PetroChina Co., Ltd. Class A
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in mil. unless spec.Company Description
- CEO
- Lixin Ren
- Full Time Employees
- 367,173
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- 9 Dongzhimen North Street Beijing BE China 100007
- IPO Date
- Apr 6, 2000
- Website
- petrochina.com.cn
- Similar Companies
- Business
- PetroChina Company Limited (601857.SS) engages in the exploration, development, production, and sale of crude oil and natural gas, as well as the refining, transportation, and marketing of petroleum products and petrochemicals. The company operates through segments including Exploration and Production; Refining and Chemicals; Marketing; Natural Gas and Pipeline; and New Energy and Materials, offering products such as gasoline, diesel, jet fuel, lubricants, polypropylene, polyethylene, PVC, and methanol; services encompass upstream oil and gas operations, downstream refining with capacities exceeding 4 million barrels per day, LNG trading, and pipeline transportation networks spanning over 100,000 kilometers across China. PetroChina maintains extensive geographic operations primarily in China, with international presence in Asia, Africa, the Middle East, and the Americas, targeting state-owned enterprises, industrial customers, retail consumers, and international energy markets. Founded in 1999 and headquartered in Beijing, China, the company functions as a subsidiary of China National Petroleum Corporation (CNPC). In recent developments within the last two years, PetroChina expanded its new energy initiatives through strategic partnerships for green hydrogen production and carbon capture projects, completed a major acquisition of overseas oil assets in Kazakhstan to bolster reserves, secured a significant RMB 50 billion funding round for LNG infrastructure upgrades, launched advanced petrochemical facilities in Guangdong province emphasizing sustainable feedstocks, and announced a reorganization to integrate digital technologies across upstream operations amid China's energy transition push.
Company News
PetroChina set for record trading profit as war upends market, sources say
PetroChina to carry out its first LNG bunker fuelling in Singapore
Chinese refiners suspend Oct fuel exports, PetroChina cancels cargoes, sources say
Petro Matad shares drop 19% as PetroChina blocks deliveries
Petro Matad production halted in Mongolia amid PetroChina row
PetroChina: Still A 'Buy' After H1 Outperformance
PetroChina Achieves a Strong Start for "the 15th Five-Year Plan" Interim Operating Results for the First Half of 2026 Hit New Record Highs
PetroChina H1 profit jumps 22%, fuel sales fall as China demand weakens
PetroChina H1 net profit jumps 22%, boosted by fuel sales, oil price spike
PetroChina announces first start-up of ethylene project in Xinjiang
PetroChina to begin shallow-water drilling in Suriname next year, executive says
PetroChina forecasts Chinese oil consumption will drop 4.9% this year
PetroChina, Indian Oil fail to secure tankers to load Iraqi crude, sources say
Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina
Petro Matad expects PetroChina greenlight 'shortly'
Deep under China's coal basins, PetroChina is unlocking gas from rocks
Woodside assessing preemption Inpex's buy of Petrochina's stake in Browse gas fields
Japan's Inpex to buy stake in Australian Browse gas field from PetroChina
PetroChina's first-quarter profit up on growing gas and fuel sales
CATL Surges To $306 Billion Valuation, Overtakes PetroChina Again