Market Research and Company Intelligence Report on Petro China Company Limited

Submitted by: Submitted by

Views: 10

Words: 795

Pages: 4

Category: Business and Industry

Date Submitted: 08/07/2015 02:15 AM

Report This Essay

Marketreportsonchina.com presents a report on “Market Research and Company Intelligence Report on Petro China Company Limited”. The report also covers the detailed information and analysis on the company's producing and development assets. (http://www.marketreportsonchina.com/energy-utility-market-research-reports-16589/petrochina-company-limited2.html)

Aug., 07th, 2015, Mumbai, India: Market Reports on China presents the report “Market Research and Company Intelligence Report on Petro China Company Limited”. The natural gas and pipeline segment handles the transportation and sale of natural gas.

Summary

Petro China Company Limited (Petro China) is an integrated energy company and the largest oil and gas producer and distributor in China. (http://www.marketreportsonchina.com/energy-utility-market-research-reports-16589/petrochina-company-limited2.html) It is a subsidiary of the state-owned China National Petroleum Corporation (CNPC) and is listed on Shanghai Stock Exchange (SSE) under the symbol 601857.SS. CNPC holds an 86.5% stake in Petro China. The company was formed on November 5, 1999 and was part of the restructuring of CNPC.

Petro China operates in the upstream, refining and chemical, marketing, and natural gas and pipeline segments. The company's upstream segment handles the exploration, development and production of crude oil and natural gas. Its refining and chemical segment manages the refining, transportation, storage and marketing of crude oil and petroleum products, as well as handling the production and sale of basic petrochemical products, derivative chemical products and other chemical products. The segment also manages the transmission of natural gas, crude oil and refined products. The natural gas and pipeline segment handles the transportation and sale of natural gas. Petro China is also the largest transporter and seller of natural gas in China in terms of sales volume, and produces two-thirds of China's total oil and gas...