 0.14 per share for the financial year ending December 31, 2024. The dividend will be paid on June 27, 2025, with ...
Oilfield with 100 million ton of shale oil reserve certified in E.China
The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang ...
China's Sinopec sees 16% drop in profit as demand for oil wanes
Sinopec (SPTJF) reports a 16% profit drop in 2024 amid weakening oil demand, energy market shifts and rising EV adoption.
Iraq plans to raise oil production capacity above 6 million bpd by 2029
Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency ...
Sinopec Reports Slump in Full-Year Profit as Headwinds Mount
Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak.
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Golar LNG secures $1.2 billion refinancing deal with Chinese consortium
Bermudian-based liquefied natural gas specialist Golar LNG has signed finance lease agreements with a group of Chinese ...