China National Petroleum Corporation (CNPC)
China National Petroleum Corporation (CNPC) is one of the largest state-owned energy companies in China and one of the world's leading integrated oil and gas companies. Founded in 1988, CNPC is headquartered in Beijing and operates under the direct control of the State-owned Assets Supervision and Administration Commission (SASAC) of the Chinese government.
As an integrated energy company, CNPC's operations cover a wide range of activities along the entire hydrocarbon value chain, including exploration, production, refining, marketing, and distribution of petroleum and natural gas.
CNPC is actively involved in oil and gas exploration and production both domestically and internationally. The company has extensive operations in various oil and gas fields, both onshore and offshore, within China and across the globe. It also engages in joint ventures and partnerships with international oil companies to explore and develop oil and gas resources in different countries.
In the downstream segment, CNPC owns and operates a significant number of refineries and petrochemical facilities, producing a wide range of petroleum products, such as gasoline, diesel, jet fuel, and petrochemicals. The company is a key supplier of refined petroleum products in China and plays a crucial role in meeting the country's growing energy demands.
CNPC has been actively involved in developing and investing in natural gas projects, including pipelines and liquefied natural gas (LNG) facilities. As China looks to diversify its energy mix and reduce carbon emissions, natural gas has become an essential component of the country's energy strategy, and CNPC's expertise in the natural gas sector is critical in achieving these goals.
Founded: 1988
Headquarters: Dongcheng District, Beijing, China
Office: Building 607, Kuwait
Website: http://www.cnpc.com.cn/en/
