Wang Tianpu, an oil industry veteran, was put under investigation in April, Reuters reported.
In a brief statement, the watchdog said that Wang accepted gifts, abused his position for the benefit of his relatives, spent public money on banquets, took bribes and engaged in extortion.
"Wang Tianpu was a senior leadership cadre in the party, and he severely broke discipline," he Central Commission for Discipline Inspection said in its statement.
His case has been handed over to the legal authorities, it added, meaning he will face prosecution.
The company said it was fully behind the decision.
"We support the decision of the party centre and have zero tolerance for corruption," a Sinopec media official told Reuters.
It was not possible to reach Wang for...