Sinopec (SNP) Discovers New Oil & Gas at China’s Shunbei Posted byZacks Equity Research August 26, 2021 Leave a comment on Sinopec (SNP) Discovers New Oil & Gas at China’s Shunbei Sinopec’s (SNP) oil production from the Shunbei field jumps almost 30% throughout 2020 to 1 million tons.