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Published Feb 2025

CNPC Energy Ambitions and Challenges

China National Petroleum Corporation (CNPC) fuels the world’s second-largest economy, but its ambitions extend far beyond China’s borders. From deepening ties with Russia and Iran to expanding in Africa and the South China Sea, CNPC is reshaping global energy markets while navigating political tensions and economic risks. As China pushes for greater energy security, will CNPC continue its rise, or will mounting challenges threaten its dominance?

CNPC Energy Ambitions and Challenges

China National Petroleum Corporation (CNPC) fuels the world’s second-largest economy, but its ambitions extend far beyond China’s borders. From deepening ties with Russia and Iran to expanding in Africa and the South China Sea, CNPC is reshaping global energy markets while navigating political tensions and economic risks. As China pushes for greater energy security, will CNPC continue its rise, or will mounting challenges threaten its dominance?

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