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Results 1 - 10 of 21 for petrochina

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  1. PetroChina still tops despite 22pc profit fall

    Posted Mar 26th 2009, 12:00am by Eric Ng

    ... Eric Ng PetroChina has narrowly retained its status as the most profitable Hong Kong-listed company, even though net profit slid 22 per cent last year, its first decline since 2001. ... Mr Zhou said some pick-up in demand had been seen. PetroChina's average daily fuel sales exceeded 250,000 tonnes last year, compared with a volume of under 200,000 tonnes that had ...

  2. Xinao to expand user base as profit surges

    Posted Apr 10th 2009, 12:00am by Denise Tsang

    ... contracts with oil producers PetroChina and CNOOC. Executive director Wilson Cheng Chak-ngok said 75 per cent of the portfolio of 72 gas projects along the mainland's coast were debt-free, ...

  3. Six banks among top profit makers

    Posted May 11th 2009, 12:00am by Staff Reporter

    ... from a year earlier. ICBC trailed only PetroChina, the mainland's oil giant, which earned 114.4 billion yuan last year. The other five banks are China Construction Bank Corp, Bank ... companies are backed by the state and enjoy a market monopoly to generate profits. In addition to PetroChina and the six lenders, oil refiner China Petroleum and Chemical Corp (Sinopec), coal ...

  4. Cosco International in quest for fuels firm

    Posted Mar 25th 2011, 12:00am by Keith Wallis

    ... (PetroChina) from parent Cosco by the end of this year. This emerged after financial controller Tony Lo Siu-leung said Cosco International planned to make a potential HK$3 billion investment in its ... the possible acquisition of a marine bunker supplier from Cosco. Chimbusco, a 50-50 joint venture between Cosco Group and PetroChina, is the only bunker oil supplier controlled by the parent company. ...

  5. Upgrades and downgrades

    Posted Sep 26th 2003, 12:00am by Staff Reporter

    ... HOLD PetroChina Morgan Stanley has downgraded its rating to 'equal-weight' from 'overweight', saying the stock is fully valued. 'Since the fundamentals have not changed and we expect no investment catalysts in the near term, we suggest that investors be disciplined about valuation,' said analysts Howard Wong, Henik Fung and Stuart Baker. They also ...

  6. CNOOC ramps up output as profit surges 42pc

    Posted Apr 01st 2009, 12:00am by Eric Ng

    ... This growth rate contrasts with rivals China Petroleum & Chemical Corp's (Sinopec) 4 per cent growth target and PetroChina's 1.2 per cent decline, as the latter shut down some high-cost ... near the high end of its 7 to 11 per cent target. While PetroChina and Sinopec's top management last week said overseas acquisitions were now more feasible and attractive with the sharp ...

  7. CLP revenue drops 14.5pc on lower demand, tariff cut

    Posted May 13th 2009, 12:00am by Denise Tsang

    ... firm PetroChina and Shenzhen Gas. The company's stock jumped 90 HK cents or 1.75 per cent to finish at HK$52 at the close of trade yesterday after the utility major announced the results. ...

  8. In Brief

    Posted Mar 11th 2009, 12:00am by Staff Reporter

    ... Shipping unveils LNG venture with PetroChina Shares in China Shipping Development were suspended from trading yesterday pending an announcement on an asset injection and a joint venture with PetroChina on liquefied natural gas (LNG) transportation. Trading resumes today. The company yesterday confirmed a China Business News report that China Shipping Group, parent of China Shipping ...

  9. Dalian Port expects further impact on logistics industry from crisis

    Posted Apr 04th 2009, 12:00am by Eric Ng, Kandy Wong

    ... giant PetroChina and Dalian Construction Investment to construct and operate a liquefied-natural-gas terminal in Dalian. Dalian Port will have a 20 per cent stake in the multi-billion yuan ...

  10. Gas project eyed after profit soars at Beijing group

    Posted Mar 31st 2009, 12:00am by Denise Tsang

    ... cent owned by Beijing Gas and 60 per cent by oil producer PetroChina, aims at transmitting 15 billion cubic metres of the green fuel to the capital annually. The combined capacity of the first ...




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