15 Facts About Sinopec

Sinopec Limited was established as a joint stock entity under the China Petrochemical Corporation Group in February 2000.

Sinopec was simultaneously listed in Hong Kong, New York, and London in October 2000.

Sinopec is the largest oil refiner in Asia by annual volume processed.

In December 2006, Sinopec acquired the assets of Shengli Petroleum, whose main asset was a maturing domestic oil field, in order to stabilize its crude inputs and raise the utilization rate of its existing refineries.

In November 2005, Sinopec Group announced plans to partner with CNPC to purchase an oil field in Sudan, and has reportedly indicated an interest in expanding its business in Sudan.

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Sinopec Corporation is a partner in Petrodar Operating Company Ltd.

Sinopec is looking into other companies such as ERHC Energy which has multiple oil block assets in the Joint Development Zone.

Sinopec said it had no plans to pull out of the resource-rich region despite the attack.

In June 2013, Sinopec agreed to acquire Marathon Oil Corp's Angolan offshore oil and gas field for $1.

Aramco, Exxon and Sinopec signed contracts for a fuel marketing venture that will manage 750 service stations and a network of terminals in Fujian province.

Unipec, a subsidiary of Sinopec, signed a contract with French oil company Total Gabon in February 2002.

Sinopec indeed had previously taken over Addax Petroleum with numerous assets in Nigeria and Cameroon.

Unipec, a subsidiary of Sinopec, is an intermediary for banned Russian oil.

Shortly thereafter, Sinopec resumed production with more environmentally friendly methods.

Zhongyuan Oilfields Petrochemical Company, a unit of Sinopec, had failed to meet waste water treatment requirements and had been ordered to pay a pollution fine and operations had to be halted, according to the State Environmental Protection Administration .