What is the difference between Bibi and Sinopec?

Difference between Bibi and Sinopec: Sinopec Bibi is a subsidiary of China Petrochemical. Bibi is not China Petrochemical, but a joint venture between PetroChina and British BP Group.

Petrochina Bibi Guangdong Petroleum Co., Ltd., referred to as PetroChina BP for short, was established in Jiangmen City, Guangdong Province on September 6, 2004 with the approval of the Ministry of Commerce (No.20041397), and was formally established on October 8, 2004 with the approval of the Ministry of Commerce.

It is also the first and largest retail joint venture of refined oil products in China established by China Oil and Gas Co., Ltd. and British BP Group. Now it is merged into PetroChina Bibi Petroleum Co., Ltd. and its headquarters is moved to Guangzhou, Guangdong Province. Petrochina Bibi adopts the joint brand of China Petroleum and BP Group, with a total investment of 4.775 billion yuan and a registered capital of 654.38+58.5 million yuan.

BP Group: One of the largest energy companies in the world, engaged in oil and gas exploration and production, power generation, renewable energy, oil refining and chemical industry in more than 65,438+000 countries around the world. BP operates fuel oil and various convenience commodities in more than 26,000 gas stations around the world, serving more than 3 million customers of/kloc-0 every day. With a total investment of over US$ 4 billion in China, BP is one of the largest foreign-funded enterprises in China.