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162. China National Offshore Oil
Rank: 162 (Previous rank: 252)
CEO: Wang Yilin
Employees: 97,767
Address: 25 Chaoyangmenbei Dajie
Beijing  100010
Country: China
Website: www.cnooc.com.cn

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Is China National Offshore Oil a great company, or what?
  $ millions % change from 2009
Revenues 52,408.3 70.8
Profits 7,238.7 99.2
Assets 93,661.3 --
Stockholders' equity 42,315.1 --
Profits as % of  
Revenues 14
Assets 7.7
From the July 25, 2011 issue
Government owned 50% or more.
Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.
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Top 3

Rank # of Global 500 Companies
U.S. 133
Japan 68
China 61
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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
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Company 2010 Profits
($ millions)
Nestlé $32,843
Gazprom $31,895
Exxon Mobil $30,460
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FAQ and methodology
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