Tuesday, November 13, 2007

PetroChina Is The World's Largest Company

PetroChina, the main oil and gas producer in China, became the world's largest company after trading on the Shanghai Stock Exchange on November 5, 2007. Now they are bigger than Exxon Mobil.

PetroChina produced 1 billion barrels of oil in 2006 and had revenue of $92 billion. Jiang Jiemin is the chairman of PetroChina.

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