PetroChina engages in a wide range of activities related to oil and natural gas including petrochemicals, polymers, synthetic rubbers and fertilizers as well as a broad range of petroleum-related activities. It is organised into four sectors: Chemicals and Marketing, Exploration and Production, Refining and Marketing, and Natural Gas and Pipelines.
In the chemicals business, PetroChina will insist on making optimised arrangements, enhancing development of leading new products, developing high quality and high value added products, and improving the competitiveness of leading products.
The company will also continue to promote the construction of key refining facilities to improve the competitiveness and profitability of the refining segment. The refining business structure will be optimised and the efficiency of the marketing network.
PetroChina's management will persist in enhancing the company's value and strive to maximise the benefit and value for its shareholders. The company will make substantial efforts in technological and management innovation, further strengthen its internal control mechanism and monitoring system which comply with regulatory requirements in the market.
Headquartered in Beijing, China, PetroChina had a turnover of RMB 1,019bn in 2009.
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Chairman: Jiang Jiemin
President and vice chairman: Zhou Jiping
Executive director: Liao Yongyuan
Non-executive director: Wang Yilin
Non-executive director: Zeng Yukang
Non-executive director: Wang Fucheng
Non-executive director: Li Xinhua
Non-executive director: Wang Guoliang
Non-executive director: Jiang Fan
Non-executive director: Chee-Chen Tung
Non-executive director: Liu Hongru
Non-executive director: Franco Bernab
Non-executive director: Li Yongwu
Non-executive director: Cui Junhui
PetroChina CompanyWorld Tower 16 Andelu, Xicheng district Beijing 100011 China
Tel: +86 10 8488 6270 Fax: +86 10 8488 6260 Email: firstname.lastname@example.org
PetroChina engages in a wide range of activities related to oil and natural gas. PetroChina was established on 5 November 1999 as a subsidiary of the China National Petroleum Corporation (CNPC). Restructuring the business, CNPC injected most of its assets and liabilities relating to its exploration and production, refining and marketing, chemical and natural gas businesses into PetroChina.
More about PetroChina Structure
PetroChina's management will persist in enhancing the company's value and strive to maximise the benefit and value for its shareholders. The company will make substantial efforts in technological and management innovation, further strengthen its internal control mechanism and monitoring system which comply with regulatory requirements in the market. This it hopes will promote the continuous, effective and relatively speedy development of the company into the future. (Edited from annual report and company website). ICIS also provides you with key financial data listed in table form.
More about PetroChina Strategy & Financial Highlights
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