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PE
National Oil Company Integrated HKEX: 0857

PetroChina

Beijing, China · Established 1999 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

PetroChina Company Limited is the listed arm of CNPC and Asia's largest oil and gas producer, operating upstream fields in Daqing, Tarim, and Changqing, plus refining capacity exceeding 2 mbpd and 22,000+ retail stations. FY2024 revenue approximated $430 billion with net income near $25 billion. Domestic production exceeds 4.3 mbpd oil equivalent with growing natural gas share from Sichuan and Tarim basins. Refining and chemicals provide integrated margin capture. Strategic priorities include...

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