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Author Topic: Top 10 Oil & Gas Companies: Number 5 - PetroChina  (Read 1302 times)

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Top 10 Oil & Gas Companies: Number 5 - PetroChina
« on: May 14, 2013, 07:23:06 AM »

The fifth oil and gas company on the list is 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.

Barrels Per Day  4.4 millionFounded 1999
Headquarters     Dongcheng District, Beijing, China
State Owned?    Yes
Key Personnel    Jiang Jiemin (Chairman) / Zhou Jiping (CEO)
Revenue            CNĄ 2.003 trillion (2011)
Employees         552,810 (2011)

PetroChina’s flower-shaped logo’s colours match China’s national flag, and its ten petals represent the company’s core businesses.

Adewale Odubiyi
Owner, Nigeria Oil & Gas Forum

Nigeria Oil & Gas Forum

Top 10 Oil & Gas Companies: Number 5 - PetroChina
« on: May 14, 2013, 07:23:06 AM »


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