PetroChina Company Limited
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Full Time Employees
- 417,173
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- No. 9 Dongzhimen North Street Beijing People's Republic of China 100007
- IPO Date
- Feb 11, 2013
- CIK
- 0001108329
- Website
- petrochina.com.cn
- Similar Companies
- Business
- PetroChina Company Limited engages in integrated oil and gas exploration, development, production, transportation, and sales primarily in Mainland China, with expanding international operations. Its core products and services include crude oil and natural gas exploration and production; refining of crude oil into petroleum products such as gasoline, diesel, kerosene, lubricating oils, paraffin, asphalt, and low-sulfur marine fuel oils; production and marketing of primary and derivative petrochemical products including polyolefins, ethylene, propylene, and other chemicals; trading of refined petroleum and non-oil products; natural gas transmission and sales; and new energy resources including renewable energy projects. The company also provides chemical engineering, storage facilities, and related technical services. Founded in 1999 and headquartered in Beijing, PetroChina operates through various segments including Oil, Gas and New Energy; Refining, Chemicals and New Materials; Marketing; and Natural Gas Sales. It is a subsidiary of China National Petroleum Corporation. Recent major developments include PetroChina's strategic acquisitions of three significant gas storage companies—Xinjiang Gas Storage, Xiangguosi Gas Storage, and Liaohe Gas Storage—totaling around RMB 40 billion (approximately $5.6 billion), which enhances its gas storage capacity by 11 billion cubic meters and consolidates these entities as subsidiaries. Additionally, PetroChina plans to shut down its Dalian refinery by mid-2025 while simultaneously advancing green energy investments exceeding $800 million to bolster renewable energy and power segments. The company has progressed in hydrogen energy initiatives including contracts for next-generation alkaline electrolysis projects and partnerships to scale green hydrogen production. PetroChina's subsidiary, PetroChina International, has expanded its international LNG market presence through multiple agreements in 2025, including partnerships with European and Asian entities for LNG sales, regasification, storage, and bunkering services. It also approved the final investment decision for a new refinery and petrochemical complex in Northeast China to enhance its refining capacity. PetroChina continues to target net-zero emissions by 2050 with a focus on integrating non-fossil energy sources to comprise 7 percent of total capacity by 2025, reflecting its strategic shift towards sustainable energy development and expanded global LNG operations.
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