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Industry Center - Independent Oil & Gas
Industry Center > Independent Oil & Gas > China Petroleum & Chemical Corporation Company Profile
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China Petroleum & Chemical Corporation Company Profile
China Petroleum and Chemical Corporation (Sinopec Corp.) is the largest refiner and petrochemical producer in China. Its parent, state-owned China Petrochemical (Sinopec Group), reorganized in 2000 and pooled the best of its assets as Sinopec Corp. Sinopec Corp.'s businesses include oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution and marketing; and petrochemical products production, marketing and distribution. It has proved reserves of 3 billion barrels of oil and more than 6.3 trillion cu. ft. of gas, and owns more than 29,000 gas stations. The government of China controls about 76% of the company through the Sinopec Group.
Headlines for China Petroleum & Chemical Corporation
Sinopec Looking to Hold Steady
Zacks.com - Mon 9:56 am ET
China shares sink on jitters over financial crisis
AP - Mon 5:22 am ET
[external] The Way to Make Nearly $1 Million
at Motley Fool - Thu Oct 2
[$$] China Oil Firms Cast Global Net
at The Wall Street Journal Online - Wed Oct 1
More Headlines...
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Contact Information
Address: A6 Huixingdong St., Chaoyang District
Beijing 100029, China
Phone:+86-10-6499-0060
Fax:+86-10-6499-0022
Financial Highlights
Fiscal Year End:December
Revenue (2007):165850.70 M
Revenue Growth (1 yr):20.20%
Employees (2006):340,886
Employee Growth (1 yr):(-6.50%)
Key People
President and Director: Wang Tianpu
SVP, CFO, and Director: Dai Houliang
Chairman, Supervisory Board: Wang Zuoran
Industry Information
Sector: Basic Materials
Industry: Independent Oil & Gas
Top Competitors
CNOOC Limited (ceo)
PetroChina Company Limited (ptr)
Royal Dutch Shell plc
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