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25. China National Petroleum
China National Petroleum
Rank: 25 (Previous rank: 24)
CEO: Jiang Jiemin
Employees: 1,117,345
Address: 6 Liupukang St.
Beijing  100724
Country: China
Website: www.cnpc.com.cn
China’s largest oil and gas company jumped one position in the Global 500 rankings on a 17% increase in sales. The company’s future seems secure: It recently announced the discovery of the Nanpu oil field, the biggest oil field China has located in the past three decades, according to the company’s annual report. China National Petroleum also newly identified 565.2 billion cubic meters of natural gas in Sulige Gas Province, which was China's first gas field with a proven reserve of more than 1 trillion cubic meters.
Revenues 129,798.3 17.4
Profits 14,925.3 12.5
Assets 218,919.9
Stockholders' equity 141,804.9
Revenues 11
Assets 7
1 Exxon Mobil 2 372,824.0
2 Royal Dutch Shell 3 355,782.0
3 BP 4 291,438.0
4 Chevron 6 210,783.0
5 Total 8 187,279.5
6 ConocoPhillips 10 178,558.0
7 Sinopec 16 159,259.6
8 China National Petroleum 25 129,798.3
9 ENI 27 120,564.7
10 Valero Energy 49 96,758.0
11 Statoil Hydro 59 89,223.9
12 Petrobras 63 87,735.0
13 SK Holdings 86 70,716.9
14 Lukoil 90 67,205.0
15 Repsol YPF 92 67,006.4
16 Petronas 95 66,218.2
17 Marathon Oil 108 60,044.0
18 Indian Oil 116 57,427.0
19 Nippon Oil 117 57,049.2
20 PTT 135 51,192.5
21 Sunoco 168 42,101.0
22 Rosneft Oil 203 36,184.0
23 Reliance Industries 206 35,914.9
24 Nippon Mining Holdings 215 35,139.5
25 Hess 240 31,924.0
26 Idemitsu Kosan 262 29,843.9
27 GS Holdings 267 29,476.7
28 Bharat Petroleum 287 27,872.8
29 Hindustan Petroleum 290 27,717.9
30 OMV Group 295 27,432.8
31 Cosmo Oil 302 26,568.0
32 Cepsa 313 25,853.2
33 CPC 324 24,808.0
34 Tesoro 388 21,675.0
35 Formosa Petrochemical 395 21,343.8
36 Petro-Canada 430 19,788.8
37 Murphy Oil 456 18,439.1
38 PKN Orlen Group 477 17,567.3
39 Galp Energia 484 17,331.3
From the July 21, 2008 issue
Government owned 50% or more.
Revenues: excise taxes have been deducted.
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