Entity: SINOPEC
SINOPEC, short for China Petroleum & Chemical Corporation, is a major Chinese oil and gas enterprise headquartered in Beijing. It is listed in Hong Kong and Shanghai, playing a significant role in the energy sector.
SINOPEC
Etymology
SINOPEC is short for China Petroleum & Chemical Corporation.
Definition
SINOPEC, also known as China Petroleum & Chemical Corporation, is a major Chinese oil and gas enterprise.
Historical Context
SINOPEC is one of the core central State-Owned Enterprises (SOEs) overseen by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company has a political appointment structure set by the Ministry of Personnel.
Cultural Significance
SINOPEC plays a crucial role in the energy sector in China and internationally. It is listed on the stock exchanges in Hong Kong and Shanghai, contributing significantly to the country's economic growth.
Related Concepts
SINOPEC is closely related to other Chinese National Oil Companies and the energy industry as a whole.
See Also
A prominent Chinese oil and gas company known as China Petroleum & Chemical Corporation, abbreviated as SINOPEC.