Three barrels of oil is the abbreviation of three oil companies in China.

"Three barrels of oil" refers to the collection of the three giants that occupy a monopoly position in China's oil and gas industry, and is the abbreviation of PetroChina, Sinopec and CNOOC.

1. PetroChina is a large state-owned central enterprise directly managed by the central government. Is a comprehensive international energy company mainly engaged in oil and gas business, engineering and technical services, petroleum engineering construction, petroleum equipment manufacturing, financial services and new energy development.

2. China Petrochemical Co., Ltd. is a super-large petroleum and petrochemical enterprise group reorganized by the state on the basis of the former sinopec group in July 1998. It is a state-owned company wholly owned by the state, an institution authorized by the state to invest and a state holding company.

3. CNOOC is a super-large state-owned enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council of China. Headquartered in Beijing, CNOOC is the first industrial industry in China to open to the outside world in all directions after the reform and opening up.

note:

1. PetroChina * * * member enterprises include overseas enterprises, engineering technical service enterprises, engineering construction enterprises, sales enterprises, natural gas and pipeline storage and transportation enterprises, equipment manufacturing enterprises, scientific research and universities, oil and gas field enterprises, oil refining enterprises and sales enterprises.

2. China Petrochemical's refined oil sales network is mainly composed of three parts, namely, the sales network composed of a wholly-owned subsidiary of China Petrochemical, provincial petroleum branches (including Hong Kong companies) and their regional (city) companies, and the sales network established by China Petrochemical in a nationwide joint venture with other refined oil business units by franchise.