Zhenhua Oil Holding Co., Ltd.

Zhenhua Oil Holding Co., Ltd. (hereinafter referred to as "Zhenhua Oil") was established in 2003. It is an international oil company supported by the state, mainly engaged in oil and gas industry investment, oil and gas exploration and development, international oil and gas trade, oil product storage and transportation, and petroleum refining. It is one of the important teams actively participating in the national "Going Global" strategy and the "Belt and Road" initiative.
Under the guidance of national energy development policies, Zhenhua Oil is committed to building a first-class mechanism and cultivating distinctive competitive capabilities in market development, technological innovation, project operation, capital operations, risk control, and international resource integration. As of now, Zhenhua Oil has:
1. Operated 8 oil and gas exploration and development projects in 7 countries, with geological reserves of 1.92 billion tons and an annual production of over 12 million tons from producing oil and gas fields;
2. Achieved an annual trade volume of over 50 million tons of crude oil and natural gas, with annual sales revenue exceeding 100 billion yuan;
3. Established international marketing and information networks, with branches in more than 10 countries;
4. Built an industrial chain from oil and gas field exploration and development to international oil and gas trade, storage and transportation, and petroleum refining;
5. Built a high-quality, professional, and international team for technological research, market development, and operational management.
Our mission: Contribute green oil and gas resources, serve national energy security
Our spirit: People-oriented, collaborative innovation, daring to be first, courageous in pioneering
Our strategic goal: To develop into an international oil company with an excellent asset structure, abundant resource reserves, support from key technologies, outstanding risk control capabilities, and sustained and steady scale and benefits.
Business Model
Zhenhua Oil has established a business model of coordinated development of upstream and downstream, forming a value chain system that organically combines multiple links such as oil upstream, trade, storage and transportation, and financial operations.