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Rank: 13 (Previous rank: 25)
CEO: Jiang Jiemin Employees: 1,618,393 Address: 9 Dongzhimen N. St. Beijing, 100007 Country: China Website: www.cnpc.com.cn PetroChina's government-owned parent company boosted oil production to a record in 2008 to keep up with the world's fastest growing major economy. That's after contending with the worst snowstorm in half a century at its fields and an 8-magnitude earthquake. 2008 marked the seventh straight year of increased crude output, even as China's GDP growth cooled to 9% from 13% in 2007. Publicly traded PetroChina shares have tanked with the drop in oil prices, but in the beginning of 2008 the company led Exxon as the world's biggest company by market value. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Petroleum Refining
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...What Readers Say
They speak out on China National Petroleum and other 500 companies...
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| Company | 2008 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,100,000 |
| China National Petroleum | 1,618,393 |
| State Grid | 1,537,000 |
| Company | 2008 Profits ($ millions) |
|---|---|
| Exxon Mobil | $45,220 |
| Gazprom | $29,864 |
| Royal Dutch Shell | $26,277 |