China
China Petroleum & Chemical Corporation Overview
China Petroleum & Chemical Corporation is a leading energy and chemical company primarily operating in Mainland China. Established in 2000 and headquartered in Beijing, it is a subsidiary of China Petrochemical Corporation.
Business Segments
- Exploration and Production: Engages in oil field development, natural gas production, and crude oil processing.
- Refining: Manufactures, sells, and trades petroleum products, including gasoline and diesel.
- Marketing and Distribution: Operates oil depots, service stations, and distributes refined petroleum products.
- Chemicals: Produces and markets petrochemicals, synthetic materials, fertilizers, and other chemical products.
- Corporate and Others: Includes pipeline transportation, technology research, and new energy ventures.
Key Operations
- Explores and develops oil and gas fields.
- Imports and exports petroleum, natural gas, and chemical products.
- Manufactures petrochemical derivatives, synthetic fibers, and rubber.
- Provides hydrogen energy services, battery charging, and renewable energy solutions.
- Offers crude oil pipeline transportation and storage services.
The company is also involved in research and development of new energy technologies, further expanding its footprint in sustainable energy solutions.
