Search results
Results From The WOW.Com Content Network
CPC was founded on 1 June 1946 in Shanghai as Chinese Petroleum Corporation (中國石油) by the government of the Republic of China (ROC, then on Mainland China). With the Kuomintang's retreat to Taiwan after the Chinese Civil War, CPC was transferred from the Council of Resources to the Ministry of Economic Affairs.
By 1993, internal demand for oil exceeded domestic production, and China became a net oil importer. [10] China became dependent on imported oil for the first time in its history in 1993 due to demand rising faster than domestic production. [4] In 2006, it imported 145 million tons of crude oil, accounting for 47% of its total oil consumption.
CNPC is the government-owned parent company of publicly listed PetroChina, which was created 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 hydrocarbon exploration and production, refining and marketing, chemicals and natural gas businesses.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Top-weighted countries include Taiwan, China and South Korea. 2024 YTD performance: 16.2%. ... which includes 24 countries and is one of the most commonly followed benchmarks in this space. With ...
The Taoyuan Refinery (traditional Chinese: 桃園煉油廠; simplified Chinese: 桃园炼油厂; pinyin: Táoyuán Liànyóu Chǎng) is an oil refinery in Guishan District, Taoyuan City, Taiwan. The Taoyuan Refinery, operated by CPC Corporation's Refining Business Division, is located at No. 50, Section 1, Minsheng North Road, Nanshang Village ...
China's dependence on foreign oil weakens its ability to pressure Taiwan, since a conflict may trigger a US oil embargo as a consequence. [25] Since Sudan is pro-Chinese and Chad was pro-Taiwan (and an oil producer since 2003), China had an interest in replacing Chad's president Idriss Déby with a pro-Chinese leader. The FUC Chad rebellion ...
Genel Energy/CPC Taiwan Somaliland: Central Somaliland oil fields Aktobe 41.6° 0.73% Kazakhstan: Novorossiysk: Al Shaheen 26.51° 2.49% North Oil Company (Qatar) Qatar: Mesaieed Al-Jurf 30.0° 1.90% Libya: Farwah FPSO Alaska North Slope 31.9° 0.93% United States: Alaska Marine Terminal Alba (Equatorial Guinea) 53.0° 0.02% Equatorial Guinea ...