Rank: 6 (Previous rank: 10)
CEO: Jiang Jiemin Employees: 1,674,541 Address: 9 Dongzhimen N. St. Beijing 100007 Country: China Website: www.cnpc.com.cn China's appetite for energy seems almost insatiable, and the nation's largest oil company continues to rush to meet the country's needs. China National Petroleum made a profit in 2010, and it claims that it was able to add new oil and gas reserves to its portfolio quickly enough to keep the company flush with fuel. Part of CNPC's strength comes from its partnerships with governments of oil-rich countries and the multinational companies that operate there. CNPC is working with Russia, Venezuela, Iraq and Qatar, and it has partnered with BP, Total and Shell. Like Sinopec, CNPC is starting to look more and more like a multinational energy company itself. --S.D. Subscribe to Fortune Magazine Is China National Petroleum a great company, or what?
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| Company | 2010 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,100,000 |
| China National Petroleum | 1,674,541 |
| State Grid | 1,564,000 |
| Company | 2010 Profits ($ millions) |
|---|---|
| Nestlé | $32,843 |
| Gazprom | $31,895 |
| Exxon Mobil | $30,460 |
