Rank: 7 (Previous rank: 9)
CEO: Su Shulin
Address: 22 Chaoyangmen N. St.
Chinaís second-largest refining and gas company is trying to get a little greener in the new decade. In 2009, China Petrochemical Corp., also known as Sinopec Group, cut its CO2 emissions by 16.3%, meeting its energy-saving goal a year earlier than planned. The company is also actively exploring alternative and renewable energy sources.
But itís fossil fuels that boost the bottom line, and Sinopec is likely to get a little relief from Beijingís ease on gasoline price controls, which had been raised several times in the last year to reflect higher costs in the oil industry.
-- Mary Jo A. Pham
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Is Sinopec a great company, or what?
|Company||2009 Number of Employees|
|China National Petroleum||1,649,992|