Our annual ranking of the world's largest corporations

6 of 500
6. China National Petroleum
China National Petroleum
Rank: 6 (Previous rank: 6)
CEO: Jiang Jiemin
Employees: 1,668,072
Address: 9 Dongzhimen N. St.
Beijing, 100007
Country: China
Website: www.cnpc.com.cn

China National Petroleum has become a major player in the oil industry, both by partnering with the governments of oil-rich nations such as Iraq and Qatar as well as by ramping up domestic oil and gas production. In 2011, CNPC produced 107.54 million tons of crude oil in China -- a 2% increase from the previous year -- the company stated in its 2011 financial report. Like many other oil companies, CNPC is also boosting its natural gas production. --S.D.

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  $ millions % change from 2010
Revenues 352,338.0 46.7
Profits 16,317.0 13.6
Assets 481,073.5 --
Stockholders' equity 240,534.5 --
Profits as % of  
Revenues 4.6
Assets 3.3918
From the July 23, 2012 issue
Government owned 50% or more.
Excise taxes have been deducted.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
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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