PetroChina posted record-high operating profits for the first half of the year on the back of strong drilling output and higher oil prices, which allowed it to offset weak fuel demand in China.
Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) shares jumped 18% in Wednesday's early deals, rising to 1.21p, after the ...
PetroChina’s 00857 first-half 2023 net profit of CNY 85.3 billion, up 4% year on year, beat our expectation. After incorporating our latest energy price and foreign ...
PetroChina has significantly outperformed the S&P 500, offering a total return of 259% over four years, driven by its growth prospects and low valuation. Despite a cautious oil market outlook, ...
PetroChina’s 00857 2022 net profit of CNY 149.4 billion, up 62% year on year, is in line with its preliminary guidance. We cut our fair value estimate to HKD 4.80 per H-share (CNY 4.22 per A-share) ...
PetroChina is significantly undervalued and trading far below its oil and gas assets. PetroChina has the highest revenue but low profits because of government regulations that set the prices for oil ...
Operating results broke company records for the period for the third consecutive year despite an overall weakening of demand in the oil and gas industry. Image by travellinglight via iStock PetroChina ...
The latest update is out from PetroChina Company ( (HK:0857)). PetroChina has announced that its controlling shareholder, China National Petroleum Corporation, has increased its stake in the company ...
Chinese state oil and gas giant PetroChina plans to power all its drilling and refining activities with clean power by 2033 and to install massive renewable energy capacity this year. The Chinese firm ...
PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and central Asia, two people ...
BEIJING, March 31 (Reuters) - China's largest oil and gas producer, PetroChina 601857.SS, said on Thursday it aimed to have renewable energies make up one third of its energy portfolio by 2035 and 50% ...
PetroChina posted a record annual profit following a global spike in energy prices and rising output of oil and gas. China’s largest oil producer reported net income of 149 billion yuan ($21.6 billion ...