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BEIJING—PetroChina Co. has become the latest major global oil company to slash its spending plans for the coming year, after a global drop in oil prices led to a 17% fall in its 2014 net profit.
I write about global business and investing in emerging markets. But while PetroChina is a staple investment in all large cap China investment funds, including the iShares FTSE China (FXI ...
PetroChina became the world's first company worth more than $1 trillion on Monday, surging past Exxon Mobil as the Chinese oil producer's shares nearly tripled in their first day of trading in China.
PetroChina press release (OTCPK:PCCYF): FY net profit attributable to shareholders of the company increased by 8.3% Y/Y to RMB 161.15 billion, with the return on equity reached 11.1% and the ...
BEIJING -- PetroChina Co. has agreed to buy the 50% stake held by parent company China National Petroleum Corp. in an international joint venture between them, in a deal valued at $11.8 billion ...
HONG KONG -- Investor Warren Buffett further reduced his stake in the listed shares of oil and gas giant PetroChina to 7.99% from 8.21%, according to a filing with the Hong Kong stock exchange Friday.
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 ...
BEIJING, April 29 (Reuters) - China's top energy producer PetroChina (601857.SS), opens new tab, posted a 2.3% rise in first-quarter profit on Tuesday, citing higher natural gas output ...