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In 2023, PetroChina received the equivalent of US$343 million in state subsidies. [25] PetroChina was allowed to accelerate its renewable energy business in 2022, installing 5.36 gigawatts of wind and solar power plants and 11.2 million square meters of geothermal projects during the first half of the year.
CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999, as part of the restructuring of CNPC.In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, refining and marketing, chemicals and natural gas businesses.
Fushun Petrochemical Company is a refining and petrochemical division of PetroChina. It is located in Fushun, Liaoning province, northeastern China. It is a manufacturer of different petrochemical products, as also catalysts for oil processing and noble metal refining. As of 2006, Fushun Petrochemicals was the world's largest producer of paraffin.
Wang Yilin (Chinese: 王宜林; pinyin: Wáng Yílín; born September 1956) is a Chinese business and oil magnate who was the chairman of the Board of China National Petroleum Corporation (CNPC) and the chairman of the Board of PetroChina.
The pipeline is owned and operated by PetroChina West–East Gas Pipeline Company, a subsidiary of PetroChina. Originally, it was agreed that PetroChina would have owned 50% of the pipeline, while Royal Dutch Shell, Gazprom, and ExxonMobil had been slated to hold 15% each, and Sinopec 5%. However, in August 2004, the Board of Directors of ...
Rumaila Operating Organization was founded by BP, PetroChina, the State Oil Marketing Organization (SOMO) and Basra Oil Company (BOC) (formerly South Oil Company (SOC)) in order to operate the 20-year rehabilitation and expansion of Rumaila oil field in southern Iraq, [1] which was discovered in 1953 and has been in operation since 1954, with extensive exploration and production since the late ...
A commercial oil tanker receives oil at a terminal off Iraq. Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications.
PetroChina's Tarim oil fields operations are headquartered in Korla. [2] [3] The Tarim oil fields are one of Xinjiang's three largest oil fields, the other two being Jungar and Tuha. Tarim includes: Tahe oil field; Tazhong oil field