How much money does Sinopec have?

How much money does Sinopec have?

Sinopec generated roughly 2.11 trillion-yuan worth of operating revenues in 2020, down the all-time peak of almost three trillion in the previous year.

Is Sinopec in the us?

Founded and registered in the United States in July 2013, Sinopec Tech Houston Center (STHC) is the 9th technology research (R&D) center for Sinopec Corporation. STHC is the first research center established outside of China, and it is a significant achievement for our headquarters office, that is based in Beijing.

Where is Sinopec located?

It is listed in Hong Kong and also trades in Shanghai and New York. Sinopec Limited’s parent, Sinopec Group, is the world’s largest oil refining, gas and petrochemical conglomerate, headquartered in Chaoyang District, Beijing….Sinopec.

Headquarters in Beijing
Headquarters Chaoyang District, Beijing, China
Area served Worldwide

Is Sinopec state owned?

Sinopec Group is wholly owned by the state and has strategic importance as one of China’s three national oil companies. The state has robust control over the company’s operation and key management appointments.

What is largest oil company in world?

List of largest oil and gas companies by revenue

Country Company Name Revenue 2017 (US$ billion)
Saudi Arabia Saudi Aramco 314.4
Netherlands UK Royal Dutch Shell 265
China China National Petroleum Corporation 299.1
United Kingdom BP 222.8

Is Sinopec a Fortune 500 company?

State Grid rose to second place from seventh last year, surpassing the State-owned energy giants China National Petroleum Corp and Sinopec Group….More Chinese Firms in Fortune 500 Trending.

Rank 4
Title Sinopec Group
Country China
Revenue ($M) $294,344

Is Sinopec good oil?

5.0 out of 5 stars It’s slippery, it’s synthetic, it’s oil! This may have been the first synthetic oil service for this truck for all we know. Sinopec is a Chinese company if you were wondering.

Is unipec state-owned?

COSCO Shipping Tanker (Dalian), a subsidiary of China’s state-owned shipping group COSCO, was one of the companies blacklisted. This prompted Unipec, the trading arm of Asia’s top oil refiner, Sinopec, to make replacement bookings for shipments from the Middle East Gulf, shipping sources told Reuters in September.

Does China own all companies?

After 1949, all business entities in the People’s Republic of China were created and owned by the government. As of 2011, 35% of business activity and 43% of profits in the People’s Republic of China resulted from companies in which the state owned a majority interest.

What American companies does China own 2020?

General Electric (GE)

  • AMC Theatres.
  • Smithfield Foods.
  • Legendary Entertainment Group.
  • The Waldorf-Astoria.
  • Strategic Hotels & Resorts.
  • Riot Games.
  • Sheraton Universal Hotel, Marriott Downtown Los Angeles.