Sinopec to boost spending by 18% after decade-high profit

China's state giant determined to increase domestic production of shale gas

Buoyant: Sinopec's profits rise to decade high thanks to high oil and gas prices — Buoyant: Sinopec's profits rise to decade high thanks to high oil and gas pricesPhoto: AFP/SCANPIX

Xu Yihe

Singapore

Sinopec China Shale Asia & Oceania East Asia

Published 28 March 2022, 10:17Updated 30 March 2022, 12:44