PetroChina Company Limited
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in mil. unless spec.Company Description
- CEO
- Lixin Ren
- Full Time Employees
- 367,173
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- 9 Dongzhimen North Street Beijing BE People's Republic of China 100007
- IPO Date
- Feb 13, 2009
- CIK
- 0001108329
- Website
- petrochina.com.cn
- Similar Companies
- Business
- PetroChina Company Limited engages in the exploration, development, production, transportation, and marketing of crude oil and natural gas; refining of crude oil into petroleum products; production and sale of primary petrochemicals, derivative petrochemicals, other chemicals, and new materials; marketing and trading of refined products and non-oil products; and transmission and sales of natural gas, with operations spanning Mainland China and international markets. The company, founded in 1999 and headquartered at No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, operates through segments including Oil, Gas and New Energy Resources; Refining, Chemicals and New Materials; Sales; and Natural Gas Sales, serving domestic and global customers in the integrated oil and gas sector as a subsidiary of China National Petroleum Corporation. Recent developments include approval in 2025 to acquire three natural gas storage facilities—Xinjiang Gas Storage, Xiangguosi Gas Storage, and Liaohe Gas Storage—from its parent CNPC for approximately $5.6 billion to boost working gas capacity by 10.97 billion cubic meters and enhance natural gas industry chain efficiency; commencement of a $9.56 billion northeast refinery complex in Dalian following the closure of its prior Dalian refinery unit by mid-2025; a July 2025 contract with Aodeyuan for a next-generation alkaline electrolysis green hydrogen project in Shenzhen; strategic partnerships such as a November 2024 MoU with Petronas on LNG, specialty chemicals, green hydrogen, and CCUS; and a 2024 investment of US$839 million to acquire CNPC Electric Energy to support green energy initiatives including renewable power for hydrogen production.
Company News
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 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
PetroChina (OTCMKTS:PCCYF) Trading Up 4.5% – Time to Buy?
PetroChina: Positive On FY2025 Beat And Potential Catalysts
PetroChina plugs Singapore plant's shortfall with crude from China storage, trackers say
PetroChina says operations 'overall normal', Strait of Hormuz accounts for about 10% of its supplies