Sinopec, as a major player in the energy sector, not only contributes significantly to China's energy needs but also holds a prominent position globally. Its diversified operations cover key aspects of the oil and gas industry, making it a crucial entity in the global energy landscape.
Overview:
Name: China Petroleum & Chemical Corporation (Sinopec)
Headquarters: Beijing, China
Parent Company: Sinopec Group (world's largest oil refining, gas, and petrochemical conglomerate)
Business Focus:
Sinopec is a major Chinese oil and gas enterprise engaged in oil refining, gas exploration, and petrochemical production.
It is a key player in the global energy industry.
Listing:
Sinopec Limited is listed on the Hong Kong Stock Exchange.
The company also trades on the Shanghai Stock Exchange.
Size and Ranking:
Sinopec Group is the world's largest oil refining, gas, and petrochemical conglomerate.
It is the largest oil and petrochemical products supplier in China.
Second largest oil and gas producer in China.
The largest refining company and the second-largest chemical company globally.
Workforce:
In 2022, Sinopec employed 374,791 people.
The company has undergone a decrease in its workforce compared to the previous year.
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