Overview

CNPC is a major national oil and gas corporation of China. It is also described as one of the largest integrated energy groups in the world. In the 2022 Fortune Global 500 list, CNPC was ranked fourth.

CNPC is the government-owned parent company of PetroChina. PetroChina was created in 1999 as part of CNPC’s restructuring. Within this structure, PetroChina is a major subsidiary of CNPC.

Headquarters

The headquarters of CNPC is located at 9 Dongzhimen North Street, Dongcheng District, Beijing, P.R. China, 100007. The address includes the street number and name, the Dongcheng District, the city of Beijing, the country, and the postal code. The postal code is 100007. The company’s principal office is therefore in Beijing, China.

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.

  • Oil and gas exploration and production
  • Refining and chemicals
  • Natural gas and pipelines
  • Marketing and trading
  • Oilfield services, including geophysical prospecting, well drilling, and offshore operations

International Operations and Investments

CNPC has oil and gas assets and interests in over 30 countries. These are located across Africa, Central Asia-Russia, America, the Middle East, and Asia-Pacific.

  • Africa
  • Central Asia-Russia
  • America
  • Middle East
  • Asia-Pacific

PetroChina is a major subsidiary of CNPC and holds 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.

Acquisitions

CNPC has a history of international acquisitions. 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.

Careers

CNPC offers various career opportunities and has a comprehensive onboarding program. Interested candidates can explore job openings on platforms such as CNPC USA’s career page or Indeed.

The company emphasizes career development and offers training programs for employees.