Skip to Content

    The oil and gas producer in China enjoyed a 6.8% growth in sales from 2012 with help from its extensive distribution network in the country.

    In June, Sinopec showed signs of continuing expansion in Iran—it’s doubled production there recently, a welcome investment for a country struggling with oil output as sanctions on its economy continue.

    Reports say Sinopec, also called China Petroleum & Chemical, is getting about 50,000 barrels a day. The goal is focused on continued growth, too: to get to 135,000 barrels per day.

    41319CFF-E47E-4BA5-B1B8-ECA4D480B0DFCreated with sketchtool.62900797-6A09-46DF-8323-A45758A81292Created with sketchtool.Looking for leads, investment insights, or competitive intelligence?Buy Now

    Key Financials

    $ Millions% change
    Revenues457,2016.8
    Profits8,9328.6
    Assets352,982-