Top 10 Oil & Gas Companies: PetroChina
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.
READ MORE: China’s Energy Future: How The Middle Kingdom Learned To Love LNG
Barrels Per Day 4.4 millionFounded 1999
Headquarters Dongcheng District, Beijing, China
State Owned? Yes
Key Personnel Jiang Jiemin (Chairman) / Zhou Jiping (CEO)
Revenue CN¥ 2.003 trillion (2011)
Employees 552,810 (2011)
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.