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China National Petroleum Corporation

In: Business and Management

Submitted By Jiji19870802
Words 2433
Pages 10
China National Petroleum Corporation (CNPC) is based on the national reform program, in July 1998 in the former China National Petroleum Corporation, established on the basis of the large petroleum and petrochemical enterprise group, is a state-authorized investment institutions and state holding company, is the implementation of upstream and downstream, domestic and foreign trade, production and marketing integration, according to the modern enterprise system and the operation of trans-regional, cross-sectoral, cross-border operations, integrated oil companies.
As China's largest crude oil, natural gas producer, suppliers and the largest oil refining producer and suppliers, China National Petroleum Group is involved in oil, gas exploration and development, refining chemicals, pipeline transportation, oil and gas refinery product sales, petroleum engineering technical services, petroleum machinery manufacturing, oil trade and other fields, in China's oil and gas production, processing and market-dominant position in the U.S. "oil Intelligence Weekly" top 50 ranking of the world's oil companies, China National Petroleum Group, ranked No. 10 , in the "Fortune" magazine published in 2004, ranking the world's top 500 enterprises, from the previous year's first 69 upgraded to 52 bits, ranking ahead of 17.
China National Petroleum Group registered a total capital of 114.9 billion Yuan, the existing total assets of 736.2 billion Yuan in China in the northeast, north, northwest, southwest vast region has 13 large and giant oil and gas field enterprises, 16 large and giant Oil Refinery and Chemical Company, 19 oil-marketing companies and a large number of research institutes and oil petroleum and petrochemical construction operations, technical services, machinery manufacturing enterprises, in the Middle East, North Africa,…...

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