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China Petroleum (OTC:SNPMF) Stock, Option Chain

China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2024, Sinopec's production of oil and gas equivalent was 515.35 million barrels. The firm also processed 252.30 million metric tons of crude oil.

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TotalEnergies SE and SINOPEC have signed a strategic cooperation agreement to develop sustainable energy solutions, including sustainable aviation fuel.

East Meets Green: TotalEnergies and Sinopec Team Up for Low-Carbon Future

TotalEnergies partners with SINOPEC to produce Sustainable Aviation Fuel at a Chinese refinery. 230,000 tons of SAF to be produced annually.

From Frying Pan To Jet Fuel: Energy Giants TotalEnergies &amp; Sinopec Team Up For China&#39;s Sustainable Fuel

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