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olume billion yuan Staff number 552,810 Registered capital billion yuan Global 500 5th Essential information Exploration and production engineering technology Specific Business Scope market shares(in China) 1Exploration and production sector: Sinopec owns 25%,and Petrochina posses70%. 2Oil refining and chemical market segments: Sinopec owns 65%, and Petrochina posses 30%. 3Sales business sector: Sinopec sells 2950 thousand everyday, and Petrochina sells 2150 thousand a day 4International market。 Petro stepped into The Iraqi market in2023, and acquired Petroleo Brasileiro SA in 2023. The international petitiveness of Chinese chemical industry ? 95% of chemical engineering industries in China are small and mediun size panies, and many foreign enormous panies march into Chinese market ,leading ours under disadvantageous situation. It became even worse when China join in WTO. Market of the middle and lower reaches of the product using rude oil as material are mainly taken over by the foreign panies. ? the situation is not pleasant. Conclusion ? Since our big panies are petitive while the medium and small ones are under unpleasant situation, keeping our big ones up with the international ones , intergrating and transformating our medium and small panies are extremely urgent . Chemical pany in the USA Top 3 (Rank by Fortune Global 500 2023) Top 3 : Phillips 66 (rank 16 of 500) In May 2023, Phillips 66 debuted as an independent downstream energy pany with refining, marketing, midstream and chemicals businesses operating across the globe. About Operating receipt in 2023 : $ Profit in 2023: $ billion Value Petroleum Natural Gas Speciality Petrochemicals Business Business Strategies strong operating excellence profitable growth returns on capital shareholder distributions a highperforming anization Top 2 : Chevron Corporation (rank 11 of 500) Chevron has a long, robust history, which began when a group of explorers and merchants established the Pacific Coast Oil Co. on Se