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10. China National Petroleum
China National Petroleum
Rank: 10 (Previous rank: 13)
CEO: Jiang Jiemin
Employees: 1,649,992
Address: 9 Dongzhimen N. St.
Beijing  100007
Country: China
Website: www.cnpc.com.cn
China National Petroleum is its nationís largest state-owned oil and gas producer. Since its founding in 1988, the company has expanded across 12 countries from Asia to Africa to South America. It has 14 large oil and gas field enterprises, 14 large-scale refining and petrochemical companies, and R&D units located across China.

In 2009, China National posted record overseas oil and gas production. The company also sealed a cooperative crude processing deal with Taiwan in June which could help improve the often testy relationship between the two governments.

-- M.J.P.

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Is China National Petroleum a great company, or what?
  $ millions % change from 2008
Revenues 165,496.5 -8.6
Profits 10,272.5 0.0
Assets 325,384.1 --
Stockholders' equity 185,946.0 --
Profits as % of  
Revenues 6.2
Assets 3.2
From the July 26, 2010 issue
Government owned 50% or more.
Excise taxes have been deducted.
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Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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