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 |
|
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
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