China Petroleum & Chemical Corp. is an energy producing and chemical company.
It is engaged in the exploration, production, refining and transportation of petroleum products which includes crude oil and natural gas. The company was founded on February 2000 and its headquarters are situated in Beijing (China). It currently has 358,571 employees and is headed by Li Chunguang (CEO).
The company operates through the following segments:
The Exploration and Production segment: It Explores and produces crude oil and natural gas.
The Refining segment: It refines and processes crude oil and natural gas to produce petroleum products.
The Marketing and Distribution segment: It operates the service stations, and sells final products in wholesale or retail.
The Chemicals segment: It manufactures and sells chemical products.