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.

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 ...

State-owned PetroChina has told its traders not to buy or trade Venezuelan crude since Washington took control of the OPEC producer's oil exports this month, two trading executives familiar with the ...

Why PetroChina Is On Investors' Radar Today With PetroChina (SEHK:857) recently closing at HK$9.28, many investors are ...

PetroChina is avoiding Venezuelan crude despite U.S.-authorized sales, citing Washington’s control over the trade and reduced price discounts that undercut its economic appeal.

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, ...

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 ...

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 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 ...

NEW YORK -- A big shift is happening in Big Oil: an American giant now ranks behind a Chinese upstart. Exxon Mobil is no longer the world's biggest publicly traded producer of oil. For the first time, ...