China National Petroleum Corporation, an integrated energy company, produces and supplies oil and gas. The company is engaged in the hydrocarbon exploration and production operations in onshore and offshore areas in the People's Republic of China, as well as in Africa, Central Asia-Russia, South America, the Middle East, and the Asia-Pacific. It also owns and operates pipeline networks and storage systems covering 29 provinces, municipalities, and autonomous regions, as well as Hong Kong SAR. The company operates a pipeline network of 72,878 kilometers, including 17,640 kilometers for crude oil, 45,704 kilometers for natural gas, and 9,534 kilometers of pipeline for refined products; and 20,...
9 Dongzhimen North Street
Founded in 1955
Gazprom and China National Petroleum Corporation Agree on Outlook for Joint Development of Gas-Fired Power Generation
Dec 2 14
Gazprom and China National Petroleum Corporation discussed the outlook for joint development of gas-fired power generation.
China National Petroleum Reportedly Seeks To Sell Oil Fields
Nov 27 14
China National Petroleum Corporation will sell 35 % in Northeast China's Jilin Oil Field and in Tianjin-based Dagang Oil Field to private investors, jiemian.com reported. PetroChina Co. Ltd. (SEHK:857) is also considering divesting some of its low-profit oil fields to optimize resource allocation given the bearish
outlook on global oil prices.
CNPC Interested In More Stake In Vankorneft
Nov 18 14
China National Petroleum Corporation will consider acquiring large stake in ZAO Vankorneft owned by OJSC OC Rosneft (LSE:ROSN). Zhang Xin, Director of Foreign Relations at China National Petroleum Corporation, "According to this document, which we consider to be a very good financial project, we agreed on acquiring 10% of Rosneft's shares, that is acquiring the entire amount that Rosneft was ready to sell. We are ready to consider acquiring the majority of shares as well."