Top 10 Oil & Gas Companies: PetroChina
China's biggest oil producer and the listed arm of state-owned China National Petroleum Corporation (CNPC).
Add bookmarkTop 10 Oil & Gas Companies: 2018
China's biggest oil producer and the listed arm of state-owned China National Petroleum Corporation (CNPC).
In addition to being the second largest company in the world in terms of market capitalization, PetroChina is also the most profitable company in Asia and the biggest employer in the top ten with over half a million employees.
Unfortunately, PetroChina’s image was rocked by a 2005 chemical spill which left 5 dead and 60 people injured. In addition to this CNPC’s subsidiary, Sinopec’s links to Sudan has seen a number of multinational organisations seeking to avoid controversy divesting in the organisation.
READ MORE: China’s Energy Future: How The Middle Kingdom Learned To Love LNG
Barrels Per Day 4.4 million
Founded 1999
Headquarters Dongcheng District, Beijing, China
State Owned? Yes
Key Personnel Jiang Jiemin (Chairman) / Zhou Jiping (CEO)
Revenue $428 billion (2017)
Employees 552,810 (2017)
Website http://www.petrochina.com.cn/ptr/
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DID YOU KNOW?
PetroChina’s flower-shaped logo’s colours match China’s national flag, and its ten petals represent the company’s core businesses.
WATCH THIS OVERVIEW ON PETROCHINA:
Sumit Dutta heads up Marketing at Oil & Gas IQ. Contact him at Twitter or Google Plus