China Petroleum and Natural Gas Group Corporation (abbreviated as "China Petroleum" or "PetroChina" in Chinese) is an important state-owned backbone enterprise, a comprehensive international energy company focusing on oil and gas business, engineering and technical services, petroleum engineering construction, petroleum equipment manufacturing, financial services and new energy development, and one of the major oil and gas producers and suppliers in China.
China Petroleum and Natural Gas Group Corporation is a super-large state-owned central enterprise directly managed by the central government. According to the institutional reform plan of the State Council, it was established on July 1998 on the basis of the former China Oil and Gas Group Company. It is a state-authorized investment institution and a state-controlled company. It is a comprehensive oil company that integrates upstream and downstream, domestic and foreign trade, production and marketing, operates according to the modern enterprise system, and operates across regions, industries and countries.
2011/430000 tons of crude oil, 95.48 billion cubic meters of natural gas, 15 1320000 tons of processed crude oil and 10369000 tons of refined oil.
At the same time, it gained rights and interests overseas, with crude oil output of 6.5438+0.6423 million tons and natural gas output of 2.59 billion cubic meters. The annual sales income is 2168 billion yuan, and the profit is 82.5 billion yuan.
In 2000 1 year, the proven geological reserves of oil and natural gas in China increased by 728 1.7 million tons and 570.2 billion cubic meters respectively, and the equivalent of newly proven oil and gas reserves exceeded1100 million tons for nine consecutive years.
As the largest producer and supplier of crude oil and natural gas in China, China Petroleum Group's business involves oil and natural gas exploration and development, refining and chemical industry, pipeline transportation, sales of oil and natural gas refined products, petroleum engineering and technical services, petroleum machinery processing and manufacturing, petroleum trade and other fields, and occupies a leading position in China's oil and natural gas production, processing and market.
In 2008, China Petroleum ranked 5th in the comprehensive ranking of the world's top 50 oil companies by Petroleum Intelligence Weekly, 6th in the ranking of Fortune magazine 201kloc-0/fortune 500 companies, and was awarded by Buffett magazine in the 2009 list of listed companies in China 100.
In May, 20021,it joined the methane emission control alliance of China oil and gas enterprises.
scope of business
Oil and gas business: exploration and production, refining and chemical industry, sales, natural gas and pipelines;
Engineering technical services: geophysical prospecting, drilling, logging and underground operation;
Petroleum engineering construction: oil and gas field ground engineering, pipeline construction and oil refining equipment construction;
Petroleum equipment manufacturing industry: exploration equipment, drilling and production equipment, oil refining equipment, special oil pipelines and power equipment;
Financial services: fund management, financial insurance;
Transportation services: transportation of dangerous chemicals, transportation of special bulky goods, foreign-related transportation, social logistics, etc.
New energy development: unconventional oil and gas resources, biomass energy and other renewable energy.