Back in February, traders reported a surge in purchases by processors including Unipec, the trading arm of refining giant Sinopec, with millions of barrels being snapped up from the Middle East, US and West Africa.

Source: https://gcaptain.com/shipping-data-reveals-surge-in-oil-shipments-bound-for-china/

China Petroleum & Chemical Corporation (Sinopec) is now sending fillers to Tullow and the other two partners in the project, they said.

Source: https://indianexpress.com/article/business/companies/ongc-oil-india-stake-kenya-oilfield-chinese-firm-enters-fray-8622717/

Sinopec Shanghai Petrochemical Co. Ltd.

Source: https://www.prnewswire.com/news-releases/the-transformer-oil-market-size-to-grow-at-a-cagr-of-8-76-from-2022-to-2027-emergence-of-eco-efficient-transformers-to-improve-the-market-growth---technavio-301899036.html

Though Sinopec is known as a major oil and gas company, it has to achieve peak carbon by 2030 and by 2050.

Source: https://www.project-syndicate.org/commentary/china-sdgs-net-zero-why-it-has-succeeded-by-andrew-sheng-and-xiao-geng-2023-10

Why did President Biden withdraw one million barrels of oil out of the Strategic Petroleum Reserve to “sell” to Sinopec, a Chinese firm with ties to Hunter Biden?

Source: https://www.wnd.com/2023/01/joe-biden-curiously-serving-2-masters-writer-charges/