China Petroleum & Chemical Corporation (SINOPEC)

SHA:600028 ISIN:CN0005789556

May 26, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

China Petroleum & Chemical Corporation (SINOPEC) Company Summary

China Petroleum & Chemical Corporation (Sinopec Corp.) is an energy and chemical company, which through its subsidiaries, engages in integrated oil and gas, and chemical operations in the People’s Republic of China. Oil and gas operations consist of exploring for, developing and producing crude oil and natural gas; transporting crude oil, natural gas and products by pipelines; refining crude oil into finished petroleum products, and marketing crude oil, natural gas and refined petroleum products. Chemical operations include the manufacture and marketing of a range of chemicals for industrial uses. Sinopec Corp. has five operating segments: exploration and production segment, refining segment, marketing and distribution segment and chemicals segment, and a corporate and others.

COMPANY DATA

	Principal Sector	Energy

	Principal Industry	Energy

	Homepage	www.english.sinopec.com

Key Developments: China Petroleum & Chemical Corporation (SINOPEC)

	Asian Activities Report for December 20, 2011: Sharp (TYO:6753) to Sell 90-Inch LCD TVs in USA in 2012 DEC 20, 2011 12:19 - Article Views: 1,134 Asian Activities Report for December 20, 2011 includes: Sharp Corporation (TYO:6753) is planning to sell 90-inch LCD TVs - its largest LCD TV product in the US market in 2012; Sinopec Kantons Holdings Limited (HKG:0934) and China Shipping Development (HKG:1138) have signed an agreement to form a joint venture company in Hong Kong to build around five liquefied natural gas vessels; Mikuni Corporation (TYO:7247) says that its car parts manufacturing plant in Thailand has recovered part of its production ability, with operation recommenced on December 12th.

	Asian Activities Report for November 23, 2011: Air Liquide (EPA:AI) and Sinopec (SHA:600028) Form Joint Venture for a Refinery Expansion Project in China NOV 23, 2011 12:00 - Article Views: 1,133 Asian Activities Report for November 23, 2011 includes: Air Liquide (EPA:AI), the world leading industrial gas supplier, has formed a 50/50 joint venture with China Petroleum and Chemical Corporation ("Sinopec") (NYSE:SNP) (HKG:0386) (SHA:600028) to jointly invest Euro 85 million in a refinery expansion project in Maoming, Guangdong Province, China; TNG Limited (ASX:TNG) reports positive interim results from the Pre-Feasibility Study ("PFS") on its 100%-owned Mount Peake Iron-Vanadium Project in the Northern Territory; Sumitomo Metal Mining Co., Ltd. (TYO:5713) has established a subsidiary in Brazil to look for opportunities to acquire interests in copper, gold, nickel or other resources project; Western Desert Resources Limited (ASX:WDR) has signed a Memorandum of Understanding with Xstrata Zinc to investigate the feasibility of gaining access to Xstrata Zinc's McArthur River Mine loading facility.

	Santos (ASX:STO) Executes A$2B New Bank Facility JULY 19, 2010 16:24 - Article Views: 3,218 Santos (ASX:STO) shares on Monday defied the market sell-off after the company said it had executed a A$2 billion bilateral bank loan facility. The new facility will be used to refinance its existing A$700 million of undrawn bilateral bank facilities that mature between 2011 and 2013 and to increase liquidity.

	Shanghai AiExpo Exhibition Announces The SIPPE 2010 Shanghai 5th International Petroleum Petrochemical Natural Gas Technology Equipment Exhibition JUNE 11, 2010 14:20 - Article Views: 6,144 After the success last year of SIPPE 2009, Shanghai Aiexpo Exhibition Service Co., Ltd are pleased to announce the SIPPE 2010 Shanghai 5th International Petroleum Petrochemical Natural Gas Technology Equipment Exhibition.

	Asian Markets Overview of December 4 DEC 4, 2009 16:01 - Article Views: 6,571 Most Asian stock markets were lower Friday due to some profit taking selling before the release of US non-farm payrolls data.

	Australian Market Report of December 4: Flat Leads from Overseas DEC 4, 2009 13:00 - Article Views: 6,869 US shares fell on Thursday as the services sector index declined unexpectedly in November. The contraction also hurt sentiment ahead of the release of unemployment figure.

	Asian Markets Overview of November 27 NOV 27, 2009 15:51 - Article Views: 5,311 All the key markets in Asia were hurt by the debt problem of Dubai today. Japan's key Nikkei stock index opened nearly 2 percent lower Friday while Hong Kong's Hang Seng Index declined about 3 per cent at opening with banks which are exposed to overseas assets tumbled massively.

	Asia Market Overview of November 13 NOV 13, 2009 15:57 - Article Views: 5,422 Asian stock markets were broadly lower Friday following the weakness in Wall Street. Chinese shares also fell on profit taking, but airline equities rose across the board on a new pricing mechanism of fuel surcharge to take effect this weekend.

	BASF (ETR:BAS) and Sinopec (HKG:0386) to Invest US$1.4 Billion in Nanjing Project Expansion JULY 8, 2009 13:53 - Article Views: 4,367 The German chemical giant BASF (ETR:BAS)(OTC:BASFY) and its joint venture partner China Petrochemical Corporation (Sinopec) are to invest US$1.4 billion to expand their key Chinese chemical production facilities in the eastern Chinese town of Nanjing, Jiangsu Province. Chemicals produced in Nanjing by the partners are targeted towards the building, pharmacy and automotive industries and the expansion of their facilities should be fully operational in 2011.

	Asian Markets Overview of March 30 MAR 30, 2009 15:00 - Article Views: 7,256 Most Asian markets started the trading session with volatility on Monday after US stocks retreated on Friday. Tokyo and Seoul shares opened flat, and soon proceeded to a negative territory. Today Investors are also awaiting US government to unveil its plan to help the auto industry.