|Bid||5.360 x 0|
|Ask||5.370 x 0|
|Day's Range||5.300 - 5.440|
|52 Week Range||4.720 - 6.660|
|PE Ratio (TTM)||120.81|
|Forward Dividend & Yield||0.07 (1.37%)|
|1y Target Est||6.94|
China National Petroleum Corp, the parent of listed PetroChina, is paying $1.2bn to buy 10 per cent of three offshore oilfields in Abu Dhabi, even as the Emirates seeks new outside investors, the companies ...
PetroChina Co., the country’s biggest oil and gas company, once again rewarded shareholders by paying out its entire net income as dividends.
PetroChina will take 10 percent stakes in two of Abu Dhabi National Oil Company's (ADNOC) offshore concessions under a 40-year agreement signed on Wednesday by its parent company China National Petroleum Corporation (CNPC). PetroChina paid a participation fee of 2.1 billion dirhams ($575 million) for the Umm Shaif and Nasr concession and a fee of 2.2 billion dirhams ($600 million) for the Lower Zakum concession, ADNOC said in a statement.
PetroChina will take 10% stakes in 2 of Abu Dhabi National Oil Company's (ADNOC) offshore concessions under a 40-year agreement.
With its earnings outlook improving and massive pipeline assets expected to be restructured, analysts are forecasting a rally in PetroChina Co.’s Hong Kong shares, which are still trading at 2008 crisis ...
PetroChina Company Limited (SEHK:857) saw significant share price volatility over the past couple of months on the SEHK, rising to the highs of HK$6.48 and falling to the lows ofRead More...
China's natural gas production is rising at the fastest pace in four years but that will not be enough to meet the demand for the fuel that has been unleashed through a government programme to raise gas usage in order to clean the country's polluted air. Gas output in China rose to a record 147.4 billion cubic metres (bcm) last year, up 8.5 percent from 2016, data from the National Bureau of Statistics showed. Gas production is forecast to climb by between 6 percent to 8 percent per year through 2020, according to researchers at China National Petroleum Corp.
Moody's Investors Service says that the positive earnings alert for PetroChina Company Limited -- the key listed subsidiary of China National Petroleum Corporation (CNPC, A1 stable) -- is credit positive ...
PetroChina Co. forecast for full-year profit possibly tripling came in below what analysts had expected, raising speculation that the company wrote down assets in the fourth quarter.
The Zacks Analyst Blog Highlights: PetroChina, SORL Auto, Sinopec Shanghai, Autohome and Noah Holdings
China's economy, which is nearly two-third the size of the United States, might outpace the United States within the next 10 years if the current rate of expansion continues.
PetroChina has nearly doubled the amount of Russian crude being processed at its refinery in Dalian, the company's biggest, since January, as a new supply agreement has come into effect, a senior industry source with direct knowledge of the matter said on Wednesday. The Dalian Petrochemical Corp, located in the northeast port city of Dalian, is expected to process 13 million tonnes, or 260,000 barrels per day (bpd) of Russian pipeline crude this year, up by about 85 to 90 percent from last year's level, the source said. Dalian has the capacity to process about 410,000 bpd of crude.
* PetroChina operates the onshore Jabung block in Jambi, and also operates Tuban block along with state energy company PT Pertamina. * PetroChina is also interested in East Kalimantan block, which is operated by Chevron, and the contract is due to expire this year.
The construction permits associated with the pipeline has been temporarily suspended since Energy Transfer (ETP) has failed to comply with the Clean Streams Law and the Dam Safety Act.
Shell (RDS.A) remains on track to meet its $30-billion global divestment target by 2018, having completed more than $23 billion divestment deals.
Dec 29 (Reuters) - Binhai Investment Co Ltd: * UNIT ENTERED INTO NATURAL GAS ENTRUSTED TRANSMISSION, MEASUREMENT & HANDOVER 4-PARTY AGREEMENT * AGREEMENT WITH CNOOC TIANJIN COMPANY, PETROCHINA DAGANG ...
BP's (BP) short interest has fallen (percentage of outstanding shares) from 0.3% on October 2 to the current level of 0.2%. A fall like this usually shows that the bearish sentiment for the stock has decreased....
Dec 28 (Reuters) - Sichuan Expressway Co Ltd : * SAYS IT SIGNS REFINED OIL SALES CONTRACT WITH PETROCHINA'S SICHUAN BRANCH, EXPECTS 2018 TRANSACTION AMOUNT OF UP TO 1.5 BILLION YUAN ($229.59 million) Source ...
PetroChina's oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in West Africa, Brazil and Pakistan in a major global expansion aimed at taking on international rivals, according to three senior oil industry executives briefed on the plans. The ambitious drive at one of the world's top oil merchants is taking shape eight months after Tian Jinghui, a vice president at PetroChina, took over the reins at Chinaoil, PetroChina's trading vehicle.
PetroChina's oil and gas trading arm aims to buy petrol stations and fuel storage facilities, according to executives.