PetroChina is world's top company

[Gary Allan]

Chinese oil firm PetroChina has trumped US rival Exxon Mobil to become the world's biggest firm by market value on its first day of trading in Shanghai.

BBC

 

[LTVibe]

...and PetroChina's "empire" is growing:

PetroChina Plans $60 Billion of Overseas Expansion

Quote:
March 29 (Bloomberg) -- PetroChina Co. plans to spend at least $60 billion in the next decade on overseas acquisitions, challenging Exxon Mobil Corp. and BP Plc in the race to control oil and gas fields.