PetroChina | South China Morning Post
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  • Mar 1, 2015
  • Updated: 4:28pm

PetroChina

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.

Markets rally on mainland's stamp duty cut

Shanghai index surges 9pc as intervention boosts confidence

Friday, 25 April, 2008, 12:00am

Power stocks extend strong rebound on talk of Beijing raising tariffs

Mainland power stocks staged a strong rebound for the second consecutive day yesterday, as investors speculated that Beijing will raise power tariffs earlier than expected given the sector's dire profit outlook amid spiralling coal costs.

25 Apr 2008 - 12:00am

Shanghai stocks in worst weekly finish in 11 years

PetroChina leads market down with fall below debut price

Mainland stocks fell yesterday to complete their largest weekly decline in more than 11 years, with heavyweight PetroChina underscoring the market's dire straits by sliding below its initial public offering price.

19 Apr 2008 - 12:00am

CNPC interested in Repsol assets

Mainland companies including China National Petroleum Corp have expressed interest in Repsol YPF, the fifth-largest oil and gas company in the world, which is considering restarting the sale of its Latin American assets that could be valued at US$10 billion, sources said.

14 Apr 2008 - 12:00am

Refining losses cap Sinopec net at 56.5b yuan

Hefty refining losses erased more than 60 per cent of the fourth-quarter profit of the mainland's No2 oil firm, Sinopec, leading to worse than expected 5.5 per cent growth in its full-year net profit to 56.53 billion yuan (HK$62.86 billion) last year.

7 Apr 2008 - 12:00am

Mainland muscles up Forbes list

Booming mainland firms have not only captured the world's attention, they have also seized a significant chunk of its market share as well, according to a ranking by Forbes magazine released this week.

5 Apr 2008 - 12:00am

Goal set for oil and gas finds under energy drive

The Ministry of Land and Resources has established a goal of discovering 10 medium-sized oil fields and eight to 10 major natural gas fields on the mainland by 2010, as it steps up efforts to enhance national energy security.

4 Apr 2008 - 12:00am

Lai See

Caviar for Ping An chairman, crumbs for PetroChina man

Who made more last year - HSBC chairman Stephen Green or Ping An Insurance Group chairman Peter Ma Mingzhe?

26 Mar 2008 - 12:00am

CNPC sales reach 1 trillion yuan mark

Sales at China National Petroleum Corp (CNPC) reached one trillion yuan (HK$1.1 trillion) last year as the nation's largest oil and gas company and parent of listed PetroChina expanded its oil and gas production.

22 Mar 2008 - 12:00am

PetroChina drops 8.4pc after income disappoints investors

Shares in PetroChina yesterday fell as much as 8.41 per cent, after the company posted a disappointing net profit on the back of surging operating costs and a higher tax burden.

21 Mar 2008 - 12:00am

Honghua share sale raises HK$3.19b

Honghua Group, the world's second-largest maker of onshore oil and gas drilling rigs, raised HK$3.19 billion from its listing in Hong Kong after pricing its shares at the middle of the price range, sources said.

1 Mar 2008 - 12:00am

Honghua to seek HK$3b in March IPO

Honghua Group, a Sichuan-based manufacturer of petroleum drilling rigs, hopes to raise at least HK$3 billion through an initial public offering in early March to fund its expansion plans, a source said.

22 Jan 2008 - 12:00am

Oil stocks tumble on price caps

Mainland moves to fight inflation also weaken shares of power companies

Mainland oil and gas, fertiliser and power stocks fell after Premier Wen Jiabao said energy and fertiliser prices would be capped in the near term, as Beijing was in the midst of combatting decade-high inflation.

11 Jan 2008 - 12:00am

PetroChina debacle likely to prompt big regulatory changes

The controversy surrounding PetroChina's initial public offering on the mainland has shown little sign of abating since its trading debut in November. It has sparked heated debates in the official media, internet chat rooms, and in Beijing.

7 Jan 2008 - 12:00am

PetroChina plans Daqing oil boost

PetroChina, the nation's largest oil and gas producer, has developed technology to exploit more than one billion tonnes of oil reserves from its largest and oldest oilfield, Daqing, in Heilongjiang province, but it remains unclear as to whether the advancement would add much to oil output.

3 Jan 2008 - 12:00am