PetroChina

PetroChina Overview

Company Headquarters: Beijing, China

Founded: 1999

Workforce: ~4, 76,223

Company Working: PetroChina is the global oil and gas producer and supplier. The company operates in exploration, development, refining of crude oil and petroleum products, production and sales of basic and derivatives chemical products and other chemical products, the marketing and trading of refined products, and transmission of natural gas, crude oil, and refined products. The company offers styrene butadiene styrene under the derivative petrochemicals segment. The company has oil and gas corporation in more than 30 countries and three international oil and gas operation hub.

Strategy

PetroChina invests heavily in exploration and production activities with a focus on domestic operations. The company has extensive research and development capabilities and has invested around 2.2 million in R&D in 2019. Further, the company strives to become a global leader and plans to develop new projects in Central Asia, the Middle East, and the Americas.

Company Snapshot

$290.2M

Revenue

76,223

Employees

1999

Founded

Beijing, China

Headquarters

SWOT Analysis

Strengths

Strong market presence in China
Focused research & development activities

Weaknesses

Deficit in networking capital
Limited product portfolio

Opportunities

Strategic capital investments
Expansion of production bases in neighbouring countries

Threats

Fluctuation in raw material prices

Product Offering

PetroChina
- Styrene Butadiene Styrene (SBS)

Financial Performance

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