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  • July 29, 2014
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Results 1 - 10 of 23 for petrochina

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  1. Firms estimate disaster losses to cost billions

    Posted May 20th 2008, 12:00am by Carol Chan

    ... PetroChina have sent 16 tanker trucks and five fuel tankers to join the rescue mission to ensure vital energy supplies. CNPC said Sichuan had sufficient supply of oil products. The daily supply of fuel through the pipeline from PetroChina's Lanzhou refinery to the province reached 16,900 tonnes by Sunday, 2,000 tonnes more than the average level, it said in a separate statement. ...

  2. Top oil firms among worst hit by earthquake

    Posted May 15th 2008, 12:00am by Carol Chan

    ... Daniel Ren in Shanghai, Carol Chan and Natalie Chiu PetroChina, Sinopec Corp and Yunnan Copper Industry are among the companies that will bear the brunt of the 7.8-magnitude earthquake ... be limited. PetroChina and Sinopec said their gas output was affected as the nation's two largest oil companies halted operations at some wells in Sichuan after Monday's devastating quake. ...

  3. Booming oil stocks save the index

    Posted Jul 07th 2005, 12:00am by Staff Reporter

    ... PetroChina, China's biggest oil producer, surged 3.39 per cent to $6.10, the highest since the stock first traded in April 2000. CLSA said in a report that 'high oil prices and a better than expected production performance from its Daqing field has driven further out-performance for PetroChina's shares'. The investment bank also expects PetroChina's management to extend ...

  4. Catastrophe causes 15m yuan of losses for Towngas China

    Posted May 17th 2008, 12:00am by Denise Tsang

    ... Dayi and Cangxi, company chairman Alfred Chan Wing-kin said. Upstream gas supply from oil firms PetroChina and Sinopec was back to normal, he added. The firm has three projects close ...

  5. Mainland firms face profit pressure

    Posted May 22nd 2008, 12:00am by Nick Westra

    ... finished up 290.83 points or 1.16 per cent at 25,460.29. Investors cheered rumours that the mainland authorities would raise oil prices to give heavyweight oil companies such as PetroChina and Sinopec Corp a much-needed boost amid record high crude costs. Shares of PetroChina jumped 6.63 per cent while Sinopec surged 9.99 per cent in Shanghai. They rose 2.16 per cent and 4.27 per cent ...

  6. Local investors get index to track sustainable firms

    Posted Jul 22nd 2010, 12:00am by May Chan

    ... Property, Cathay Pacific, OOIL, HKEx, China Railway, Li & Fung, China Agri, China Overseas, China Telecom, PetroChina, CCB, China Mobile, Lenovo Group, Anta Sports, BOC Hong Kong, China Life, CM ... Ping An Insurance A, China Railway Group A, China Life A, PetroChina A, CCB A, Bank of China A. ...

  7. Sinopec income soars on change in price controls

    Posted Oct 30th 2009, 12:00am by Eric Ng

    ... to US$77.46 caused shares in mainland oil producers to tumble more than the wider stock market. CNOOC slid 4.5 per cent to HK$11.50 yesterday, while PetroChina lost 4 per cent to HK$9.55. Sinopec, which has big oil refining operations and benefits from lower oil prices amid state fuel price controls, outperformed with a 1.3 per cent fall to HK$6.63. PetroChina's share price was also ...

  8. Asia at greater risk from impact of oil prices

    Posted Jul 07th 2005, 12:00am by Staff Reporter

    ... will take the biggest hit. Oil producers will be the key beneficiaries- PetroChina and CNOOC closed at record highs yesterday. Nymex crude for August delivery was at US$60.50 per barrel in late ...

  9. Aftershocks shake equities markets

    Posted May 26th 2008, 12:00am by Staff Reporter

    ... on May 21 after the 4.48 per cent fall, amid rumours that Beijing would raise retail oil and gas prices to bail out struggling PetroChina and Sinopec. Analysts said the rumours built up investor ... decades, added inflationary pressure on the back of relief and reconstruction efforts. The mainland's corporate champions, including PetroChina and Sinopec, closed some of their oil fields ...

  10. Exxon looks for $11.1b Sinopec exit

    Posted Mar 02nd 2005, 12:00am by Eric Ng

    ... of BP in February, selling its Sinopec shares at a 98 per cent premium to their issue price. BP also bought 20 per cent of PetroChina's Hong Kong public offer in April 2000. It sold its ... and will narrow its valuation gap with PetroChina. 'In the short term, the share price may come under pressure from the placement,' said Phillip Securities director Louis Wong Wai-kit. 'But ...




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