Oil, natural gas
Sinopec with its staff of about 400 000 people is the largest company of the People’s Republic of China, the shares of which are listed on the stock exchange, and also the second largest oil and gas company of the country after PetroChina as measured by output. Among the main activities of the corporation established in 2000 there are exploration and development of oil and gas fields, refining and sale of oil, natural gas, production and sale of petrochemical products.
The first Korean oil company with its headquarters located in Seoul was established in 1967. GS Caltex now is one of the world leaders in the petrochemical and energy industries. GS Caltex produces a wide range of products for the automobile, aviation and many other areas of the modern economy.