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China National Petroleum Corporation
China National Petroleum Corporation (CNPC) ()〔A common shortname for the corporation in Chinese, ''Zhongguo Shiyou'' (中国石油), formerly shared the same name as the Chinese Petroleum Corporation, the Republic of China (Taiwan)'s state-owned fuel corporation.〕 is a Chinese state-owned oil and gas corporation and the largest integrated energy company in China. Its headquarters are in Dongcheng District, Beijing.〔"(Contact Us )." China National Petroleum Corporation. Retrieved on July 8, 2010. 〕
CNPC is the parent of PetroChina, the fourth largest company in the world in terms of revenue as of July 2014.
==Corporate structure==
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. CNPC and PetroChina develop overseas assets through a joint venture, CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina.
In March 2014, CNPC chairman Zhou Jiping announced that CNPC would be opening six business units to private investors.〔(【引用サイトリンク】url=http://petroglobalnews.com/2014/03/cnpc-chairman-starts-courting-private-investors/ )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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