China Petrochemical (Sinopec Group) sees no sin in making a profit off fossil fuels. Asia's largest oil refiner operates businesses in oil and gas exploration and production; crude oil processing; oil products trading, transportation, distribution and marketing; and petrochemical products production, marketing and distribution through its main subsidiary China Petroleum & Chemical (Sinopec Corp.). The parent also participates in investment management, electrical and mechanical manufacturing, engineering, IT research and development, and importing and exporting as allowed by the State. Government controlled Sinopec Group works from nine offices in Europe, Asia, Russia, North America, and the Middle East.