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  • Previous Rank3
  • Revenues ($M)$262,573
  • Revenue Percent Change-12.3%
  • Profits ($M)$1,867.5
  • Profits Percent Change-73.7%
  • Assets ($M)$585,619
  • Employees1,512,048

Exploring hydrocarbon production operations onshore and offshore, this Chinese state-owned company is the largest integrated energy company in China. CNPC integrates the business portfolios of an oil company and oilfield service provider, but also continues operations in the entire oil and gas industry value chain. As renewable energy becomes cheaper and more marketable in the world, CNPC will have to keep up with rising environmental protection standards and the growing demand for energy in the country, especially as China emerges as a leader in the Paris Climate Accord.

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Company Information

Zhang Jianhua
Petroleum Refining
HQ Location
Beijing, China
Years on Global 500 List17
Government owned 50% or more.

China National Petroleum Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$262,573-12.3%
Profits ($M)$1,867.5-73.7%
Assets ($M)$585,619-
Total Stockholder Equity ($M)$301,893-

Profit Ratios

Profit as % of Revenues0.7%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity0.6%