Chinese oil firm claims No. 1; Exxon Mobil now lags behind

Chinese oil firm claims No. 1; Exxon Mobil now lags behind

Big Oil giant Exxon Mobil now pumping less than PetroChina, a company formed 13 years ago by the Chinese government to better compete for the world’s oil and natural gas. Here, PetroChina’s oil rigs are seen near the banks of a snow-covered lake in Daqing in northeastern China’s Heilongjiang province.

Chinese oil firm claims No. 1; Exxon Mobil now lags behind

Big Oil giant Exxon Mobil now pumping less than PetroChina, a company formed 13 years ago by the Chinese government to better compete for the world’s oil and natural gas. Here, PetroChina’s oil rigs are seen near the banks of a snow-covered lake in Daqing in northeastern China’s Heilongjiang province.
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