China National Petroleum Corp - Company Profile
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China National Petroleum Corp (CNPC) is an integrated energy company. It conducts oil and gas upstream, midstream and downstream operations, oilfield services, engineering and construction and others. Vertically integrated operations and strong foothold in China give a competitive edge to the company over its peers, even as, private ownership could remain cause for concern. Increase in demand for natural gas, increase in demand for oil in global and strategic initiatives could provide the company growth opportunities. However, fluctuations in oil and gas prices, competition and exploration and production risks could affect its operations.
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