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PetroChina profit down 82 percent on low oil price

2015-04-28 06:59:41| Oil & Gas - Topix.net

State-owned PetroChina Ltd., Asia's biggest oil and gas producer, says its quarterly profit declined 82 percent from a year earlier due to a sharp decline in oil prices. The Beijing-based company said it earned 6.2 billion yuan , or 0.03 yuan per share in the three months ended March 31. Total revenue fell 22 percent to 410.3 billion yuan .

Tags: price low percent oil

 

Anti-graft probe targets PetroChina vice chairman

2015-03-17 08:38:16| Oil & Gas - Topix.net

In this photo taken April 26, 2011, Liao Yongyuan, vice chairman of PetroChina Ltd. inspects PetroChina facilities in Wanzhou district in southwest China's Chongqing Municipality. Liao is under investigation for possible "serious violation of the law," the ruling party's Central Commission for Discipline Inspection announced late Monday, March 16, 2015.

Tags: vice chairman targets probe

 
 

PetroChina exec in corruption probe

2015-03-17 06:47:50| BBC News | Business | UK Edition

A vice-chairman of China's biggest state-owned oil producer, PetroChina, is being investigated for "serious disciplinary violations", state media say.

Tags: probe corruption exec petrochina

 

Tethys Petroleum signs MOU with PetroChina International Kazakhstan

2015-03-04 01:00:00| Hydrocarbons Technology

Tethys Petroleum has signed a memorandum of understanding (MOU) with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial cooperation in natural gas and crude oil deliveries.

Tags: international signs kazakhstan petroleum

 

PetroChina to seal takeover of Athabasca oil sands project by September

2014-08-04 20:29:51| Oil & Gas - Topix.net

State oil giant PetroChina plans to pay the more than $1-billion it needs to complete a takeover of the Dover oil sands project from Canadian firm Athabasca Oil Corp. by the end of September, a person with knowledge of the deal told Reuters.

Tags: september project oil seal

 

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