The full name of China Petroleum is China Petroleum and Natural Gas Group Company, which is a super-large petroleum and petrochemical enterprise group established on the basis of the former China Petroleum and Natural Gas Group Company.
China Petrochemical Company, whose full name is sinopec group, is a super-large petrochemical enterprise group reorganized and established on the basis of the original sinopec group.
2. The business scope is different.
The business scope of China Petroleum is to organize the exploration, development, production, construction, processing and comprehensive utilization of onshore oil, natural gas and oil-gas primary or drilled deposits, as well as the manufacture of special machinery for petroleum; Organize the storage and transportation of the above products and by-products; Self-selling the company's system products according to national regulations; Organize the supply and sales of materials, equipment and equipment required for oil and gas production and construction.
The main business scope of China Petrochemical includes: industrial investment and investment management; Exploration, exploitation, storage, transportation, sale and comprehensive utilization of oil and natural gas; Coal production, sales, storage and transportation; Petroleum refining; Storage, transportation, wholesale and retail of refined oil; Production, sales, storage and transportation of petrochemical, natural gas chemical, coal chemical and other chemical products; Production, sales, storage and transportation of new energy, geothermal and other energy products; Exploration, design, consultation, construction and installation of petroleum and petrochemical engineering.
Maintenance and repair of petroleum and petrochemical equipment; R&D, mechanical and electrical equipment manufacturing and sales; Production and sales of electricity, steam, water and industrial gases; Research, development, application and consulting services of technology, e-commerce, information and alternative energy products; Self-management and agency of import and export business of related commodities and technologies; Foreign project contracting, bidding and purchasing, and labor export; International warehousing and logistics business, etc.
3. Companies are different in scale.
China Petroleum ranks 4th in the 20 18 Fortune 500 list. In the 20 18 list of the top 250 global energy companies released by Standard & Poor's Global Energy, PetroChina ranks 47th.
China Petrochemical 20 15 ranked second among the top 500 companies in the world. 20 16 and 20 17 are among the top 500 enterprises in the world.