China Petrochemical Corporation Overview
Pro stress-test →China Petrochemical Corporation (Sinopec) is one of China's national oil companies and one of Asia's largest integrated oil companies in revenue, deriving income primarily from refining and marketing of oil products and petrochemical production. Sinopec operates China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals.
Strategic Profile
Pro stress-test →The company has a smaller global upstream presence than its peers PetroChina and CNOOC. In 2025, Sinopec's oil and gas equivalent production was 525.28 million barrels and processed 250.33 million metric tons of crude oil.
Competitive Landscape
Pro stress-test →Sinopec competes directly with PetroChina and CNOOC as China's "Big Three" energy majors. Globally, it faces competition from large international oil companies in refining and petrochemical markets. Its competitive advantage lies in retail dominance and state backing; weaknesses include smaller upstream production capacity relative to domestic rivals.
Industry Context
China Petrochemical Corporation operates in Oil & Gas / Petrochemicals.
Key facts
Founded: 2000 · Headquarters: Beijing, China · Employees: Not specified in recent data · Revenue: Not specified in recent data · Market cap: $90.1B