China National Petroleum Corporation
Company and Energy Company
Exxon, Shell invest $55b in Iraq's oil riches...a licence fee of $US1.90 a barrel will be paid by the Government. In the opening round in July, BP and CNPC won the rights to develop the Rumaya oil field, also near Basra. Oil is seen by most in government as Iraq's meal ticket. Iraq has... In this article: Iraq, Shell, ExxonMobil, Exxon, CNPC, and Europe |
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BBC News | November 05, 2009
Iraq in third overseas oil deal
...of oil a day, rising to 1.1 million a day within seven years. Raising production Last month, Iraq signed off a deal with Britain's BP and China's CNPC. The two oil companies will develop the giant southern oilfield in Rumaila. The...
In this article: Iraq, Eni, US, CNPC, Royal Dutch Shell, Exxon Mobil, Britain, and China
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BBC News | November 02, 2009
Iraq signs new overseas oil deal
...second major contract with overseas oil firms since the US-led invasion in 2003. Last month, Iraq signed off a deal with Britain's BP and China's CNPC. The two oil companies will develop the giant southern oilfield in Rumaila. The...
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Times Online | November 03, 2009
Baghdad's vast oilfield presents dilemma to would-be bidders
...11. Iraq is in talks about developing the fields after BP, Britain's biggest company, and CNPC, its Chinese partner, yesterday formally signed Iraq's first big new oil deal since the United States-led invasion of 2003. The two...
In this article: BP, Baghdad, CNPC, Iraq, Sadr City, Tony Hayward, and Moqtada al-Sadr
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Charlotte Observer | November 05, 2009
Exxon-Shell consortium wins West Qurna 1 deal
...with Iraq. The West Qurna announcement comes two days after Iraq finalized a deal with British oil giant BP PLC and China's CNPC to develop its biggest oil field, the 17.8 billion barrels Rumaila in the south. BP and CNPC - who...
In this article: Shell, Iraq, CNPC, Eni SpA, Exxon Mobil Corp., Exxon, U.S., and Revenue
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L.A. Times - Middle East | November 06, 2009
Exxon Mobil-led consortium to develop major Iraqi oil field
This week, a group led by Italy's Eni that includes the U.S. company Occidental Petroleum Corp. initialed a preliminary agreement, and China National Petroleum Corp. and Britain's BP finalized an accord to develop oil fields in the south.
In this article: Exxon Mobil Corp., Iraq, U.S., Baghdad, China National Petroleum Corp., Occidental Petroleum Corp., Royal Dutch Shell, and Eni
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Sydney Morning Herald - Business | November 03, 2009
Iraq signs mega oil deal with BP, CNPC
...tomorrow (Wednesday)," he said. The two companies will operate through a joint venture in which Iraq's State Oil Marketing Organisation (SOMO) will have 25 per cent, BP 38 per cent and CNPC 37 per cent. Shahristani said development of the...
In this article: BP, CNPC, Iraq, Joint venture, Tony Hayward, Saddam Hussein, and Britain
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The Australian | November 03, 2009
China biggest oil player in Iraq
...Petroleum Corporation finalise agreement on Iraq's Rumaila oil field A CONSORTIUM made up of BP and China National Petroleum Corporation (CNPC) finalised an agreement yesterday to develop southern Iraq's giant Rumaila oil field, after...
In this article: BP, Iraq, Credit crunch, CNPC, Tony Hayward, and John Faulkner
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MarketWatch | November 03, 2009
BP, CNPC pledge $15 billion for big Iraq oil field
...oil field NEW YORK (MarketWatch) - BP and China National Petroleum Corp. on Tuesday pledged to invest $15 billion in Iraq to build up output at the country's vast Rumaila oil field to the second-largest in the world. BP...
In this article: CNPC, Iraq, Fossil fuel, NEW YORK, Revenue, and Ray Irani
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Description from Wikipedia:
China National Petroleum Corporation (CNPC) (simplified Chinese: 中国石油天然气集团公司, traditional Chinese: 中國石油天然氣集團公司, Hanyu Pinyin: Zhongguo Shiyou Tianranqi Jituan Gongsi) is a state-owned fuel-producing corporation and the largest integrated oil and gas company in the People's Republic of China. As of 2006, it was the second largest company in the world in terms of number of employees.
- Name:
- China National Petroleum Corporation
- Type:
- Government-owned corporation
- Location City:
- Beijing
- Location Country:
- China
- Region:
- Global (27 countries)
- Founded:
- Beijing, China ()
- Industry:
- Oil & Gas
- Key People:
-
- Wang Guoliang (CFO)
- Jiang Jiemin (President)
- Products:
-
- Petrochemical
- Oil (fuels, lubricants)
- Natural Gas
- Oil Exploration Services
- Oil Exploration Equipments
- Revenue:
- $110.552 billion USD (2006)
- Net Income:
- $13.256 billion USD (2006)
- No. of Employees:
- 1,086,966 (2006)
- Subsidiaries:
- PetroChina
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