The trading and refining businesses that comprise Petroineos are a joint venture between PetroChina International London (PCIL) and INEOS Group. Thanks to our shareholders’ solid financial strength and expansive global networks, Petroineos is uniquely positioned in terms of trading leverages, which afford Petroineos our distinctive trading agility and flexibility in developing innovative business opportunities for our clients.
PetroChina is the publicly listed arm of China National Petroleum Corporation (CNPC) – ranked as the world’s 4th largest company on Fortune’s 2018 Global 500 list. CNPC is the largest state owned oil and gas corporation in China, with an extensive global network spanning over 34 countries across the globe.
INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 34 businesses each with a major chemical company heritage. Its production network spans 171 sites in 24 countries throughout the world.