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Results 1 - 10 of 66 for petrochina

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  1. Business - Commodities - Gas

    PetroChina shuts two liquefaction plants as it reviews LNG push

    Posted Aug 19th 2014, 11:29am by Reuters

    ... Reuters in Beijing Investment into using gas to refuel trucks and ships hit by rising costs and slowing economy PetroChina reviews LNG push, shuts two facilities Energy firm PetroChina ... ago as a fast-growing profit engine, PetroChina unit Kunlun Energy is reconsidering its investment because of rising costs and the mainland's slower economic growth, two sources said. ...

    http://www.scmp.com/business/commodities/article/1576680/petrochina-shuts-two-liquefaction-plants-it-reviews-lng-push
  2. Business - Commodities

    Usage and supply to offset gas price rises, PetroChina unit says

    Posted Jun 13th 2014, 05:57am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Usage and supply to offset gas price rises Gas price rises by Beijing last year depressed demand for the fuel but the impact will be more than offset by rising consumption and greater supply in the long term, according to Kunlun Energy, a unit of gas producer and importer PetroChina. "In the [reform] process, all gas [distribution] companies ...

    http://www.scmp.com/business/commodities/article/1531141/usage-and-supply-offset-gas-price-rises-petrochina-unit-says
  3. Business - Commodities - ENERGY

    PetroChina ready to sell more of its pipeline assets

    Posted May 13th 2014, 01:13am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com PetroChina ready to sell more of its pipeline assets Oil and gas giant PetroChina unveiled a plan to sell its entire stake in some sections of its west-to-east natural gas pipelines, worth some 39 billion yuan (HK$49 billion), in the second pipeline assets disposal in a year. PetroChina is increasingly willing to sell down midstream assets NEIL ...

    http://www.scmp.com/business/commodities/article/1510752/petrochina-ready-sell-more-its-pipeline-assets
  4. Business - Commodities - EARNINGS

    PetroChina sets spending limit for next few years to improve efficiency

    Posted Mar 21st 2014, 01:04am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Mainland oil and gas producer pushes quality and efficient growth while capping budget for production capacity boost at 296.5 billion yuan PetroChina sets spending limit PetroChina will limit its spending for production capacity expansion in the next few years to 296.5 billion yuan (HK$370 billion), after cutting it last year for the first time since ...

    http://www.scmp.com/business/commodities/article/1453566/petrochina-sets-spending-limit-next-few-years-improve
  5. Business - Commodities

    PetroChina to explore new areas in Xinjiang oilfields

    Posted Mar 07th 2014, 01:12am by Eric Ng

    ... Eric Ng in Beijing eric.mpng@scmp.com PetroChina to explore new areas in Xinjiang PetroChina, the nation's largest oil and gas producer, will open areas in three oilfields in Xinjiang for exploration with local and foreign companies. PetroChina plans to open some 100,000 square kilometres of unexplored areas in the Tarim, Jungeer and Tuha oilfields. It will also invite participation ...

    http://www.scmp.com/business/commodities/article/1442226/petrochina-explore-new-areas-xinjiang-oilfields
  6. Business - Commodities - RESOURCES

    CNPC's major gas find may be more hot air

    Posted Feb 17th 2014, 04:47am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Failure to bring into production previously announced major oil and gas discoveries has dampened excitement over PetroChina's latest news Doubt cast on CNPC's latest major gas find While a major gas discovery announced by PetroChina last week triggered a spike in its share price, analysts said any such news should be taken with a pinch of salt ...

    http://www.scmp.com/business/commodities/article/1429122/cnpcs-major-gas-find-may-be-more-hot-air
  7. Business - Commodities - REGULATION

    SEC warns it may act against PetroChina over Iran dealings

    Posted Jan 17th 2014, 11:02am by Toh Han Shih

    ... against PetroChina The US Securities and Exchange Commission (SEC) has warned it might take action against PetroChina after the energy giant admitted for the first time to doing business with its state-owned parent that involved countries under US sanctions, including Iran and Sudan. The jury is still out, however, on whether Washington will impose penalties on PetroChina that could include ...

    http://www.scmp.com/business/commodities/article/1407527/sec-warns-it-may-act-against-petrochina-over-iran-dealings
  8. News - China - CORRUPTION

    Wang Shuaiting latest head to roll in China Resources graft investigation

    Posted May 16th 2014, 11:44pm by Staff Reporters

    ... had been claimed. Meanwhile, Bo Qiliang, overseas operations chief of state-run oil conglomerate PetroChina, is also under investigation, Caixin and Reuters reported, citing company sources. ... A handful of executives of PetroChina have been investigated over the past year. The list includes Li Hualin, a vice-president of the Hong-Kong-listed company, and Jiang Jiemin, a former chairman ...

    http://www.scmp.com/news/china/article/1513915/china-travel-services-hong-kong-vice-chairman-investigated-amid-graft
  9. Business - Commodities - ENERGY

    Mainland China oil majors expected to unveil mediocre profits

    Posted Aug 11th 2014, 03:56am by Eric Ng

    ... to a moderate decline for the first half of this year, as robust growth was offset by higher costs. Analysts expect better second-half results for PetroChina and China Petroleum & Chemical Corp ... in mainland China in the third quarter," Beveridge said. PetroChina, the mainland's largest oil and gas producer, may post a 1.8 per cent rise in first-half net profit to 66.7 billion yuan ...

    http://www.scmp.com/business/commodities/article/1570852/mainland-china-oil-majors-expected-unveil-mediocre-profits
  10. Business - Commodities - ENERGY

    Beijing raises natural gas prices by 16pc

    Posted Aug 12th 2014, 04:59pm by Eric Ng

    ... will benefit state-backed oil and gas giant PetroChina the most, since it is the biggest producer and importer of natural gas. Its share price gained 2.3 per cent today, closing at HK$10.8, after ... allowed, and the actual hikes will depend on the negotiation results between PetroChina and the local governments, some of which may resist the full hike to protect consumers. Powell estimated ...

    http://www.scmp.com/business/commodities/article/1572142/beijing-raises-natural-gas-prices-16pc

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