| Oil & Gas Production: in 2021 |
194 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
1,892 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ 20 M |
Listed on the Global Oil & Gas Exit List 2022
207 results Total investment of current selection: $ 1,973 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Shares | Bonds | Total | Shares | Bonds | Total | Shares $M | Bonds $M | Total $M | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | BlackRock | China National Petroleum Corporation (CNPC) | BlackRock | investment | United States | China | North America | East Asia | $ 113 M | $ 91 M | $ 203 M | $ 113 M | $ 91 M | $ 203 M | ||||||
| 2 | 1 | Southwest Securities | China National Petroleum Corporation (CNPC) | Southwest Securities | investment | China | China | East Asia | East Asia | $ <1 M | $ 200 M | $ 200 M | $ <1 M | $ 200 M | $ 200 M | ||||||
| 3 | 1 | Industrial and Commercial Bank of China | China National Petroleum Corporation (CNPC) | Industrial and Commercial Bank of China | investment | China | China | East Asia | East Asia | $ <1 M | $ 158 M | $ 158 M | $ <1 M | $ 158 M | $ 158 M | ||||||
| 4 | 1 | Intesa Sanpaolo | China National Petroleum Corporation (CNPC) | Intesa Sanpaolo | investment | Italy | China | Europe (EU) | East Asia | $ 6 M | $ 112 M | $ 118 M | $ 6 M | $ 112 M | $ 118 M | ||||||
| 5 | 1 | JPMorgan Chase | China National Petroleum Corporation (CNPC) | JPMorgan Chase | investment | United States | China | North America | East Asia | $ 90 M | $ 18 M | $ 108 M | $ 90 M | $ 18 M | $ 108 M | ||||||
| 6 | 1 | Fidelity Investments | China National Petroleum Corporation (CNPC) | Fidelity Investments | investment | United States | China | North America | East Asia | $ 100 M | $ 100 M | $ 100 M | $ 100 M | ||||||||
| 7 | 1 | Vanguard | China National Petroleum Corporation (CNPC) | Vanguard | investment | United States | China | North America | East Asia | $ 87 M | $ 3 M | $ 90 M | $ 87 M | $ 3 M | $ 90 M | ||||||
| 8 | 1 | Algemeen Burgerlijk Pensioenfonds (ABP) | China National Petroleum Corporation (CNPC) | Algemeen Burgerlijk Pensioenfonds (ABP) | investment | Netherlands | China | Europe (EU) | East Asia | $ 66 M | $ 66 M | $ 66 M | $ 66 M | ||||||||
| 9 | 1 | Dimensional Fund Advisors | China National Petroleum Corporation (CNPC) | Dimensional Fund Advisors | investment | United States | China | North America | East Asia | $ 63 M | $ 63 M | $ 63 M | $ 63 M | ||||||||
| 10 | 1 | Orix Corporation | China National Petroleum Corporation (CNPC) | Orix Corporation | investment | Japan | China | East Asia | East Asia | $ 50 M | $ 50 M | $ 50 M | $ 50 M | ||||||||
| 11 | 1 | MassMutual Holdings | China National Petroleum Corporation (CNPC) | MassMutual Holdings | investment | United States | China | North America | East Asia | $ 48 M | $ 48 M | $ 48 M | $ 48 M | ||||||||
| 12 | 1 | Equitable Holdings | China National Petroleum Corporation (CNPC) | Equitable Holdings | investment | United States | China | North America | East Asia | $ 42 M | $ 2 M | $ 44 M | $ 42 M | $ 2 M | $ 44 M | ||||||
| 13 | 1 | Black Creek Investment Management | China National Petroleum Corporation (CNPC) | Black Creek Investment Management | investment | Canada | China | North America | East Asia | $ 43 M | $ 43 M | $ 43 M | $ 43 M | ||||||||
| 14 | 1 | Government Pension Fund Global (GPFG) | China National Petroleum Corporation (CNPC) | Government Pension Fund Global (GPFG) | investment | Norway | China | Europe (non EU) | East Asia | $ 41 M | $ 41 M | $ 41 M | $ 41 M | ||||||||
| 15 | 1 | Goldman Sachs | China National Petroleum Corporation (CNPC) | Goldman Sachs | investment | United States | China | North America | East Asia | $ 41 M | $ 41 M | $ 41 M | $ 41 M | ||||||||
| 16 | 1 | UBS | China National Petroleum Corporation (CNPC) | UBS | investment | Switzerland | China | Europe (non EU) | East Asia | $ 6 M | $ 33 M | $ 39 M | $ 6 M | $ 33 M | $ 39 M | ||||||
| 17 | 1 | M&G | China National Petroleum Corporation (CNPC) | M&G | investment | United Kingdom | China | Europe (non EU) | East Asia | $ 33 M | $ 33 M | $ 33 M | $ 33 M | ||||||||
| 18 | 1 | Government Pension Investment Fund (GPIF) | China National Petroleum Corporation (CNPC) | Government Pension Investment Fund (GPIF) | investment | Japan | China | East Asia | East Asia | $ 23 M | $ 23 M | $ 23 M | $ 23 M | ||||||||
| 19 | 1 | Federated Investors | China National Petroleum Corporation (CNPC) | Federated Investors | investment | United States | China | North America | East Asia | $ 21 M | $ 21 M | $ 21 M | $ 21 M | ||||||||
| 20 | 1 | Macquarie Group | China National Petroleum Corporation (CNPC) | Macquarie Group | investment | Australia | China | Oceania | East Asia | $ 20 M | $ 20 M | $ 20 M | $ 20 M | ||||||||
| 21 | 1 | Geode Capital Holdings | China National Petroleum Corporation (CNPC) | Geode Capital Holdings | investment | United States | China | North America | East Asia | $ 19 M | $ 19 M | $ 19 M | $ 19 M | ||||||||
| 22 | 1 | Deutsche Bank | China National Petroleum Corporation (CNPC) | Deutsche Bank | investment | Germany | China | Europe (EU) | East Asia | $ 18 M | $ <1 M | $ 18 M | $ 18 M | $ <1 M | $ 18 M | ||||||
| 23 | 1 | State Street | China National Petroleum Corporation (CNPC) | State Street | investment | United States | China | North America | East Asia | $ 18 M | $ 18 M | $ 18 M | $ 18 M | ||||||||
| 24 | 1 | British Columbia Investment Management | China National Petroleum Corporation (CNPC) | British Columbia Investment Management | investment | Canada | China | North America | East Asia | $ 17 M | $ 17 M | $ 17 M | $ 17 M | ||||||||
| 25 | 1 | Charles Schwab | China National Petroleum Corporation (CNPC) | Charles Schwab | investment | United States | China | North America | East Asia | $ 15 M | $ 15 M | $ 15 M | $ 15 M |
Remarks
Financial data is drawn from the commercial databases Refinitiv and EMAXX. For a selection of pension funds, data was collected from the pension funds' disclosure. The data was retrieved in January 2023, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
Since publications, various corrections to the data were made. The most recent update was made on 8 August 2023.
For any questions or requests for further information, please get in touch with us: financeresearch@urgewald.org