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China's PetroChina receives notice from U.S. court on probe into executives

2013-11-27 00:07:44| Oil & Gas - Topix.net

China's oil giant PetroChina Co Ltd has received a notice from a U.S. court related to a complaint involving its former and current chairmen on suspected violations of U.S. securities regulations.

Tags: notice court receives probe

 

PetroChina 3Q profit up 19 per cent on higher refining margins after price controls loosened

2013-10-29 15:04:25| Oil & Gas - Topix.net

State-owned PetroChina said Tuesday third quarter profit rose by a fifth as it benefited from fuel price reforms that lifted refining margins at Asia's biggest oil producer.

Tags: price higher profit controls

 
 

PetroChina says report of more probes 'inaccurate', shares rise

2013-09-09 12:50:48| Oil & Gas - Topix.net

The China Business News said five executives, including vice president Sun Longde and director Wang Guoliang, had been detained, citing an unidentified source within the company.

Tags: report rise shares inaccurate

 

Scandal-hit PetroChina tightens control over managers to keep firm running

2013-09-06 01:28:02| Oil & Gas - Topix.net

PetroChina has tightened control over its managers and stepped up safety inspections to ensure the "shock" from a deepening corruption scandal doesn't disrupt the global operations of the Chinese energy giant, officials told Reuters.

Tags: control running firm managers

 

Graft Probe Threatens PetroChina as Executives Targeted: Energy

2013-09-05 16:03:46| Energy - Topix.net

PetroChina Co., the oil producer that became the first $1 trillion company, is the target of a widening anti-corruption probe that threatens the biggest shakeup of China's oil industry in 15 years.

Tags: energy targeted probe executives

 

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