Sinopec

Sinopec, officially known as China Petroleum & Chemical Corporation, is a colossal integrated energy and chemical company based in China. As one of the largest state-owned enterprises in the country, it plays a pivotal role in China's energy landscape and holds significant influence in the global energy market.

The company's upstream operations involve exploration and production activities for oil and natural gas. Sinopec engages in the search for new reserves both within China and abroad, utilizing advanced technologies and expertise to extract valuable hydrocarbon resources. Through strategic partnerships and joint ventures with international oil companies, Sinopec extends its reach beyond China's borders and contributes to the global energy supply chain.

Downstream, Sinopec boasts an extensive refining capacity, operating numerous refineries across China. It plays a vital role in processing crude oil into various refined products, such as gasoline, diesel, jet fuel, and petrochemical feedstock. This downstream prowess enables the company to meet the nation's immense energy needs and ensure a steady supply of refined products to consumers and industries.

In addition to its significant presence in the oil and gas sector, Sinopec is a major player in the petrochemical industry. The company manufactures and markets a wide array of chemical products, including ethylene, propylene, polyethylene, and other essential petrochemicals. These products find use in various industries, such as plastics, synthetic fibers, rubber, and more, contributing to China's industrial growth and economic development.

Founded: 2000

Headquarters: Beijing, China

Office: Doha, Qatar

Website: http://www.sinopecgroup.com/group/en/