China National Petroleum Corporation (CNPC)
China National Petroleum Corporation (CNPC) is one of the largest state-owned oil and gas companies in the world. Established in 1988, CNPC operates across the entire oil and gas value chain, including exploration, production, refining, and marketing.
CNPC engages in oil and gas exploration and production activities both domestically in China and internationally. The company has a vast portfolio of oil and gas fields, including both conventional and unconventional resources. CNPC's operations cover onshore and offshore exploration, as well as the development of oil and gas fields in various regions worldwide.
CNPC has pursued an aggressive international expansion strategy, seeking to secure energy resources and expand its presence globally. The company has invested in exploration and production projects in countries such as Sudan, Iraq, Venezuela, Kazakhstan, and others. CNPC's international operations contribute significantly to China's energy security by diversifying its sources of oil and gas.
In addition to exploration and production, CNPC operates refining and marketing businesses. The company owns and operates refineries across China, producing a wide range of petroleum products for domestic and international markets. CNPC also has an extensive distribution network, including pipelines, terminals, and retail outlets, enabling the supply and distribution of petroleum products.
CNPC places a strong emphasis on technological innovation and development. The company invests in research and development to enhance its capabilities in exploration, production, refining, and other areas. CNPC has made significant advancements in areas such as deepwater exploration, shale gas development, and enhanced oil recovery techniques.
Founded: 1988
Headquarters: Dongcheng District, Beijing, China
Office in Dubai: P.O Box 72509, Dubai, UAE
Website: http://www.cnpc.com.cn/en/