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  1. PetroChina plans 103b yuan spending

    Posted Jul 04th 2005, 12:00am by Eric Ng

    ... Eric Ng Record investment will upgrade plants and boost exploration PetroChina plans to spend a record 103 billion yuan this year, 5.64 per cent more than indicated by its management ... crude oil pipeline later this year to carry oil to Dushanzi, near the Kazakhstan border. PetroChina earlier said it would lift the annual capacity of its oil refinery in Dushanzi from six ...

  2. Investors watch from sidelines in quiet trade

    Posted Mar 22nd 2005, 12:00am by Joseph Lo

    ... on continued fears that crude would remain at record levels. PetroChina, the nation's No1 oil producer and refiner, rose 2 per cent to $5.10, a record high since its listing in the middle of 2000. The H-share index rose 36.26 points, or 0.07 per cent, to 4,959.81, due largely to the performance of PetroChina and CNOOC, the mainland's largest offshore oil producer. Other oil counters were ...

  3. Sino-foreign petrol stations operating without approval

    Posted Aug 05th 2003, 12:00am by Eric Ng

    ... PetroChina - the mainland's largest oil producer - was operating 293 petrol stations at the end of last year with joint venture partner BP, even though the scheme has not been given ... speculated that Beijing is dragging its feet to shore up the market dominance of PetroChina and Sinopec before the retail petrol sector is officially opened to foreign competition at the start ...

  4. 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 ...

  5. Mainland oil giants targeting big deals

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

    ... Tim LeeMaster CNOOC, PetroChina eye Talisman, Santos stakes The mainland's leading oil companies are beginning to consider jumbo overseas acquisition opportunities again after months ... Talisman Energy in a deal that could develop into asset sales or a complete takeover, sources said. PetroChina, the largest oil company on the mainland, was looking at taking a stake in Santos, ...

  6. CUCBM in talks with potential investors to raise up to 20b yuan

    Posted Nov 21st 2009, 12:00am by Eric Ng

    ... and oil and gas producers. PetroChina, a former shareholder of CUCBM, China Petroleum & Chemical (Sinopec) and Shanxi province coal miner Jincheng Anthracite Coal Mining Group had all applied, Xinhua reported. Citing differences in opinion over development strategies, PetroChina and CUCBM's current parent China National Coal Group agreed last year to break up CUCBM's assets ...

  7. Lai See

    Posted Jan 01st 2005, 12:00am by Ben Kwok

    ... logos- separated at birth? Do you, like Lai See, already have problems distinguishing Hong Kong-listed PetroChina from its parent China National Petroleum Corp? It's not as hard as keeping CNOOC Ltd and parent China National Offshore Oil Corp apart, mind you, and it is about to get even harder. Starting this week, PetroChina and CNPC have adopted a new red-and-yellow flower petal ...

  8. COSL sees strong income growth despite oil decline

    Posted Aug 30th 2008, 12:00am by Eric Ng

    ... the huge opportunities abroad, we will not compete head-on with PetroChina and China Petroleum & Chemical Corp on the home turf,' he said. 'Even they are expanding aggressively overseas.' So far, COSL has provided onshore service to PetroChina in Xinjiang and has operated in Libya. In offshore mainland, oil and gas producer sister company CNOOC provided 65 per cent ...

  9. State backs fledgling gas sector

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

    ... in other coastal cities north of Zhejiang, where it will face competition from PetroChina and China Petroleum & Chemical, which also wants to build liquefied natural gas terminals in east China. PetroChina is building a pipeline to carry gas from Xinjiang and Shaanxi provinces to east China and another from Shaanxi to Hebei and Shandong. Mr Fu said China National had signed gas ...

  10. Shell-Sinopec petrol station talks still on

    Posted Jan 12th 2004, 12:00am by Eric Ng

    ... of each region and assess which combination of sites will give the best sales network.' Both Sinopec and rival PetroChina are setting up petrol station joint ventures with foreign rivals. The mainland firms want to tap foreign management expertise, while the foreign companies are eyeing the opportunity of entering the mainland market. A PetroChina feasibility study into setting up ...




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