PetroChina Co Ltd - Company Profile
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PetroChina Co Ltd (PetroChina), a subsidiary of China National Petroleum Corp, is an oil and gas company. It explores, develops, transmits, produces, and sells 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 transmits natural gas, crude oil, and refined products through pipelines. The company’s exploration basins include Songliao, Ordos, Tarim, Junggar, Sichuan and Bohai Bay. The company has an operational presence in China, Kazakhstan, Hong Kong, Singapore, Oman, Peru, Thailand, and Azerbaijan. PetroChina is headquartered in Beijing, China.
PetroChina Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Refined | Service Stations | PetroChina |
| Diesel | Technical Service Centers | |
| Gasoline | Oil and Gas Transportation Service | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company announced its plans to sign a refined oil product agreement with Sichuan Expressway's unit. |
| 2025 | Contracts/Agreements | In December, the company's Sales Branch signed an original refined oil framework agreement with Zhongyou Energy, under which Zhongyou Energy may purchase designated types of refined oil from PetroChina’s Chengdu branch. |
| 2025 | Plans/Strategy | In August, the company announced its plans to acquire three natural gas storage hubs from China National Petroleum Corporation for US$5.59 billion. |
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 | Spring | London | London | Houston |
| State/Province | Beijing | Texas | England | Greater London | Texas |
| No. of Employees | 367,173 | 58,000 | 85,000 | 93,700 | 43,039 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wang Hua | Chief Financial Officer; Secretary | Senior Management | 2022 | 51 |
| Ren Lixin | President | Senior Management | 2025 | - |
| Dai Houliang | Chairman | Non Executive Board | 2020 | 61 |
| Daowei Zhang | Senior Vice President; Director | Executive Board | 2023 | 52 |
| Jun Wan | Vice President | Senior Management | 2022 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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