Overview
Sinopec Group is the state holding company for China Petroleum and Chemical Corporation and works across exploration, refining, petrochemicals and fuel sales.[4] Its revenue fell 10.7% to US$364.0bn, the largest decline among China’s top three.[1] The listed subsidiary trades in Hong Kong, London and New York, and the group has invested in renewable projects including bio-based jet fuel and green hydrogen.[4]
Sinopec Group strengths and limitations
Strengths
- Very large refining and retail fuel network
- Third-largest company in the industry by revenue
Limitations
- Thin profit margin
- Revenue fell 10.7% in 2025
Appears in
- Largest Companies in China (2026) #3
- Largest Companies in the World by Revenue (2026) #12
- Largest Oil and Gas Companies (2026) #3
Sinopec Group peers and competitors
Companies ranked in the same lists as Sinopec Group.
- China National Petroleum
- ExxonMobil
Saudi Aramco
Shell plc- China National Offshore Oil
- State Grid
- China State Construction Engineering
Energy Transfer
Chevron
Cencora
Microsoft Power BI
JPMorgan Chase
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