Jump to content

Zhou Jiping

The comprehensive free global encyclopedia of CEOs, corporate leadership, and business excellence
Zhou Jiping
BornMarch 1952
NationalityChinese
EducationEast China Petroleum Institute; South China Sea Institute of Oceanology, Chinese Academy of Sciences (master's degree)
OccupationPetroleum engineer, business executive
CompanyChina National Petroleum Corporation
TitleChairman of China National Petroleum Corporation (2013 to 2015); Chairman of PetroChina (2013 to 2015)

Zhou Jiping (周吉平; born March 1952) is a Chinese petroleum engineer and former state oil executive who was chairman of the China National Petroleum Corporation (CNPC), China's largest state-owned oil and gas group, and of its listed subsidiary PetroChina from April 2013 until his retirement in 2015.[1][2] Trained as a geophysicist and marine geologist, Zhou spent most of his career in CNPC's international business, where he managed its early overseas exploration and production projects from 1996 onward, including the large projects it won in Sudan, Kazakhstan and Venezuela in 1996 and 1997.[3]

Zhou became a deputy general manager of CNPC in December 2003 and a director of PetroChina in May 2004. He was president and vice chairman of PetroChina from May 2008, and general manager (chief executive) of CNPC from October 2011.[4] His period as president covered a run of foreign acquisitions, among them Singapore Petroleum Company, the Australian coal seam gas producer Arrow Energy (bought jointly with Shell), Canadian oil sands assets and a refining joint venture with Ineos.[5][4]

He took over both chairmanships in 2013, after his predecessor Jiang Jiemin left to run the State-owned Assets Supervision and Administration Commission. Jiang was placed under investigation later that year and was eventually jailed for bribery.[6][7] Zhou's two years as chairman were therefore dominated by an anti-corruption campaign inside the company. In the same period Zhou signed the 30-year gas supply contract between CNPC and Gazprom in May 2014, reportedly worth about $400 billion, and announced plans to open parts of the group's business to private investment.[8][9]

Zhou stood down as CNPC chairman on May 4, 2015, having reached the retirement age for heads of central state enterprises. He resigned as PetroChina chairman and director on June 23, 2015, and was succeeded in both posts by Wang Yilin.[1][10]

Early life and education

Zhou was born in March 1952.[11] The China Vitae database of Chinese officials records him as of Han nationality.[12]

He studied geophysical prospecting in the petroleum exploration department of the East China Petroleum Institute, the forerunner of the China University of Petroleum. He later took a master's degree in marine geological structure at the South China Sea Institute of Oceanology of the Chinese Academy of Sciences.[3][12] A 2008 profile in China Petroleum and Petrochemical, republished by Xinhua, said this training made him an exploration specialist familiar with both onshore and offshore work. The profile described the East China Petroleum Institute's exploration department as a recognised training ground for the industry's senior figures; Wang Yilin, who later succeeded Zhou at CNPC, graduated from the same department.[3] The years of his degrees have not been published in the sources consulted.

Company filings describe Zhou as a professor-level senior engineer. By 2008 they credited him with more than 35 years in China's oil and gas industry, and by 2013 with more than 40 years, which puts the start of his working life in the early 1970s.[13][2]

Career

International exploration, 1996 to 2003

The record of Zhou's posts before 1996 has not been published in detail. In November 1996 he was appointed deputy director of the International Exploration and Development Cooperation Bureau of the China National Petroleum Corporation and deputy general manager of the China National Oil and Gas Exploration and Development Corporation (CNODC), the group's overseas investment arm.[13] In December 1997 he became general manager of CNODC, keeping the deputy directorship of the bureau.[13] According to the 2008 Xinhua profile, he was also deputy party secretary of CNODC and chairman of China Huaming, the unit responsible for the group's business in Russia, and Zhou was the official chiefly responsible for its oil and gas cooperation with Kazakhstan.[3]

The profile described Zhou as the person who did most of the practical work of the group's early "going out" strategy. That strategy was overseen at the time by deputy general manager Wu Yaowen, under general manager Wang Tao. A person familiar with the group's history told the magazine that its international business rested on large projects won in late 1996 and 1997 in Sudan, Venezuela and Kazakhstan. The same person said that "the specific leader and executor of these projects was mainly Zhou Jiping".[3]

Zhou divided the group's overseas expansion into three stages. As quoted in the profile, the first, from 1993 to 1996, consisted of small projects in Peru, Canada, Thailand and Sudan intended "to accumulate experience, train people and temper the team". The second began on November 29, 1996, when CNPC won Sudan's Blocks 1, 2 and 4. Its aim was to secure resources of some scale and raise production. The third, after 2000, was to take on larger exploration projects.[3] At an internal seminar he recalled a visit to Chevron in November 1997. There a senior Chevron executive asked him whether he knew the biggest event in the oil world that year, and then answered that it was CNPC entering the international market "as a dark horse".[3]

In August 2001 Zhou was appointed assistant to the general manager of CNPC, while remaining general manager of CNODC.[13]

Deputy general manager of CNPC, 2003 to 2011

Zhou became a deputy general manager of CNPC and a member of its Communist Party leadership group in December 2003. Xinhua dated the appointment to January 2004, when it was announced alongside those of Duan Wende and Wang Yilin. As deputy general manager Zhou continued to oversee the international business.[13][12][3] In May 2004 Zhou joined the board of PetroChina, the Hong Kong, New York and later Shanghai listed company that holds most of the group's oil and gas assets.[13] The Xinhua profile said that from 1996 to 2003 Zhou had specific charge of CNPC's overseas expansion, and that afterwards he was one of the main decision-makers on its foreign investments and acquisitions.[3]

President of PetroChina, 2008 to 2013

At the first meeting of the listed company's fourth board on May 16, 2008, Zhou was appointed vice chairman of the board and president of the company. Jiang Jiemin, CNPC's general manager, gave up the presidency but stayed on as chairman. On Zhou's nomination the board also appointed Zhao Zhengzhang as a vice president, Wang Daofu as chief geologist and Huang Weihe as chief engineer.[14] At the annual general meeting the previous day, shareholders had elected him to the new board with 99.95 percent of votes cast.[15]

Xinhua's profile set Zhou's appointment against the fall in the company's Shanghai shares. On their first day of trading the shares had opened at RMB48.60, giving a market value of US$1.1 trillion, but they had since fallen below the offer price at times, leaving many retail investors with losses. At the May 2008 shareholders' meeting Jiang had apologised to small shareholders and promised to repay them "with results and other means". The magazine wrote that easing the anger of these investors would be "a heavy burden" on Zhou. It also named expanding the refining business and maximising the market share of the natural gas pipeline business as his other main tasks.[3] The profile observed that the presidency of the listed company was customarily held by the parent group's second-ranking executive. An analyst it quoted described Zhou's long international experience as suited to CNPC's goal of becoming an integrated international energy company.[3]

As president, Zhou co-signed the company's financial statements with the chairman and the chief financial officer.[4] In October 2011 he succeeded Jiang as general manager of CNPC, while Jiang became CNPC chairman. Zhou also joined CNPC's board at that time.[4][12]

Chairman of CNPC and PetroChina, 2013 to 2015

On March 18, 2013, Jiang Jiemin resigned from PetroChina's board "due to change of work", having been appointed to head the State-owned Assets Supervision and Administration Commission. Under the company's articles of association, Zhou, as vice chairman, took over the chairman's duties until a successor was elected.[16][6] In that capacity Zhou signed the 2012 results announcement on March 21, 2013 as "Vice Chairman and President (performing the duties and powers of the Chairman)".[17]

Zhou was named chairman and party secretary of CNPC on April 16, 2013, giving up the general manager's post.[18] The PetroChina board elected Zhou chairman by written resolution on April 25, 2013.[2] For three months Zhou was both chairman and president of the listed company. On July 28, 2013 the board appointed Wang Dongjin as president, and Zhou kept only the chairmanship.[19][20]

The Paper later reported that observers had regarded Zhou's appointment, at the age of 60, as transitional. In their view he was paired with Liao Yongyuan, the group's new general manager, whose experience lay in the domestic business, so that Liao could be prepared for the top job.[11] Within months of Zhou taking office, the anti-corruption campaign reached CNPC's leadership. From late August 2013 several of the group's senior executives were taken away for investigation. Effective August 26, 2013, vice president and board secretary Li Hualin, director and vice president Ran Xinquan and chief geologist Wang Daofu resigned "due to personal reasons".[21][11] Liao Yongyuan was placed under investigation by the Central Commission for Discipline Inspection on March 16, 2015, and resigned as PetroChina vice chairman the following day.[11][22] China News Service reported that about 50 people, including Jiang Jiemin, had been investigated or detained while Zhou was in charge. It described his tenure as coinciding with the most severe "earthquake" among senior personnel in CNPC's history.[18]

Citing Caixin, The Paper reported that Zhou had repeatedly submitted requests to resign during 2014, as the campaign inside the group intensified. It wrote that the investigations had affected the company's normal operations and that Zhou had been under considerable pressure as "the helmsman in a time of crisis".[11]

On May 4, 2015, Wang Jingqing, deputy head of the Communist Party's Organisation Department, told a meeting of CNPC managers that the party Central Committee and the State Council had relieved Zhou of his posts as chairman and party secretary. He was retiring from the leadership on reaching the age limit, and Wang Yilin, until then chairman of CNOOC, replaced him.[1][11] Zhou had turned 63 that March. The Paper noted that heads of vice-ministerial central enterprises normally retire at 60 and at the latest at 63.[11] The Macau Daily Times reported that his departure "after two years in the job has been anticipated as he nears retirement". It noted that most chiefs of state-owned enterprises step down at 63, and that the same day's changes at CNPC, Sinopec and CNOOC could speed up market-driven reform of the oil industry.[23] Caixin reported that the chairmen of CNPC and Sinopec, "two firms that have been mired in graft scandals", had both retired.[24] According to CNPC's website, as reported by China News Service, Zhou's last official engagement before retiring was a meeting on April 29, 2015 with Ali Al-Naimi, Saudi Arabia's minister of petroleum and mineral resources, on cooperation in crude oil trade, exploration, engineering and research.[18]

Zhou remained chairman of the listed company until its annual general meeting on June 23, 2015, when he resigned as chairman and director "due to his age". He confirmed that he had no disagreement with the board. Wang Yilin was elected chairman the same day.[10][22]

Leadership and management style

Accounts of Zhou's approach come mainly from the 2008 Xinhua profile and from statements issued under his name. The profile portrayed him as an operational manager of overseas projects rather than a domestic oilfield chief. It described his career as almost entirely spent in CNPC's international bureau, its exploration and development company and group headquarters, a pattern China News Service also noted in 2015.[3][18] His three-stage account of CNPC's internationalisation presented foreign expansion as a deliberate sequence: learning on small projects, then acquiring resources at scale, then large-scale exploration.[3]

Zhou's last chairman's report, dated March 26, 2015, stated the company's guiding principles as "quality, profitability and sustainable development". It committed the company to three strategies of "resources, markets and internationalisation". For 2015 it called for "broadening sources of income and reducing expenditure as well as cutting costs and enhancing efficiency", after a year in which, according to the same report, international crude prices ended at less than half their mid-year peak. In refining he set out a principle of "moderate scale, appropriate product lines, suitable timing of construction and proper standards". For international operations he called for faster construction of five overseas oil and gas cooperation zones and four strategic oil and gas import channels.[25]

As chairman Zhou also spoke publicly in favour of limited opening to outside capital, while insisting on state control. In March 2014 Zhou said that the group would admit private capital to exploration, but that its own stake should not fall below 51 percent.[9] In June 2014 Zhou said that the group would open its oil and gas pipeline facilities to third-party use.[26]

Major deals and strategic decisions

Overseas acquisitions as PetroChina president

During Zhou's presidency the listed company and its parent made a series of foreign acquisitions, which the company's filings listed year by year:

  • In May 2009 PetroChina International (Singapore) bought about 45.51 percent of Singapore Petroleum Company from Keppel Oil and Gas Services, and completed a mandatory general offer for the remaining shares in October 2009.[5] The acquisition cost S$3.24 billion, about RMB15.3 billion.[4]
  • In November 2009 Mangistau Investments, a joint venture between CNPC Exploration and Development (50 percent owned by PetroChina) and KazMunayGas, acquired JSC Mangistaumunaigas, one of Kazakhstan's main oil producers.[5]
  • In January 2010 the company and partners won a tender for the Halfaya oilfield in Iraq, under a 20-year development contract that gives it a 37.5 percent interest and makes it one of the operators.[27]
  • In February 2010 the company agreed to acquire 60 percent of Athabasca Oil Sands Corp.'s MacKay River and Dover oil sands projects in Canada. It bought the remaining 40 percent of MacKay River in March 2012 for about RMB4.3 billion.[4]
  • On August 23, 2010 a 50:50 joint venture of PetroChina and Shell completed the purchase of Arrow Energy, an Australian coal seam gas company, for about A$3.5 billion (A$4.70 a share).[27] In January 2012 Arrow bought Bow Energy for about RMB3.6 billion.[4]
  • On July 1, 2011 PetroChina International (London) formed two joint ventures with Ineos linked to the Grangemouth refinery in Scotland and the Lavéra refinery in France, contributing about RMB6.6 billion.[4]
  • In 2011 the company agreed to buy 20 percent of Shell's Groundbirch shale gas assets in British Columbia, a deal completed on January 31, 2012 for about RMB8.2 billion.[4]

Domestically, the listed company bought pipeline, city gas and other assets from its parent. These included CNPC's western pipeline assets for about RMB8.36 billion in June 2009.[5] In October 2011 it agreed to buy South Oil Exploration and Development from two units of the parent for about RMB1.67 billion. Zhou, as a director connected with the parent, abstained from the board vote on that deal.[28][4]

Deals as chairman

In June 2013 the listed company, Taikang Asset Management and the Beijing Guolian Energy Industry Investment Fund formed PetroChina United Pipelines, with registered capital of RMB40 billion. It contributed pipeline assets for a 50 percent stake. Taikang paid RMB36 billion in cash for 30 percent and Guolian RMB24 billion for 20 percent. The company recorded a gain of about RMB24.8 billion on the disposal.[21][29] Overseas acquisitions in 2013 and 2014 included:

  • stakes in the Poseidon discovery in the Browse Basin and the Goldwyer shale acreage in the Canning Basin, Australia, from ConocoPhillips for $369 million, completed in June 2013;
  • BHP Billiton's interests in the West and East Browse projects in Western Australia for $1.71 billion, in June 2013;
  • a 25 percent interest in Iraq's West Qurna-1 field from ExxonMobil for $590 million in December 2013, raised to 32.7 percent for a further $442 million in March 2014;
  • Petrobras Energia Peru for $2.6 billion, agreed with Petrobras in November 2013 and completed in November 2014;
  • the remaining 40 percent of the Duvernay property in Alberta, Canada, for C$1.18 billion in August 2014.[21][29]

Gazprom gas contract

On May 21, 2014, in Shanghai, Zhou and Alexei Miller, chairman of Gazprom's management committee, signed a 30-year contract for Russia to supply 38 billion cubic metres of gas a year to China. The signing took place in the presence of Vladimir Putin and Xi Jinping.[8][30] The contract used an oil-linked price formula and a take-or-pay clause, with the gas to be delivered through the Power of Siberia pipeline.[8] The price was not disclosed. The deal was reported to be worth about $400 billion, and industry sources put the price at $350 to $380 per thousand cubic metres. Fitch Ratings said it set "a new benchmark for what China is willing to pay for natural gas over longer term contracts".[31] The Guardian reported that by all indications China had obtained a lower price than Russia wanted. Putin said Russia would invest $55 billion in the project and China at least $20 billion.[30]

Mixed-ownership reform

On March 5, 2014, on the sidelines of the National People's Congress, Zhou said that the group would open six business areas to non-state investment. In exploration, Zhou said, the company was considering private capital, provided that it kept at least 51 percent. It would also seek capital from private businesses, social institutions and the other state oil companies, Sinopec and CNOOC, project by project. The first pilot would be in Xinjiang. Zhou said that private investors were responding actively, though it would be some time before the pilot was launched.[9] In March 2015 the general manager of the Tarim Oilfield said that the group was offering a 49 percent stake in its Xinjiang oilfields to other investors. The same report observed that little had happened on a separate pipeline sale announced about a year earlier, apart from Zhou's statement on third-party access.[26]

Financial and market performance

The listed company's figures under International Financial Reporting Standards, as reported in its annual filings, were as follows for Zhou's years as president and chairman:[4][29]

Year Turnover (RMB billion) Profit attributable to owners (RMB billion) Employees at year end
2008 1,072.6 114.5 477,780
2009 1,019.3 103.4 539,168
2010 1,465.4 140.0 552,698
2011 2,003.8 133.0 552,810
2012 2,195.3 115.3 548,355
2013 2,258.1 129.6 544,083
2014 2,283.0 107.2 534,652

Employee numbers exclude temporary staff; the company reported 319,346 temporary employees at the end of 2014.[29][27] Turnover roughly doubled between 2008 and 2014. Profit peaked in 2010 and fell in 2014, a year in which, in Zhou's words, demand in the oil and gas market "grew slowly"; the annual report's market review added that crude prices "plummeted in the second half".[25]

On remuneration, the company's accounts show salaries, allowances and pension contributions for Zhou of RMB515,000 in 2008, RMB1.01 million in 2011, RMB1.13 million in 2012 and RMB1.21 million in 2013. No remuneration from the listed company was shown for Zhou in 2014.[13][21][29]

Board memberships and outside roles

  • Director of PetroChina, May 2004 to June 2015; vice chairman, May 2008 to April 2013; chairman, April 2013 to June 2015.[13][10]
  • Member of CNPC's party leadership group from December 2003, and director of CNPC from 2011.[12]
  • Chairman of China Huaming, CNPC's Russia business unit, while at CNODC.[3]

Controversies

Zhou was not himself accused of wrongdoing in the sources reviewed, but his chairmanship was shaped by corruption cases against his colleagues. In September 2013, two class actions were filed in the United States District Court for the Southern District of New York against the company, Jiang Jiemin, Zhou and two chief financial officers, Zhou Mingchun and Yu Yibo. They alleged violations of United States securities law in connection with the Chinese authorities' investigation of former executives of the company.[21][32] On June 6, 2014, the lead plaintiff filed a revised complaint that removed the company's current directors and senior management, including Zhou, from the case. The District Court granted the company's motion to dismiss on August 3, 2015, and the United States Court of Appeals for the Second Circuit affirmed the dismissal in March 2016.[29][22][33]

Jiang Jiemin, Zhou's predecessor, was sentenced on October 12, 2015 to 16 years in prison for bribery, abuse of power and holding property beyond his lawful income. Prosecutors said he had acted at the request of Zhou Yongkang, the former security chief, in securing oil and gas exploration rights and gas turbine projects for others, causing large losses of state assets between 2004 and 2008.[7] Liao Yongyuan, who had served under Zhou as general manager, was placed under investigation in March 2015.[11]

See also

References

  1. ↑ 1.0 1.1 1.2 <ref>"王宜林重回中石油任董事长 周吉平退出班子".Sina Finance.May 4, 2015.Retrieved October 29, 2026.</ref>
  2. ↑ 2.0 2.1 2.2 <ref>"Appointment of Chairman".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).April 25, 2013.Retrieved October 29, 2026.</ref>
  3. ↑ 3.00 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09 3.10 3.11 3.12 3.13 <ref>Zhang E."周吉平接掌"中国石油" 回报套牢股民成首要使命".June 2, 2008.Retrieved October 29, 2026.</ref>
  4. ↑ 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2011".PetroChina Company Limited (U.S. Securities and Exchange Commission).April 26, 2012.Retrieved October 29, 2026.</ref>
  5. ↑ 5.0 5.1 5.2 5.3 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2009".PetroChina Company Limited (U.S. Securities and Exchange Commission).June 25, 2010.Retrieved October 29, 2026.</ref>
  6. ↑ 6.0 6.1 <ref>"Job shuffle changes PetroChina leadership".Oil & Gas Journal.March 19, 2013.Retrieved October 29, 2026.</ref>
  7. ↑ 7.0 7.1 <ref>"Former PetroChina chairman Jiang Jiemin sentenced to 16 years in prison".October 12, 2015.Retrieved October 29, 2026.</ref>
  8. ↑ 8.0 8.1 8.2 <ref>"Gazprom, CNPC sign 30-year natural gas supply contract".Oil & Gas Journal.May 21, 2014.Retrieved October 29, 2026.</ref>
  9. ↑ 9.0 9.1 9.2 <ref>Huang Ying."CNPC plans reform in oil, gas exploration".March 7, 2014.Retrieved October 29, 2026.</ref>
  10. ↑ 10.0 10.1 10.2 <ref>"Announcement: Poll results of the annual general meeting for the year 2014 and resignation of the Chairman".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).June 23, 2015.Retrieved October 29, 2026.</ref>
  11. ↑ 11.0 11.1 11.2 11.3 11.4 11.5 11.6 11.7 <ref>Yang Yang; Wang Can."58岁王宜林重回中石油，接替周吉平出任董事长、党组书记".May 4, 2015.Retrieved October 29, 2026.</ref>
  12. ↑ 12.0 12.1 12.2 12.3 12.4 <ref>"Biography of Zhou Jiping".China Vitae.November 9, 2011.Retrieved October 29, 2026.</ref>
  13. ↑ 13.0 13.1 13.2 13.3 13.4 13.5 13.6 13.7 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2008".PetroChina Company Limited (U.S. Securities and Exchange Commission).May 26, 2009.Retrieved October 29, 2026.</ref>
  14. ↑ <ref>"Announcement: Appointment of Chairman, Vice Chairman and Senior Management".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).May 16, 2008.Retrieved October 29, 2026.</ref>
  15. ↑ <ref>"Announcement: Poll results of the 2007 annual general meeting".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).May 16, 2008.Retrieved October 29, 2026.</ref>
  16. ↑ <ref>"Announcement: Resignation of Chairman and Director".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).March 18, 2013.Retrieved October 29, 2026.</ref>
  17. ↑ <ref>"Announcement of annual results for the year ended December 31, 2012".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).March 21, 2013.Retrieved October 29, 2026.</ref>
  18. ↑ 18.0 18.1 18.2 18.3 <ref>Liu Chenyao."中国三桶油集体换帅 "两退两调一升"均为石油人".May 5, 2015.Retrieved October 29, 2026.</ref>
  19. ↑ <ref>"Announcement: Appointment of President".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).July 29, 2013.Retrieved October 29, 2026.</ref>
  20. ↑ <ref>"汪东进接任中国石油总裁".July 29, 2013.Retrieved October 29, 2026.</ref>
  21. ↑ 21.0 21.1 21.2 21.3 21.4 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2013".PetroChina Company Limited (U.S. Securities and Exchange Commission).April 25, 2014.Retrieved October 29, 2026.</ref>
  22. ↑ 22.0 22.1 22.2 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2015".PetroChina Company Limited (U.S. Securities and Exchange Commission).April 28, 2016.Retrieved October 29, 2026.</ref>
  23. ↑ <ref>"Leadership reshuffle at China big oil clears path for reform".May 5, 2015.Retrieved October 29, 2026.</ref>
  24. ↑ <ref>Huang Kaixi."Big Three Oil Companies Undergo Leadership Reshuffle".May 4, 2015.Retrieved October 29, 2026.</ref>
  25. ↑ 25.0 25.1 <ref>"PetroChina 2014 Annual Report".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).April 16, 2015.Retrieved October 29, 2026.</ref>
  26. ↑ 26.0 26.1 <ref>Du Juan; Cui Jia."CNPC opens oilfields to private firms".March 22, 2015.Retrieved October 29, 2026.</ref>
  27. ↑ 27.0 27.1 27.2 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2010".PetroChina Company Limited (U.S. Securities and Exchange Commission).May 10, 2011.Retrieved October 29, 2026.</ref>
  28. ↑ <ref>"Announcement relating to acquisition".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).October 27, 2011.Retrieved October 29, 2026.</ref>
  29. ↑ 29.0 29.1 29.2 29.3 29.4 29.5 <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2014".PetroChina Company Limited (U.S. Securities and Exchange Commission).April 29, 2015.Retrieved October 29, 2026.</ref>
  30. ↑ 30.0 30.1 <ref>Alec Luhn; Terry Macalister."Russia signs 30-year deal worth $400bn to deliver gas to China".May 21, 2014.Retrieved October 29, 2026.</ref>
  31. ↑ <ref>"Deal With Gazprom Gives China Stick to Beat Down LNG Prices".May 22, 2014.Retrieved October 29, 2026.</ref>
  32. ↑ <ref>"Announcement in relation to class action complaint".PetroChina Company Limited (Form 6-K, U.S. Securities and Exchange Commission).September 6, 2013.Retrieved October 29, 2026.</ref>
  33. ↑ <ref>"Annual Report on Form 20-F for the fiscal year ended December 31, 2016".PetroChina Company Limited (U.S. Securities and Exchange Commission).April 27, 2017.Retrieved October 29, 2026.</ref>
Retrieved from "https://ceo.wiki/index.php?title=Zhou_Jiping&oldid=9395"