Rank: 13 (Previous rank: 25)
CEO: Jiang Jiemin
Address: 9 Dongzhimen N. St.
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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|Company||2008 Number of Employees|
|China National Petroleum||1,618,393|