No 2 China National Petroleum
Fortune Global 500 2014 rank: 4
Revenue: $432,007.7 million
Profit: $18,504.8 million
Along with competitor Sinopec, China National Petroleum, also known as PetroChina, rose a spot this year after posting a 5.7 percent increase in sales. With a 30-year deal for Russian gas signed in May, the State-owned company is in a good spot for future growth.
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A man visits the stand of CNPC (China National Petroleum Corporation), the parent company of PetroChina, during an exhibition in Chongqing, China, May 17, 2014. [Photo/IC] |
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