On 28th May, Zhonglun Law Firm enters a long term legal service contract with China National Petroleum Corporation (CNPC), one of the world's leading integrated energy companies. The firm will provide legal services, inter alias, review and draft contracts, dispose of debts and credits, procurements, external finance, establishing JV, M&A, equity transfer, restructuring internal rules and regulations, disputes resolution via arbitration or litigation, and consulting on other legal issues.
CNPC ranked tenth among the world's top 50 petroleum companies according to U.S. Petroleum Intelligence Weekly in 2001. In 2003, the company rated 52nd by the Fortune Global 500 in terms of sales upgrading from the 69th in 2002.