PetroChina Co Ltd (PetroChina), a subsidiary of China National Petroleum Corporation, is an oil and gas company. It explores for and develops and produces crude oil and natural gas; refines crude oil and petroleum products; and produces and sells basic and derivative chemical products and others. The company also carries out the production and marketing of primary petrochemical products. It also markets and trades refined products; and transmit natural gas, crude oil and refined products through pipelines. The company’s exploration basins include Erdos, Tarim, Sichuan, Daqing, Changqing, Liaohe, Xinjiang and Bohai Bay. The company has operational presence in China, Kazakhstan, Venezuela and Indonesia. PetroChina is headquartered in Beijing City, Beijing, China.
Headquarters
China
Address
No. 9, Dongzhimen North Street, Dongcheng District, Beijing, 100007
Website
www.petrochina.com.cn
Telephone
86 10 59982622
No of Employees
417,173
Industry
Energy and Utilities
Ticker Symbol & Exchange
857 (HKG)
Revenue (2021)
$405.3B
-23.2%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
-58.4%
(2021 vs 2020)
Market Cap*
$136.5B
Net Profit Margin (2020)
XXX
-46.2%
(2021 vs 2020)
* As of and is in US$
Explore premium data & analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Refined | Service Stations | PetroChina |
| Gasoline | Technical Service Centers | |
| Diesel | Oil/Gas Transportation Service | |
| XXX | XXX | |
| XXX | XXX | |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Others | In April, The PetroChina Guangdong Petrochemical Refining and Chemical Integration Project started operations to support domestic shipping market. |
| 2022 | Others | In March, the company exploring shale oil in an aging western China basin to build a pilot zone to pump one million tonnes. |
| 2021 | Contracts/Agreements | In August, the company formed a joint venture with BP Plc to manage the giant Rumaila field in Iraq. |
Competitor Comparison
| Key Parameters | PetroChina Co Ltd | Exxon Mobil Corp | Shell plc | BP Plc | Chevron Corp |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | United Kingdom | United Kingdom | United States of America |
| City | Beijing | Irving | London | London | San Ramon |
| State/Province | Beijing | Texas | - | - | California |
| No. of Employees | 417,173 | 63,000 | 82,000 | 65,900 | 42,595 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dai Houliang | Chairman | Executive Board | 2020 | 57 |
| Chai Shouping | Chief Financial Officer, Secretary | Executive Board | 2020 | 59 |
| Huang Yongzhang | Director, President | Executive Board | 2021 | 54 |
| Ren Lixin | Senior Vice President; Director | Executive Board | 2021 | - |
| Duan Liangwei | Senior Vice President; Director | Executive Board | 2021 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer