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Top Chinese refining major Sinopec Corp. will prioritize "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies.

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's EBITDA covered its interest expense by 10 times in 2024, with net gearing ratio of 0.19 times at end-2024 ...

China Petroleum and Chemical Corp, also known as Sinopec, achieved a full-year operating revenue of 3.07 trillion yuan ...

Sinopec Corp, the top Chinese refinery, will prioritize "risk management" when purchasing Russian oil. The quality of Russian ...

Lack of catalysts keeps traders on the sidelines; all eyes on BYD, which reports its earnings later in the day.

The Jiyang Shale Oil Field has officially received certification from the Ministry of Natural Resources for its proven ...

During his address, the Aramco chief said that oil and gas remain “critical” to China’s economic growth equation ...

Iranian oil shipments to China are set to fall in the near-term after new US sanctions on a privately-owned refiner and ...

Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak.Most Read ...

Sinopec reported a 16.8% decline in net profit for 2024, attributed to lower oil prices and the increasing impact of electric ...