FACTOID # 25: If you're tired of sitting in traffic on your way to work, move to North Dakota.
 
 Home   Encyclopedia   Statistics   States A-Z   Flags   Maps   FAQ   About 
   
 
WHAT'S NEW
RELATED ARTICLES
People who viewed "Petrochina" also viewed:
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Petrochina
PetroChina Company Limited
Type Public (SEHK: 0857, SSE: 601857, NYSE: PTR)
Founded 1999
Headquarters Dongcheng, Beijing, People's Republic of China
Key people Jiemin Jiang, President, Chairman.
Guoliang Wang, CFO.
Industry Integrated oil and gas
Revenue $90.4 billion USD 2006
Employees ~464,000 (2007)
Website PetroChina

PetroChina Company, Limited (simplified Chinese: 中国石油天然气股份有限公司, traditional Chinese: 中國石油天然氣股份有限公司) (SEHK: 0857, SSE: 601857, NYSE: PTR) is a Chinese oil company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), mainland China's biggest producer of oil.[1] This article does not cite any references or sources. ... The Hong Kong Stock Exchange (traditional Chinese: , also 港交所; abbreviated as HKEX; SEHK: 0388) is the stock exchange of Hong Kong. ... The Shanghai Stock Exchange (SSE) (Simplified Chinese: ; Traditional Chinese: ; pinyin: ) is a Chinese stock exchange based in the city of Shanghai, with a market capitalization of nearly US$2. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... Spanning an area of 24. ... Peking redirects here. ... CFO is usually short for Chief Financial Officer, but may also mean: Carrier frequency offset Ceramic fiber optics Chief Fire Officer Chief of Flight Operations Conselho Federal de Odontologia (cfo. ... Petro redirects here. ... For other uses, see Natural gas (disambiguation). ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... USD redirects here. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... This article is about work. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Simplified Chinese character (Simplified Chinese: or ; traditional Chinese: or ; pinyin: or ) is one of two standard sets of Chinese characters of the contemporary Chinese written language. ... Traditional Chinese characters refers to one of two standard sets of printed Chinese characters. ... The Hong Kong Stock Exchange (traditional Chinese: , also 港交所; abbreviated as HKEX; SEHK: 0388) is the stock exchange of Hong Kong. ... The Shanghai Stock Exchange (SSE) (Simplified Chinese: ; Traditional Chinese: ; pinyin: ) is a Chinese stock exchange based in the city of Shanghai, with a market capitalization of nearly US$2. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... This article lacks information on the importance of the subject matter. ... ...


Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007,[1] and following its debut on the Shanghai index, its market value tripled. The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... The Shanghai Stock Exchange (SSE) (Simplified Chinese: ; Traditional Chinese: ; pinyin: ) is a Chinese stock exchange based in the city of Shanghai, with a market capitalization of nearly US$2. ...

Contents

History

PetroChina was established as a joint stock company with limited liabilities under the Company Law of the People's Republic of China (the PRC) 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 exploration and production, refining and marketing, chemicals and natural gas businesses. A joint stock company (JSC) is a type of business partnership in which the capital is formed by the individual contributions of a group of shareholders. ... is the 309th day of the year (310th in leap years) in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ...


Although PetroChina is the most profitable company in Asia, this success may be the result of corporate management, but can also be attributed to the near duopoly on the wholesale and retail business of oil products it shares with Sinopec in China. A true duopoly is a specific type of oligopoly where only two producers exist in one market. ... Sinopec, the China Petroleum and Chemical Corporation (Chinese: 中国石化, HKEX: 386; NYSE: SNP; LSE: SNP), is one of the major petroleum companies in China. ...


Because of its link to Sudan through parent company CNPC, several institutional investors such as Harvard and Yale decided, in 2005, to divest from Sinopec. Sudan divestment efforts have continued to be concentrated on PetroChina since then.[2] Fidelity, after pressure from activist groups, also announced in a filing in the US that it had sold 91 per cent of its American Depositary Receipts in PetroChina in the first quarter of 2007.[3] Harvard University is a private university in Cambridge, Massachusetts, USA, and a member of the Ivy League. ... YALE (Yet Another Learning Environment) is an environment for machine learning experiments and data mining. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...


At the beginning of May 2007, the company announced it had made China's largest oil find in a decade off the country's northeast coast, in an oilfield named Jidong Nanpu.[4]


On November 7, 2007, Hang Seng Index Services Company announced that PetroChina would have been Hang Seng Index Constituent Stock since December 10, 2007.[5]


Recognition

  • Forbes published its latest ranking of the “Forbes 2000 The World’s Leading Companies”. The company ranked first amongst companies in China and ranked 55 worldwide.
  • The Company won a series of awards in the competition organised by FinanceAsia, an influential magazine in Asia Pacific capital markets. The Company won the following awards:
    • Best Dividend Payout Policy, 1st
    • Best Corporate Governance, 5th
    • Best Investor Relations, 5th
  • AsiaMoney’s 2004 “Annual Best-Managed Large Companies Poll”, the Company was awarded the “Overall Best-Managed Large Cap Company” and “Overall Most Improved Company for Best-Management Practices” Awards.

This article or section does not adequately cite its references or sources. ...

References

  • 2004 Annual Report, pp.135, 137[1]
  1. ^ a b Analysts express optimism about Chinese shares (Xinhuanet.com, with source from Shanghai Daily)
  2. ^ Response to Berkshire Hathaway's statement on its holdings in PetroChina Company Limited, Sudan Divestment Task Force, 2007-02-23. Retrieved on 2007-03-28.
  3. ^ Darfur activists claim Fidelity success 2007-05-17
  4. ^ BBC NEWS | Business | China claims major oil field find
  5. ^ HSI SERVICES ANNOUNCES INDEX REVIEW RESULTS

Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 54th day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 87th day of the year (88th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... is the 137th day of the year (138th in leap years) in the Gregorian calendar. ...

External links

  • Official website
  • Petrochina stock quote Google Finance

  Results from FactBites:
 
PetroChina - Wikipedia, the free encyclopedia (314 words)
PetroChina Company Limited (SEHK: 0857, NYSE: PTR) is the listed arm of China National Petroleum Corporation (CNPC), China's biggest producer of oil.
PetroChina was established as a joint stock company with limited liabilities under the Company Law of the People's Republic of China (the PRC) on November 5, 1999 as part of the restructuring of CNPC.
Although PetroChina is the most profitable company in Asia, this success is not the result of corporate management, but due to its duoply on the wholesale and retail business of oil products with Sinopec in China.
Goldman, Sachs & Co. : Admin. Proc. Rel. No. 33-8434 / July 1, 2004 (4240 words)
PetroChina Company Limited ("PetroChina") is a joint stock company with limited liability under the Company Law of the People's Republic of China.
PetroChina was established on November 5, 1999 as a part of a restructuring of its parent, China National Petroleum Corporation ("CNPC").
PetroChina is a subsidiary of CNPC, a state-owned entity.
  More results at FactBites »

 
 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:

 


Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m