CNPC is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. It was ranked fourth in the 2022 Fortune Global 500 list.
CNPC is the government-owned parent company of PetroChina, which was created in 1999 as part of CNPC’s restructuring.
- Headquarters
- The headquarters of CNPC is located at 9 Dongzhimen North Street, Dongcheng District, Beijing, P.R. China, 100007.
- Business Sectors
- CNPC operates in various sectors including oil and gas exploration and production, refining and chemicals, natural gas and pipelines, and marketing and trading. It also provides oilfield services such as geophysical prospecting, well drilling, and offshore operations.
- Investments, Subsidiaries, and Affiliates
- CNPC has oil and gas assets and interests in over 30 countries across Africa, Central Asia-Russia, America, the Middle East, and Asia-Pacific.
- PetroChina is a major subsidiary of CNPC, holding significant cash reserves for potential acquisitions.
- CNPC has been involved in various international projects, including investments in LNG in Qatar and oil and gas fields in Central Asia.
- Website
- Acquisitions
- CNPC has a history of international acquisitions, although major M&A activities were paused in 2013. The company is currently looking to revive its global dealmaking strategy, focusing on LNG and deep-sea drilling.
- How to Get a Job in the Company
- CNPC offers various career opportunities and has a comprehensive onboarding program. Interested candidates can explore job openings on platforms like CNPC USA’s career page or Indeed. The company emphasizes career development and offers training programs for employees.