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China Petroleum & Chemical Corporation (SNP.L)

LSE - LSE Delayed price. Currency in USD
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45.21-0.70 (-1.52%)
At close: 02:30PM BST

China Petroleum & Chemical Corporation

No. 22 Chaoyangmen North Street
Chaoyang District
Beijing 100728
China
86 10 5996 0028
https://www.sinopec.com

Sector(s)Energy
IndustryOil & Gas Integrated
Full-time employees385,691

Key executives

NameTitlePayExercisedYear born
Mr. Baocai YuPres & Exec. Director62kN/A1965
Ms. Donghua ShouCFO & Head of Accounting InstitutionN/AN/A1970
Mr. Yiqun LingSr. VP & Exec. DirectorN/AN/A1963
Mr. Hongbin LiuSr. VP & Exec. DirectorN/AN/A1963
Mr. Yonglin LiSr. VP & Exec. DirectorN/AN/A1967
Mr. Wensheng HuangVP & Sec. to the Board of DirectorsN/AN/A1967
Mr. Rifeng ZhaoVPN/AN/A1963
Mr. Yang ChenDeputy Head of the BoardN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

Corporate governance

China Petroleum & Chemical Corporation’s ISS governance QualityScore as of 1 September 2022 is 9. The pillar scores are Audit: 2; Board: 3; Shareholder rights: 10; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.