# PetroChina Company Limited

> Chinese oil and gas company

**Wikidata**: [Q503182](https://www.wikidata.org/wiki/Q503182)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/PetroChina)  
**Source**: https://4ort.xyz/entity/petrochina-company-limited

## Summary  
PetroChina Company Limited is a major Chinese oil and gas company and a subsidiary of the state-owned China National Petroleum Corporation (CNPC). Listed on the Hong Kong, Shanghai, and New York Stock Exchanges, it plays a central role in China’s energy sector. Founded in 1999, it operates globally through subsidiaries like the Singapore Petroleum Company.  

## Key Facts  
- **Founded**: November 5, 1999.  
- **Parent Company**: China National Petroleum Corporation (CNPC), a state-owned enterprise established in 1988.  
- **Stock Exchanges**: Listed on the Hong Kong Stock Exchange, Shanghai Stock Exchange, and New York Stock Exchange.  
- **Revenue**: Reported revenues of $1.725 trillion (2023), $2.283 trillion (2022), $2.258 trillion (2021), $2.195 trillion (2020), and $2.003 trillion (2019).  
- **Employees**: 552,810 (2023) and 521,566 (earlier count).  
- **Net Profit**: $42.098 billion (2023), $119.028 billion (2022), $142.274 billion (2021), $145.959 billion (2020).  
- **Total Assets**: $2.393 trillion (2023), $2.405 trillion (2022), $2.342 trillion (2021), $2.169 trillion (2020), $1.918 trillion (2019).  
- **Subsidiaries**: Singapore Petroleum Company (SPC), established in 1969.  
- **Key Person**: Zhou Jiping, a Chinese businessman associated with the company.  
- **Headquarters**: Dongcheng District, Beijing, People’s Republic of China.  
- **Website**: https://www.petrochina.com.cn.  

## FAQs  
**Q: Who owns PetroChina Company Limited?**  
A: It is a subsidiary of the China National Petroleum Corporation (CNPC), a state-owned enterprise.  

**Q: Where is PetroChina listed on stock exchanges?**  
A: It is listed on the Hong Kong Stock Exchange, Shanghai Stock Exchange, and New York Stock Exchange.  

**Q: What are PetroChina’s key financial metrics?**  
A: As of recent data, it reports revenues exceeding $1.7 trillion, net profits of $42 billion, and total assets over $2.3 trillion.  

**Q: Who leads PetroChina?**  
A: Zhou Jiping, a prominent Chinese businessman, has been associated with the company’s leadership.  

**Q: What subsidiaries does PetroChina operate?**  
A: Notable subsidiaries include the Singapore Petroleum Company (SPC), active since 1969.  

**Q: Where is PetroChina headquartered?**  
A: Its headquarters are in Dongcheng District, Beijing, China.  

**Q: Why is PetroChina significant in the energy sector?**  
A: It is one of China’s largest oil and gas companies, critical to domestic energy production and global markets through its international subsidiaries.  

## Why It Matters  
PetroChina is a cornerstone of China’s energy infrastructure, driving oil and gas production, refining, and international trade. As a state-owned enterprise via CNPC, it influences national energy policies and global markets. Its listing on three major stock exchanges underscores its economic scale and accessibility to international investors. With subsidiaries like SPC, it extends China’s energy reach globally, securing resources and markets critical to China’s growth.  

## Notable For  
- **Scale**: One of China’s largest oil and gas companies by revenue and assets.  
- **Global Presence**: Listed on the Hong Kong, Shanghai, and New York Stock Exchanges.  
- **State Ownership**: Subsidiary of CNPC, reflecting China’s strategic control over energy resources.  
- **Subsidiaries**: Operates the Singapore Petroleum Company, expanding its regional influence.  
- **Financial Performance**: Consistently reports multi-trillion-dollar assets and billions in net profits.  

## Body  

### History & Ownership  
PetroChina was founded on November 5, 1999, as a subsidiary of the China National Petroleum Corporation (CNPC), established in 1988. CNPC, a state-owned entity headquartered in Beijing, oversees PetroChina’s operations, which include oil and gas exploration, production, and refining.  

### Stock Exchanges  
PetroChina is listed on three major global stock exchanges:  
- **Hong Kong Stock Exchange**: Provides access to international investors.  
- **Shanghai Stock Exchange**: Facilitates domestic investment.  
- **New York Stock Exchange**: Enhances its global financial footprint.  

### Financial Performance  
- **Revenue**: $1.725 trillion (2023), $2.283 trillion (2022), $2.258 trillion (2021), $2.195 trillion (2020), $2.003 trillion (2019).  
- **Net Profit**: $42.098 billion (2023), $119.028 billion (2022), $142.274 billion (2021), $145.959 billion (2020).  
- **Total Assets**: $2.393 trillion (2023), $2.405 trillion (2022), $2.342 trillion (2021), $2.169 trillion (2020), $1.918 trillion (2019).  

### Leadership & Operations  
- **Key Person**: Zhou Jiping, a Chinese businessman involved in the company’s management.  
- **Employees**: Over 550,000 staff (2023), reflecting its large-scale operations.  
- **Subsidiaries**: The Singapore Petroleum Company (SPC), founded in 1969 and headquartered in Singapore, operates under PetroChina.  

### Headquarters & Location  
PetroChina is headquartered in Dongcheng District, Beijing, within the People’s Republic of China. This location places it at the heart of China’s political and economic decision-making.  

### Industry Role  
As part of the petroleum industry, PetroChina engages in activities across the energy supply chain, from exploration to retail. Its operations are integral to China’s energy security and global commodity markets.  

### Website & Accessibility  
PetroChina maintains an official website (https://www.petrochina.com.cn) for public disclosure of operations, financial reports, and corporate governance.  

### Related Entities  
- **Parent Company**: CNPC, founded in 1988, employs over 1.5 million people and dominates China’s energy sector.  
- **Subsidiaries**: SPC, listed on the Singapore Exchange, extends PetroChina’s reach into Southeast Asian markets.  
- **Stock Exchanges**: Its listings on the Hong Kong, Shanghai, and New York exchanges reflect its hybrid role as both a state-owned entity and a globally traded company.  

### Domestic & Global Impact  
PetroChina’s domestic operations fuel China’s industrial and economic growth, while its international subsidiaries and stock listings position it as a global energy player. Its financial scale and state-backed structure make it a key actor in both national and international energy markets.

## References

1. Global LEI Index
2. [annual report](http://globaldocuments.morningstar.com/documentlibrary/Document/f859ff3877c41e74a6001af7ff9a8591.msdoc/original)
3. Open ISNI for Organizations
4. [Source](https://www.hkex.com.hk/eng/invest/company/profile_page_e.asp?WidCoID=0857&WidCoAbbName=&Month=&langcode=e)
5. [Source](http://www.reuters.com/finance/stocks/companyOfficers?symbol=PTR)
6. Freebase Data Dumps. 2013
7. [Source](http://www.advfn.com/exchanges/NYSE/PTR/stock-price)
8. Quora
9. [Source](https://golden.com/wiki/PetroChina-396VMW)
10. Name Suggestion Index