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Sinochem is China ’s one of the four national oil companies that has been engaged in the oil business for over 50 years and has  developed its own business models and industrial layout. Sinochem enjoys the extensive recognition in China and abroad and plays an active role in the oil market.

Sinochem’s petrolum business consists of six major segments: exploration & production, crude oil trading, fuel oil trading and distribution, light oil trading and distribution, warehousing & logistics and refining.

As one of the four national petroleum companies, Sinochem Corporation is committed to safeguarding the national energy security and contributing to the harmonious development of resources and environment. In the recent years, Sinochem has sped up the strategic realignment, seeking to expand along the petroleum industrial chain to the upstream and downstream sectors while solidifying and enhancing our competitive edge in the international oil trading sector, with an effort to complete the layout on key joints of the industrial chain.: the oil & gas E&P is seeing the scale effect; the refining capability gained significant progress; oil distribution and retail network are steadily moving forward; the strategic layout of the petrochemical warehousing and logistics has initially completed. Sinochem Corporation has developed into a national oil company with prominent characteristics, complete industrial chain and important industrial influence.

By tapping over five decades of experience in resources acquisition, channel and operations in the both international and domestic markets, Sinochem plays an active role in domestic and international oil and gas supply and the state’s strategic oil inventory, strive to help the nation build up diversified crude oil and oil products supply system and take an increasingly important part in China’s energy market.

In future, Sinochem shall continue to speed up the pace on petroleum business, strive to enhance our strength and competency in every link of the whole industrial chain, synchronize the growth of the scale with that of the economic and social results, increase the marketing and sales capability of the crude oil, light oil and fuel oil, enhance the petroleum warehousing service ability and profitability, keep growing the oil business and become a world-renowned oil company with premium oil and gas resources and strong operation competency, market influence and sustainability.

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