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  • Previous Rank
    4
  • Revenues ($M)
    $326,008
  • Revenue Percent Change
    24.2%
  • Profits ($M)
    $-690.5
  • Profits Percent Change
    -137%
  • Assets ($M)
    $629,410.50
  • Employees
    1,470,193

China’s largest energy company, China National Petroleum, explores, refines and sells crude oil and natural gas, in addition to manufacturing equipment and offering oil field services. That, coupled with international diversification in recent years, has propelled the behemoth to the No. 4 rank among companies worldwide. At the same time, the company is facing pressure from stricter environmental standards in many markets, as well as tense trade relations between the U.S. and China.

Company Information

Government owned 50% or more.
CEO
Zhang Jianhua
Sector
Energy
Industry
Petroleum Refining
HQ Location
Beijing
Websitehttp://www.cnpc.com.cn
Years on Global 500 List18
Employees1,470,193

China National Petroleum Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$326,00824.2%
Profits ($M)$-690.5-137%
Assets ($M)$629,410.50-
Total Stockholder Equity ($M)$313,663.80-

Profit Ratios

Profit as % of Revenues-0.2%
Profits as % of Assets-0.1%
Profits as % of Stockholder Equity-0.2%