"The predecessor of China Petroleum & Chemical Corporation (hereinafter referred to as the company) is China Petroleum & Chemical Corporation, which was established in July 1983. In July 1998, in accordance with the deployment of the Party Central Committee on the implementation of strategic reorganization of the petroleum and petrochemical industry, PetroChina China Petroleum & Chemical Corporation was reorganized on the basis of National Chemical Corporation. In August 2018, it was restructured into China Petroleum & Chemical Corporation. The company is a very large petroleum and petrochemical enterprise group with a registered capital of 326.5 billion yuan. The chairman is a statutory Representative, headquartered in Beijing. The company exercises the rights of investors such as asset benefit, major decision-making and selection of managers for the relevant state-owned assets of its wholly-owned enterprises, holding companies and joint-stock companies, and operates, manages and supervises state-owned assets in accordance with the law. , and bear corresponding responsibility for value preservation and appreciation.
The company's main business scope includes: industrial investment and investment management; exploration, mining, storage and transportation (including pipeline transportation), sales and comprehensive utilization of oil and natural gas; coal production, sales, storage and transportation; petroleum refining; refined oil storage , transportation, wholesale and retail; production, sales, storage and transportation of petrochemical, natural gas chemical, coal chemical and other chemical products; production, sales, storage and transportation of new energy products such as hydrogen, solar energy, wind energy and geothermal; new energy Car charging and swapping business and related services; exploration, design, consultation, construction, and installation of petroleum and petrochemical projects; petroleum and petrochemical equipment inspection and repair; R&D, manufacturing and sales of electromechanical equipment; production and sales of electricity, steam, water and industrial gases; Research, development, application, and consulting services for technology, e-commerce, information, and alternative energy products; self-operated and agency import and export of related goods and technologies; foreign project contracting, bidding and procurement, labor export; international warehousing and logistics business, etc.
At present, the company is China's largest supplier of petrochemical products and refined oil, the second largest oil and gas producer, the world's largest oil refining company, and the second largest chemical company. The total number of gas stations ranks second in the world. In 2022, Fortune 》Ranked 5th among the world's top 500 companies.