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PetroChina's Dushanzi District refinery became fully operational on 24 September 2009. The refinery is China's largest refinery with annual capacity of 10 million tons of oil and 1 million tons of ethylene. The refinery is an integral part of China's ambitions to import oil from Kazakhstan. [17]
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.
China National Offshore Oil Corporation, or CNOOC Group (Chinese: 中国海洋石油总公司; pinyin: Zhōngguó Háiyáng Shíyóu Zǒnggōngsī), is the third-largest national oil company in China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec).
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On 17 October 2023, an equity agreement was signed between Sinopec and KazMunayGas JSC for a 30% stake in a $7.7bn polyethylene project in Kazakhstan, which is expected to start construction in the second half of 2024. [130] In 2023, Sinopec was approved to invest $4.5 billion in refinery construction at Hambantota International Port, Sri Lanka.
United Arab Emirates The US$3.29 billion Habshan–Fujairah oil pipeline was built with China Petroleum Pipeline Bureau, another subsidiary of CNPC. [1] The construction work was carried out from March 2008 to March 2011.
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.