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China Petroleum & Chemical Corporation
SNPMFEnergyOTCCN
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Chinese oil major Sinopec , said it has booked large proven reserves of gas at its ultra-deep Ziyang Dongfeng shale gas field.
ZIYANG, China, May 13, 2026 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) has announced a major shale gas exploration breakthrough of its "Project Deep Earth - Sichuan and Chongqing Natural Gas Base". The Ziyang Dongfeng shale gas field, operated by Sinopec, has secured official approval for proven geological reserves of 235.687 billion cubic meters from the Ministry of Natural Resources of China.
BEIJING, May 6, 2026 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386) has unveiled the "Fenghuo" industrial AI agent, the first digital expert in the petrochemical sector capable of actively participating in production operations. The "Fenghuo" AI agent can analyze production data, interact with industrial software, and generate scientific research and engineering outcomes, essentially functioning as a "digital colleague" for petrochemical employees.
Sinopec Corp , reported 28% year-on-year growth in first-quarter profit as higher global oil prices brought on by the Iran war increased the value of its crude inventory and the refiner maintained stable fuel sales.
The Board Considered and Approved the Proposal to Grant to a Mandate for New Round of Share Repurchase BEIJING, CHINA / ACCESS Newswire / March 23, 2026 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028) today announced its annual results for the twelve months ended 31 December 2025. Financial Highlights In accordance with IFRS Accounting Standards, the Company's revenue reached RMB 2.78 trillion; Operating profit was RMB 48.608 billion; Profit attributable to shareholders of the Company was RMB 32.476 billion.
China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8% decline in 2025 net profit on Sunday, citing rising substitution by new energy sources, and weak petrochemical margins, according to the company's filing.
China's Sinopec, the world's biggest refiner by capacity, aims to cut throughput this month by more than 10% from its original plan in response to a crude supply gap caused by the war in the Middle East, two sources familiar with its operations said.
China Petroleum and Chemical (OTCMKTS:SNPMF - Get Free Report) is anticipated to release its resultson Thursday, March 19th. Analysts expect China Petroleum and Chemical to post earnings of $0.0057 per share and revenue of $91.7246 billion for the quarter. China Petroleum and Chemical Stock Performance Shares of SNPMF opened at $0.66 on Thursday. China Petroleum
