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  • September 18, 2014
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Results 1 - 10 of 31 for petrochina

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  1. PetroChina eyes second gas link

    Posted Aug 13th 2003, 12:00am by Eric Ng

    ... The country's largest producer of the fuel plans to build another pipeline to connect Beijing to its Shaanxi fields PetroChina, the country's largest oil and gas producer, plans ... in Shanxi, Hebei and Shandong provinces. A PetroChina spokesman said the planned pipeline would be designed to deliver 12 billion cubic metres (bcm) of gas a year, equivalent to the capacity ...

  2. PetroChina gas project 50pc sealed

    Posted Jan 03rd 2004, 12:00am by Eric Ng

    ... Eric Ng Customers from several provinces commit to buy from the west-to-east pipeline, accounting for half of its capacity PetroChina, the country's largest oil and gas producer, has ... investors would pull out or be shut out of the project. PetroChina public relations director Bi Jianguo said that the company had signed 'take-or-pay' contracts with 18 customers which had ...

  3. PetroChina cuts pipeline's foreign ties

    Posted Aug 04th 2004, 12:00am by Eric Ng

    ... Eric Ng Negotiations with Shell and ExxonMobil end amid talk the energy giant has sufficient finances to complete the project PetroChina has ended a preliminary agreement with foreign oil ... reserves as well as the length of the joint venture contract, which would affect the rate of return for the foreign firms. Analysts also say PetroChina may no longer see the need to use foreign ...

  4. PetroChina heads offshore

    Posted Jul 07th 2004, 12:00am by Eric Ng

    ... Eric Ng Oil giant's licence for South China Sea exploration poses challenge to CNOOC Mainland oil giant PetroChina could provide the first serious challenge to rival CNOOC's ... position hinges on whether PetroChina is allowed to form joint ventures with foreign firms to obtain the necessary expertise, and whether it can circumvent difficulties arising from political ...

  5. PetroChina's $36b profit sets record for HK firms

    Posted Aug 28th 2003, 12:00am by Eric Ng

    ... The oil and gas producer expects a benchmark year because of higher oil prices PetroChina expects to set a record net profit for the full year after reporting the highest interim net ... realised oil price to US$28.58 a barrel. Earlier this month, HSBC Holdings reported an interim profit of US$4.1 billion, equivalent to about HK$31.98 billion. 'I am very confident PetroChina ...

  6. CNOOC parent joins petrol retail fray

    Posted Jul 16th 2004, 12:00am by Eric Ng

    ... oil producer- plans to set up its own chain of fuelling stations to compete with PetroChina and China Petroleum & Chemical Corp (Sinopec) in the mainland's affluent coastal regions. ... the same way by late 2006. In the interim, foreign firms have been setting up joint ventures to tap the market. PetroChina and BP formed a joint venture to run up to 500 existing petrol stations ...

  7. China energy firms earn mixed reviews

    Posted May 23rd 2004, 12:00am by Chris Oliver

    ... these companies have different stripes. In a research report released last week, Merrill Lynch offered opposing takes on the outlook for energy giants PetroChina and Sinopec. The brokerage house penned a 'neutral' recommendation on PetroChina, saying the company has little to look forward to despite upbeat crude prices. 'A rising cost base and a widening discount in realised prices ...

  8. Record oil prices boon for majors

    Posted Aug 23rd 2004, 12:00am by Eric Ng

    ... Eric Ng PetroChina, Sinopec and CNOOC profit from strong demand for their products China's state-controlled oil companies are expected to post record first-half profits this week, buoyed by high oil prices and fat profit margins in petroleum and chemical products due to strong demand. PetroChina, the nation's largest oil producer, is forecast to report net profit ...

  9. Business Digest

    Posted May 11th 2004, 12:00am by Staff Reporter

    ... because the bank needed more time to gather data. Kelvin Wong petrochina wins gas station bid in hong kong PetroChina has outbid domestic and international competitors to turn five sites ... 21-year land grants for a total premium of $501 million. A PetroChina spokesman said the bid was part of the oil giant's international expansion and distribution business development ...

  10. Consolidation looms after stretch of buying

    Posted Jul 21st 2005, 12:00am by Staff Reporter

    ... results. PetroChina led the gains, climbing 2.52 per cent to $6.10, accounting for 32.7 per cent of the H-share index's upside. The oil company reported positive first-half operating ... for PetroChina by 7 per cent to 138 billion yuan and raised its target price to $6.60. The brokerage house also expects a 41 per cent year-on-year increase in PetroChina's interim net profit to 63.8 ...




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