As its name suggests, PetroChina Company Ltd is the listed arm of state-owned China National Petroleum Corporation (CNPC). It is China's biggest oil producer, and is listed in Hong Kong, New York, and Shanghai.
PetroChina, the nation's largest oil and gas producer, posted a sharper-than-expected 33 per cent year-on-year decline in profit as three out of four of its operating segments were hit by a slower economy.Wednesday, 31 October, 2012, 4:12am
Baidu debuts security software in Thailand17 Oct 2012 - 2:22am
The Hong Kong stock market had its worst day in nearly a month on Friday, as increasingly bearish investors focused on worsening corporate profits amid slowing Chinese economic growth and as hopes of monetary policy easing in China and the US in the near term look increasingly unlikely.29 Aug 2012 - 3:05pm
Hong Kong stocks are expected to open lower on Friday after China said it is studying how to beef up existing property market curbs and after key players poured cold water overnight on hopes of a new round of US quantitative easing.29 Aug 2012 - 3:05pm
PetroChina, the nation's largest oil and gas producer, yesterday echoed Beijing's call for state-owned companies in oligopolistic industries to invite private enterprises to co-invest in major projects.
The statement came as the energy giant announced a 6 per cent year-on-year fall in first-half net profit to 62.03 billion yuan (HK$75.94 billion).24 Aug 2012 - 2:47am
The central government has cut fuel prices for the third time in as many months to reflect lower crude costs, while analysts expect a long-awaited pricing reform to be rolled out later this year that would benefit loss-making oil refiners.11 Jul 2012 - 12:00am
Beijing has given the all-clear for a long-awaited plan to break the monopoly of government-controlled industrial giants, putting out a guideline that encourages private investment in state-owned enterprises (SOEs).26 May 2012 - 12:00am
Shares of piped gas distributor China Gas rose 4.1 per cent after state-owned rival Beijing Enterprises Group raised its stake at a substantial premium to the unsolicited takeover offer of the ENN Energy Holdings-China Petroleum & Chemical (Sinopec) consortium.8 May 2012 - 12:00am
PetroChina, the nation's largest oil-and-gas producer, posted a 5.8 per cent year-on-year rise in first-quarter net profit, as sharply higher profit from oil-and-gas production was mostly offset by widened losses in oil-refining and gas-import operations.27 Apr 2012 - 12:00am
Two mainland companies unveiled plans to go public in Hong Kong, targeting a total of HK$2 billion after earlier delaying their announcements due to poor market conditions.14 Dec 2011 - 12:00am
Globalisation turned our world into a global village. Multinational companies do business across various time zones and tax jurisdictions.
Now a report by a Big Four accounting firm shows that companies with operations in various countries are struggling to comply with increasing regulation and the growing complexity of global financial and tax reporting.1 Nov 2011 - 12:00am
A fire broke out yesterday morning at a PetroChina refinery in Dalian, Liaoning, as it was about to resume full operation following a blaze last month, state media reported.30 Aug 2011 - 12:00am
China Petroleum & Chemical (Sinopec), the nation's second-largest oil and gas producer and the world's second-largest oil refiner, plans to continue expanding its refining operation despite losses sparked by Beijing's fuel price controls.30 Aug 2011 - 12:00am
PetroChina plans to double its gas pipeline network and raise gas output by two-thirds in the next five years. The strategy comes despite an analyst's warning that it may rack up 13 billion yuan (HK$15.86 billion) this year in losses from gas imports because it cannot lift domestic prices.26 Aug 2011 - 12:00am
The Ministry of Finance will rebate natural gas importers the 13 per cent value-added tax they are paying to help cut their losses due to high import prices and low domestic prices.24 Aug 2011 - 12:00am