Oil and Gas
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China Petroleum & Chemical Corp. engages in the exploration, development and production of crude oil and natural gas. It operates through the following segments: Exploration and Production; Refining; Marketing and Distribution; Chemicals; and Corporate and Others. Read More The Exploration and Production segment consists of activities related to exploring for and developing, producing, and selling crude oil and natural gas. The Refining segment purchases crude oil from its exploration and production segment and from third parties, processing of crude oil into refined oil products, and selling refined oil products principally to its marketing and distribution segment. The Marketing and Distribution segment includes refined oil products from its refining segment and third parties, and marketing, selling and distributing refined oil products by wholesale to large customers and independent distributors, and retail through its retail network. The Chemicals segment focuses on chemical feedstock principally from the refining segment and producing, marketing, selling, and distributing chemical product. The Corporate and Others segment comprises of trading activities of the import and export subsidiaries, and its research and development activities. The company was founded on February 25, 2000 and is headquartered in Beijing, China.
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China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas, and chemical operations and businesses in the People's Republic of China.
Seeking AlphaMar 6
Cheniere-Sinopec LNG deal may total 2M mt/year, cover 20 years - Reuters
Sinopec (NYSE:SNP) plans to sign a 20-year liquefied natural gas supply agreement with Cheniere Energy (NYSEMKT:LNG) once China and the U.S. end their trade dispute, Reuters reports, adding details to previous reports of a potential contract between the two companies.
Sinopec may ink 20-year LNG deal with Cheniere when trade spat ends
SINGAPORE (Reuters) - China Petroleum and Chemical Corp plans to sign a 20-year liquefied natural gas (LNG) supply agreement with Cheniere Energy once China and the United States end their trade dispute, two sources with knowledge of the matter said on Wednesday.
$1.86 per share
Expected Mar 22