Streetbeat News

SNPMF

China Petroleum & Chemical Corp

http://www.sinopec.com/

Employees

385,691

Industry

Petroleum Refineries

Open

0.53

Mkt cap

91B

Volume

4.8K

High

0.54

P/E Ratio

7.71

52-wk high

0.70

Low

0.53

Div yield

0.06

52-wk low

0.50

Algeria's Sonatrach and China's Sinopec have signed an $850 million contract for hydrocarbon development and exploration in Algeria.

Portfolio Pulse from

February 25, 2025 | 9:15 pm

The 'Xylene Markets in China' report highlights the rapid growth in China's demand for Xylene, driven by industrial output and economic expansion. Companies like Sinopec Yangzi Petrochemical are key players in this market.

Portfolio Pulse from

January 06, 2025 | 12:45 pm

Sinopec has released its first sustainability report in Algeria, highlighting its achievements in economic, safety, environmental, and social responsibilities as part of the Belt and Road initiative.

Portfolio Pulse from

December 31, 2024 | 9:15 am

Sinopec has completed the construction of China's largest petrochemical industrial base at its Zhenhai Refinery, with a refining capacity surpassing 50 million tons per year. This project marks significant advancements in innovation, smart manufacturing, and energy efficiency.

Portfolio Pulse from

December 26, 2024 | 3:30 am

Sinopec has completed China's first factory-based seawater hydrogen production project at its Qingdao Refinery, integrating direct seawater electrolysis with renewable energy to produce green hydrogen.

Portfolio Pulse from

December 19, 2024 | 4:00 am

Sinopec hosted a significant multilateral event on hydrogen energy at COP29, marking a milestone as the first hydrogen-themed event co-hosted by a Chinese company at the COP conference.

Portfolio Pulse from

November 15, 2024 | 9:15 am

Sinopec's clean energy subsidiary, Sinopec Star Co., Ltd., has connected its geothermal power generation pilot project in Xianyang, China, to the grid. This marks a significant step in Sinopec's renewable energy initiatives.

Portfolio Pulse from

November 06, 2024 | 5:15 am

Sinopec hosted a forum at the 7th China International Import Expo, signing $40.9 billion in purchasing contracts with 38 partners, contributing to a total of $285 billion over seven sessions. The event focuses on global energy transition and a low-carbon ecosystem.

Portfolio Pulse from

November 06, 2024 | 4:30 am

TotalEnergies SE (NYSE:TTE) and China Petroleum and Chemical Corporation (SINOPEC) (OTC:SNPMF) have signed a strategic cooperation agreement to expand their collaboration in low-carbon energies, including the development of a sustainable aviation fuel (SAF) production unit in China. This partnership aims to address the global demand for energy while building a decarbonized energy system for the future.

Portfolio Pulse from Lekha Gupta

May 07, 2024 | 12:26 pm

TotalEnergies SE (TTE) and China Petroleum and Chemical Corporation (SNPMF) have signed an agreement to develop a Sustainable Aviation Fuel (SAF) production unit in China, aiming for an annual production of 230,000 tons. This collaboration aligns with both companies' strategies to provide low carbon solutions and marks a significant step towards TotalEnergies' goal of producing 1.5 million tons of SAF by 2030. TTE shares saw a 0.53% increase in premarket trading.

Portfolio Pulse from Lekha Gupta

March 26, 2024 | 12:23 pm

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