Sinopec generated roughly **** trillion yuan worth of operating revenues in 2024. Compared to the previous year, operating revenues decreased by 4.3 percent.
Sinopec company profile
Headquartered in Beijing, China Petroleum & Chemical Corporation (Sinopec) was the largest Chinese oil, gas, and petrochemical company on the Fortune China 500 in 2023. The company specializes in products such as gasoline, diesel, kerosene, chemical feedstock, and other refined petroleum products. A significant amount of Sinopec’s revenue is achieved from gasoline and diesel sales. Over the past decade, the annual refinery throughput of Sinopec had been steadily rising and reached ***** million metric tons in 2024.
Sinopec's crude oil and natural gas production
In 2024, Sinopec's crude oil production reached ****million barrels of crude oil domestically in China, while another ** million barrels were produced abroad. As for Sinopec's natural gas production, the production volume has multiplied itself from a mere 441 billion cubic feet in 2010 to around *** trillion cubic feet in 2024.
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Yahoo! Finance. (March 23, 2025). Revenue of China Petroleum and Chemical Corporation (Sinopec) from 2014 to 2024 (in billion yuan) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/227274/sinopecs-operating-revenue/
Yahoo! Finance. "Revenue of China Petroleum and Chemical Corporation (Sinopec) from 2014 to 2024 (in billion yuan)." Chart. March 23, 2025. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/227274/sinopecs-operating-revenue/
Yahoo! Finance. (2025). Revenue of China Petroleum and Chemical Corporation (Sinopec) from 2014 to 2024 (in billion yuan). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/227274/sinopecs-operating-revenue/
Yahoo! Finance. "Revenue of China Petroleum and Chemical Corporation (Sinopec) from 2014 to 2024 (in Billion Yuan)." Statista, Statista Inc., 23 Mar 2025, https://www.statista.com/statistics/227274/sinopecs-operating-revenue/
Yahoo! Finance, Revenue of China Petroleum and Chemical Corporation (Sinopec) from 2014 to 2024 (in billion yuan) Statista, https://www.statista.com/statistics/227274/sinopecs-operating-revenue/ (last visited June 06, 2025)
Revenue of China Petroleum and Chemical Corporation (Sinopec) from 2014 to 2024 (in billion yuan) [Graph], Yahoo! Finance, March 23, 2025. [Online]. Available: https://www.statista.com/statistics/227274/sinopecs-operating-revenue/