PetroChina Company Limited is an integrated energy company engaged in the exploration, development, production and sale of crude oil and natural gas. The company is the publicly listed arm of China National Petroleum Corporation (CNPC), one of China’s major state-owned energy groups.
Its business activities include oil and gas exploration and production, crude oil refining, petrochemical manufacturing, fuel marketing and distribution, and the processing, transportation, storage and sale of natural gas. PetroChina also operates or participates in pipeline and other energy infrastructure projects and supplies a range of fuels, lubricants, chemical products and other petroleum-related products.
Headquartered in Beijing, PetroChina serves customers throughout China through its production assets, refineries, pipelines, retail network and natural gas operations. The company also has international exploration, production and energy investments. PetroChina was established in 1999 as part of the restructuring of CNPC’s petroleum and petrochemical businesses and has shares listed in Hong Kong and Shanghai, with its American depositary securities traded over the counter in the United States.
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