When it comes to three barrels of oil, everyone is familiar with it.
But what is the difference between the three of them?
Can you answer it?

This is a simple difference between the three of them.
China's petroleum business is mainly concentrated in the upstream exploration and development, which is the most profitable field.
Sinopec business is mainly concentrated in the middle and lower reaches of refining and marketing. The market competition is fierce and profit margins are low. In the first half of last year, its revenue was higher than that of CNPC and CNOOC, but the net profit in the same period (29 billion 420 million yuan) was less than half of that of PetroChina.
CNOOC is mainly concentrated in the field of upstream exploration and development and oil clothing. It will be more careful and more profitable than Sinopec.
Brief summary:
China's petroleum is the real high rich handsome, the eldest son, the political resources are hard enough, the shoulder is most responsible, so the goal is the highest.
Sinopec is a big dish, looking at the bright, but actually the hard work is the most difficult to make money, but the second is ambitious, making up the upstream short board and building the world class is not a dream.
CNOOC is the smallest and most flexible, without a historical burden, especially to make money, but still have to leap to catch up to two old big brother.
Sinopec says: I'm going to make natural gas!
In the conference room of the 6 old building of Huixin street, Beijing, Sinopec finally made the decision which had been delayed for a long time: the establishment of a wholly owned city Gas Co and the naming of the new company named “ the Great Wall gas &rdquo.
Why is it called &ldquo? The Great Wall ” because “ the Great Wall ” it is also the customary brand of Sinopec, such as its the Great Wall oil series known to the public, as well as other &ldquo of Sinopec, &rdquo, company, such as drilling, and so on.
At present, a gas enterprise scale up to more than 5000, including Hong Kong and China gas, Huarun gas, the new Austrian gas, China gas, Kunlun energy and other national gas enterprises occupy the market total sales volume of more than 50%, Sinopec after entering the pressure is not small.
Before that, Sinopec has tried in the layout of the city's combustion, including the replacement of Huarun gas and equity investment, China Gas (quit). The decision to set up the the Great Wall gas let Sinopec say goodbye to the gas terminal strategy and march into the city.
Current progress:
Seven related reports, the Great Wall gas is still in the research stage specific implementation procedures, business registration, does not officially carry out related business, but from Sinopec natural gas company overall business, the terminal gas business promotion ideas have been generally formed, related business has been steadily.
Sinopec says: I'm going to make coal chemical!
Sinopec the Great Wall Energy Chemical Co., Ltd. is a coal chemical professional company established by Sinopec to implement the development strategy of coal chemical industry and accelerate the development of coal chemical industry. The business scope mainly includes the exploration and development of coal resources, coal conversion and investment management related chemicals production business, organization of exploration and exploitation of coal resources, construction and management of coal chemical projects and carry out coal trade, logistics and transport, technical consultation and service etc..

The current layout of Sinopec 5 coal chemical industry base, carried out including Ningxia Ningdong coal chemicals project, Inner Mongolia Zhongtian co-founder of coal to olefins project in Anhui, Guizhou, Bijie Anmei olefin project coal to olefin project and Xinjiang Zhundong coal gas project planning and construction. Among them, Ningxia and Inner Mongolia projects have been put into operation, and Anhui project is under construction. Guizhou project has been carrying out preliminary work through EIA and Xinjiang project.
1, Ningxia Ningdong coal chemical project system
Sinopec of the Great Wall energy chemical (Ningxia) Co. Ltd., is jointly funded by the Sinopec of the Great Wall Energy Chemical Co., Ltd. and China yinglite electrical energy chemical group Limited by Share Ltd's large state-owned enterprises, the shareholding ratio is 95:5, is the national construction Ningdong source chemical base of large-scale circular economy demonstration enterprises, coal chemical industry is the first Sinopec plate a production enterprise.
The project is a combination of coal mine, power generation and coal chemical projects, including the production area and the Jaeger Le Coulter mine area. The coal chemical production area known as “ Ningxia Nenghua coal polygeneration Chemical Industrial Park, located in ” Lingwu City of the Ningxia Hui Autonomous Region, covers an area of 8.33 square kilometers. In the early stage of the project, we adopted the overall plan and sub project approval mode, including 5 coal chemical projects and thermoelectric, cement, utility projects and two mine projects. Ningxia yinglite electric project originally in investment and construction, complete the design and construction of most of the Sinopec to acquire equity. Because of the shortage of product plan and construction plan, the operation condition of the project is not good after the project is put into operation.
2, Inner Mongolia transit co-founder of coal to olefin project
Zhongtian co-founder of energy limited liability company by the Sinopec, China coal energy, Inner Mongolia coal, Shanghai Shenneng Mitsuyo group according to 38.75:38.75:12.5:10 shares than in September 2007 registered establishment. Zhongtian company under the branch and co-founder of coal chemical company, respectively, as the main coal mine and Inner Mongolia coal chemical project construction for Erdos integration project, which is mainly responsible for the coal mine project construction, the construction of the Sinopec is mainly responsible for chemical projects.
Zhongtian co-founder Erdos coal deep processing demonstration projects in accordance with the coal electric integration, multi generation mode construction. Among them, the coal chemical project is declared for two phases during the approval period of the reporting period. The first stage of construction is mainly composed of coal methanol, thermal power station and supporting facilities. The two phase includes methanol to olefins, polyolefins and supporting facilities.
3, Anhui Anmei olefin project
Zhong an United Coal Chemical Co., Ltd. is a large coal chemical company formed by Sinopec and Anhui coal electricity Refco Group Ltd. The project is located in Huainan, Anhui Province, across a district and one county. The two sides share 50% of each share, with a scale of 4 million tons.In 2013, the Sino an joint coal chemical project included 1 million 700 thousand tons / year coal to methanol and methanol to 600 thousand tons / year olefin plant (including OCC plant), 350 thousand tons / year LLDPE plant and 350 thousand tons / year PP plant and related auxiliary utilities.
4, coal olefin project in Bijie, Guizhou
Guizhou coal chemical project is located in Zhijin county tea township of Bijie City, about 128 kilometers from Guiyang city. Its chemical part mainly includes 4 sets of technological equipment and auxiliary railway line, slag field outside the factory, and external 220 thousand volt power supply lines. The project of electricity and steam by the fabric layered energy company (Sinopec cloud the Great Wall energy chemical Guizhou Co., a wholly owned subsidiary) cogeneration plant construction; fuel coal, raw coal from Guizhou Shuicheng mining (Group) Co., Ltd. (holding more than 51% of the shares), the Sinopec of the Great Wall energy chemical industry limited company shares (49% shares ratio) joint venture company set up in Bijie city energy supply limited liability company.
5, Xinjiang East 8 billion cubic meters / year of coal gas project
The project is undertaken by the Sinopec Xinjiang energy and Chemical Co., Ltd. The company was formed by the joint venture of the Sinopec and the Xinjiang state-owned assets investment and Management Co., Ltd., with a share ratio of 90:10 and in March 2012. The project will build two coal mines with 28 million tons per year, with a total investment of about 70 billion yuan. The project required from private Sinopec Zhundong coal mine, the main products of natural gas, planning by “ Guangdong Zhejiang &rdquo pipeline to the target market.
Finally, the existing framework map of Sinopec is attached.

actually
Whether oil prices or natural gas prices
If you can drop it down
It's all good...
What do you think?