# China National Petroleum Corporation

> Chinese state-owned oil and gas corporation

**Wikidata**: [Q588786](https://www.wikidata.org/wiki/Q588786)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/China_National_Petroleum_Corporation)  
**Source**: https://4ort.xyz/entity/china-national-petroleum-corporation

## Summary
China National Petroleum Corporation (CNPC) is a Chinese state-owned oil and gas corporation founded in 1988. It is the largest national oil company in China, operating in the petroleum industry and overseeing major subsidiaries like PetroChina. The corporation is headquartered in Beijing and is under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council.

## Key Facts
- Founded in 1988 (September 17).
- Headquartered in Dongcheng District, Beijing, China.
- Operates as a national oil company, distinct from international oil companies (IOCs).
- Owned and supervised by the State-owned Assets Supervision and Administration Commission of the State Council.
- Has subsidiaries including PetroChina Company Limited, established in 1999.
- Engages in petroleum industry activities, including handling oil products.
- Reports revenue figures of 2.01675666 trillion, 2.72995616 trillion, and 2.59941742 trillion (USD) across different years.
- Website URLs: http://www.cnpc.com.cn/, http://www.cnpc.com.cn/en/, http://www.cnpc.com.cn/ru/, http://www.cnpc.com.cn/es/, http://www.cnpc.com.cn:81/cnpc/index.shtml.
- Employed 1,589,508 people as of the latest data.
- Net profit figures include 56.24188 billion and 123.84468 billion (USD) for different years.
- Total assets reported as 4.03409779 trillion and 3.90629585 trillion (USD) in different years.
- Linked to 36 Wikipedia sitelinks, indicating widespread recognition.

## FAQs
- **What is the primary industry China National Petroleum Corporation operates in?** CNPC operates in the petroleum industry, focusing on oil and gas activities.
- **Who owns and supervises China National Petroleum Corporation?** It is owned and supervised by the State-owned Assets Supervision and Administration Commission of the State Council.
- **What are some of its major subsidiaries?** Key subsidiaries include PetroChina Company Limited, established in 1999, and Kunlun Energy.
- **Where is CNPC headquartered?** The corporation is headquartered in Dongcheng District, Beijing, China.
- **What is the significance of CNPC in China’s energy sector?** As the largest national oil company in China, CNPC plays a crucial role in the country’s petroleum industry, overseeing major oil fields and pipelines.
- **How does CNPC compare to international oil companies?** CNPC is classified as a national oil company, distinct from international oil companies (IOCs), reflecting its state-owned status and focus on domestic operations.

## Why It Matters
China National Petroleum Corporation is a cornerstone of China’s energy infrastructure, playing a vital role in the country’s petroleum industry. As the largest national oil company in China, CNPC oversees critical oil and gas operations, including major subsidiaries like PetroChina. Its operations are integral to China’s energy security and economic development, influencing both domestic and international energy markets. The corporation’s state-owned status and supervision by the State-owned Assets Supervision and Administration Commission of the State Council highlight its strategic importance in China’s energy sector.

## Notable For
- Being the largest national oil company in China.
- Operating major subsidiaries like PetroChina Company Limited.
- Overseeing critical oil fields such as the Liaohe oil field.
- Managing significant infrastructure projects, including the Power of Siberia pipeline and Sino-Myanmar pipelines.
- Reporting substantial revenue and asset values, reflecting its scale and influence in the petroleum industry.

## Body
### Overview
China National Petroleum Corporation (CNPC) is a Chinese state-owned oil and gas corporation founded in 1988. It is the largest national oil company in China, operating in the petroleum industry and overseeing major subsidiaries like PetroChina. The corporation is headquartered in Dongcheng District, Beijing, and is under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council.

### Industry and Operations
CNPC operates in the petroleum industry, focusing on oil and gas activities. It is classified as a national oil company, distinct from international oil companies (IOCs). The corporation engages in activities linked to handling oil products and oversees critical oil fields such as the Liaohe oil field in Liaoning Province.

### Subsidiaries and Partnerships
CNPC has several major subsidiaries, including PetroChina Company Limited, established in 1999, and Kunlun Energy. It also operates in partnership with international entities, such as the Power of Siberia pipeline, a natural gas pipeline in Russia and China, and the Sino-Myanmar pipelines, international infrastructure projects.

### Financials and Supervision
CNPC reports revenue figures of 2.01675666 trillion, 2.72995616 trillion, and 2.59941742 trillion (USD) across different years. It employs 1,589,508 people and has net profit figures of 56.24188 billion and 123.84468 billion (USD) for different years. The total assets reported are 4.03409779 trillion and 3.90629585 trillion (USD) in different years. The corporation is supervised by the State-owned Assets Supervision and Administration Commission of the State Council.

### Headquarters and Location
CNPC is headquartered in Dongcheng District, Beijing, China. The headquarters are located in Beijing, the capital city of China, which has a rich history dating back to the Ming dynasty. The corporation’s operations are integral to China’s energy sector, influencing both domestic and international energy markets.

### Related Entities
CNPC is related to several key entities, including the State-owned Assets Supervision and Administration Commission of the State Council, which oversees its operations. It is also linked to major oil and gas companies like PetroChina and Kunlun Energy, as well as critical infrastructure projects such as the Power of Siberia pipeline and Sino-Myanmar pipelines. Additionally, CNPC is connected to the Liaohe oil field and Baoshan Iron & Steel, highlighting its extensive network in China’s energy and industrial sectors.

### Significance and Impact
CNPC plays a crucial role in China’s petroleum industry, overseeing major oil and gas operations. Its state-owned status and supervision by the State-owned Assets Supervision and Administration Commission of the State Council highlight its strategic importance in China’s energy sector. The corporation’s operations are integral to China’s energy security and economic development, influencing both domestic and international energy markets.

## References

1. GRID Release 2017-01-10
2. Virtual International Authority File
3. Freebase Data Dumps. 2013
4. [annual report](http://www.cnpc.com.cn/en/2014enbv/201504/1a93feff260b477f999ab802945d38e2/files/4218dd05ada64779bbb375fcea4a3534.pdf)
5. [Source](https://finance.sina.com.cn/zt_d/2019_zq500qbd/)
6. GRID Release 2015-12-14
7. GRID Release 2016-12-06
8. Quora
9. Microsoft Academic Knowledge Graph