(EnergyAsia, May 3) — State-owned China Petroleum & Chemical Corporation or Sinopec Corp said its first quarter net profit grew 16.02% to more than RMB9.637 billion on revenue of RMB174.127 billion (+34.35% over the previous year). In a statement, Sinopec attributed the rise to China’s strong demand growth for refined oil products and petrochemical products,…

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