According to Sinopec, the company′s oil and gas production in 2024 was 515.35 million barrels oil equivalent, up 2.2% on year. Of this, crude oil production was 281.85 million barrels, increasing by 0.3% on year while natural gas production was 1.4 trillion cubic feet, up by 4.7% on year. In 2024, Sinopec's crude oil processing volume reached 252.3 million tons, down 2% on year. Its production of oil products reached 153.49 million tons, falling 1.6% on year.

The expected crude oil production of Sinopec in 2025 is 280.15 million barrels and the expected natural gas production is 1.45 trillion cubic feet. The company plans to process 255 million tons of crude oil and produce 155 million tons of oil products.