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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.
- Most of the state-owned energy firms’ capital expenditure will go on lifting production from costly wells and ageing fields
- Analysts say the higher expenditure is likely to worry investors
PetroChina, the country’s largest oil and gas producer, will seek deeper ties with energy producers in the US, with the hope of playing a key role in helping the two countries resolve their trade war, its president said on Thursday.
PetroChina, the country’s largest oil and gas producer, will seek deeper ties with energy producers in the US, with the hope of playing a key role in helping the two countries resolve their trade war, its president said on Thursday.
Lanzhou Petrochemical, a subsidiary of oil and gas giant PetroChina, has agreed to fix its problems "immediately" after a rare public rebuke for a string of serious pollution leaks.
Lanzhou Petrochemical, a subsidiary of oil and gas giant PetroChina, has agreed to fix its problems "immediately" after a rare public rebuke for a string of serious pollution leaks.
Gas price rises by Beijing last year depressed demand for the fuel but the impact will be more than offset by rising consumption and greater supply in the long term, according to Kunlun Energy.
Gas price rises by Beijing last year depressed demand for the fuel but the impact will be more than offset by rising consumption and greater supply in the long term, according to Kunlun Energy.
Oil and gas giant PetroChina unveiled a plan to sell its entire stake in some sections of its west-to-east natural gas pipelines, worth some 39 billion yuan (HK$49 billion), in the second pipeline assets disposal in a year.
Oil and gas giant PetroChina unveiled a plan to sell its entire stake in some sections of its west-to-east natural gas pipelines, worth some 39 billion yuan (HK$49 billion), in the second pipeline assets disposal in a year.
While a major gas discovery announced by PetroChina last week triggered a spike in its share price, analysts said any such news should be taken with a pinch of salt given the firm's tarnished track record in bringing previously announced major discoveries to production.
While a major gas discovery announced by PetroChina last week triggered a spike in its share price, analysts said any such news should be taken with a pinch of salt given the firm's tarnished track record in bringing previously announced major discoveries to production.
From the giant southern oilfields to the lively souks of Basra, China is drilling ever deeper into Iraq.
From the giant southern oilfields to the lively souks of Basra, China is drilling ever deeper into Iraq.