China National Petroleum Corporation

CNPC PetroChina

China National Petroleum Corporation (hereinafter referred to as "CNPC") is an important state-owned backbone enterprise. It is a comprehensive international energy company mainly engaged in oil and gas business, engineering and technical services, oil engineering construction, oil equipment manufacturing, financial services, new energy development, etc. it is a major oil and gas company in China One of the manufacturers and suppliers. In 2014, it ranked third among the world's 50 largest oil companies and fourth among Fortune's 500 largest companies. With the goal of building a world-class comprehensive international energy company, PetroChina has become a leading company in green development and sustainable development by implementing strategic development, adhering to innovation driven, focusing on quality and efficiency, accelerating the transformation of development mode, achieving the world's advanced level of major indicators by 2020, comprehensively improving competitiveness and profitability.

Business areas include:

Exploration and production: the company is engaged in the exploration and development of new energy such as oil, natural gas and coalbed methane in the vast areas of land and sea in China, and carries out domestic and foreign cooperative exploration and development according to the authorization.

Oil refining and chemical industry: the company follows the international product standards and technical, safety and environmental standards, implements the integrated production and management of oil refining and chemical industry, and has strong strength in the oil refining and chemical industry.

Sales: the company has established a perfect refined oil sales network system and chemical products marketing channels, forming a nationwide, focused and efficient marketing network.

Natural gas and pipeline: natural gas and pipeline business is one of the most growing core businesses of PetroChina. The company adheres to the principle of "simultaneous development of oil and gas", accelerates the development of natural gas business, and builds international oil and gas pipelines in Central Asia, China Kazakhstan, China Russia, China Myanmar, etc.

International oil and gas business: the company vigorously implements the "going out" strategy, forming a pattern of coordinated development of oil and gas exploration and development, refining and processing, sales and trade, pipeline transportation and engineering and technical services.

International Trade: relying on the strong strength of PetroChina, the company actively develops the international market. Trade methods include import and export, re export, overseas processing, oil refining, blending, warehousing, transportation, wholesale and retail, etc.

Engineering and technical services: the company has a complete range of petroleum engineering and technical service team, mature technology series and characteristic technology to deal with various complex geological conditions, and is an important petroleum engineering and technical service provider in the world.

Petroleum Engineering Construction: the company has a professional and efficient engineering construction team, whose business covers survey, design, procurement, construction, supervision and testing, and can provide high-quality petrochemical engineering construction services for users all over the world. It is the world leader in the construction of long-distance oil and gas pipelines.

Petroleum Equipment Manufacturing: petroleum equipment manufacturing business covers petroleum and natural gas exploration, development, production, storage and transportation, oil refining, petrochemical and other fields. It has developed and produced thousands of petroleum equipment and exported to nearly 80 countries and regions.

Scientific and technological innovation: the company is engaged in the exploration and development of new energy such as oil, natural gas and coalbed methane in vast areas of land and sea in China, and carries out domestic and foreign cooperative exploration and development according to the authorization.

Company logo:

PetroChina's logo is a 10 equal petal pattern composed of red and yellow. The colors of the logo are red and yellow, taking the basic colors of the Chinese national flag and reflecting the characteristics of the oil and gas industry. The logo is round as a whole, implying the development strategy of PetroChina's internationalization. The petal pattern of ten equal parts symbolizes the collection of PetroChina's main business. The red base highlights the corner of the square, which not only shows the strong foundation of PetroChina, but also contains the infinite cohesion and creativity of PetroChina. The appearance is flower shaped, reflecting PetroChina's social responsibility to create energy and environment harmony. The rising sun in the logo center symbolizes the vigorous development and bright future of PetroChina.

listed company

China National Petroleum Corporation (CNPC) is the largest oil and gas producer and distributor in China's oil and gas industry. It is one of the companies with the largest sales revenue in China and one of the largest oil companies in the world. PetroChina is a joint stock limited company established exclusively by CNPC on November 5, 1999 in accordance with the company law and the special provisions of the State Council on overseas stock raising and listing of joint stock limited companies. The ADSS and H shares issued by PetroChina were listed on the New York Stock Exchange Limited and the stock exchange of Hong Kong Limited on April 6 and 7, 2000 respectively (New York Stock Exchange ads code PTR, stock exchange of Hong Kong stock code 857), and on November 5, 2007 were listed on the Shanghai Stock exchange (stock code 601857).

Since its establishment, PetroChina has established and improved a standardized corporate governance structure in accordance with relevant laws, regulations, normative documents and articles of association, such as the company law and the necessary provisions of articles of association of companies listed overseas. The general meeting of shareholders, board of directors and board of supervisors of the company can operate independently and effectively in accordance with the articles of association.

PetroChina is committed to becoming an international energy company with strong competitiveness and one of the important producers and sellers of petroleum and petrochemical products in the world. PetroChina is widely engaged in various businesses related to oil and natural gas, mainly including: exploration, development, production and sales of crude oil and natural gas; refining, transportation, storage and sales of crude oil and petroleum products; production and sales of basic petrochemical products, derivative chemical products and other chemical products; transportation and sales of natural gas, crude oil and refined oil .

Guided by the scientific outlook on development, PetroChina has accelerated the implementation of the three major strategies of resources, market and internationalization, focused on accelerating the transformation of growth mode, focused on improving the ability of independent innovation, focused on establishing a long-term mechanism of safety, environmental protection and energy conservation, focused on building a harmonious enterprise, and committed to developing into an international energy company with strong competitiveness.

PetroChina's sole sponsor and controlling shareholder is China National Petroleum Corporation (CNPC). CNPC is a super large petroleum and petrochemical enterprise group established on the basis of former China National Petroleum Corporation in July 1998 in accordance with the State Council's institutional reform plan. It is one of the super large state-owned enterprise groups authorized by the state and managed by SASAC.