China National Petroleum Corporation
China National Petroleum Corporation(CNPC)is the world's 3rd largest oil company based in China and plays a leading role in China's petroleum industry. The corporation integrates the business portfolios of both an oil company and an oilfield service provider, with operations covering the entire oil and gas industry value chain. Having oil and gas assets and interests in over 30 countries, the corporation is playing a greater role in the global petroleum circle.
CNPC is committed to promoting socioeconomic development by ensuring energy security. It strives for harmonious relationships between operations and safety, energy and the environment, corporate and community interests, and employers and employees.
As the exploration and development of oil and gas proceed, there are fewer oil and gas resources that are easy to discover and tap, and the produced petroleum is becoming more inferior. To satisfy ever increasing energy demand and meet higher environmental protection standards, CNPC's technical innovation is focused on increasing the exploration success ratio of complex oil and gas reservoirs, enhancing the recovery efficiency of mature oilfields, developing unconventional hydrocarbon resources, improving the quality of refined and chemical products, and ensuring clean operation.