Post Tagged with: "Ticker: PTR"

(FILES) This file photo dated 08 September, 2004 shows a PetroChina gas station attendant in Beijing returning the nozzle at the pumps. Fidelity Investments, the world's largest mutual fund firm, has sold the bulk of its American Depositary Receipts (ADR) in PetroChina amid pressure from United States activists upset over its parent's interests in Sudan, reports said 17 May 2007. AFP PHOTO / FILES / Frederic J. BROWN

Is China’s Energy Sector Becoming a Dinosaur?

“We are a big elephant already. If we don’t reform ourselves faster, we will become a dinosaur” – Fu Chengyu, former Chairman of Sinopec and CNOOC

China’s oil and gas industry is at risk of falling behind the times, according …

December 1, 2016 - 4:47 pm — China, Closing Bell Story‎, Oil and Gas 360 Articles
Chinese Oil Production Down 11% – Daily Production Hits 7-Year Low

Chinese Oil Production Down 11% – Daily Production Hits 7-Year Low

Uncertainty over oil prices is hurting Chinese oil production

Daily oil production in China – the world’s second-largest crude consumer after the United States – fell to a seven-year low in October, according to data from the country’s statistics bureau. …

November 14, 2016 - 1:20 pm — China, Closing Bell Story‎, Exploration and Production (E&P), Oil and Gas 360 Articles
(FILES) This file photo dated 08 September, 2004 shows a PetroChina gas station attendant in Beijing returning the nozzle at the pumps. Fidelity Investments, the world's largest mutual fund firm, has sold the bulk of its American Depositary Receipts (ADR) in PetroChina amid pressure from United States activists upset over its parent's interests in Sudan, reports said 17 May 2007. AFP PHOTO / FILES / Frederic J. BROWN

PetroChina Income Down 94%, But the Company May Be Looking to Expand Internationally

Low oil prices continue to hurt Chinese oil major PetroChina

China’s largest crude oil and natural gas producer, PetroChina (ticker: PTR), released its third-quarter results today, reporting substantially lower income amid the global crude oil glut. Net income during the …

October 28, 2016 - 4:39 pm — China, Closing Bell Story‎, Earnings, Oil and Gas 360 Articles
Beijing Turns Down the Heat As Natural Gas Demand Outpaces Supply

Beijing Turns Down the Heat As Natural Gas Demand Outpaces Supply

Delays in natural gas supplies force offices and public buildings to turn down the thermostat

Offices, malls, supermarkets and other buildings in Beijing have been told to lower their heat to no higher than 14 degrees Celsius (57 degrees Fahrenheit) …

December 28, 2015 - 4:49 pm — Closing Bell Story‎, Oil and Gas 360 Articles
(FILES) This file photo dated 08 September, 2004 shows a PetroChina gas station attendant in Beijing returning the nozzle at the pumps. Fidelity Investments, the world's largest mutual fund firm, has sold the bulk of its American Depositary Receipts (ADR) in PetroChina amid pressure from United States activists upset over its parent's interests in Sudan, reports said 17 May 2007. AFP PHOTO / FILES / Frederic J. BROWN

PetroChina Wins Dismissal of U.S. Lawsuit

Investors sue PetroChina for violating U.S. securities laws

U.S. District Judge Edgardo Ramos in Manhattan dismissed claims against Chinese oil giant PetroChina (ticker: PTR) regarding declines in the company’s share price after company officials were included in an anti-graft probe …

August 5, 2015 - 4:11 pm — International, Oil and Gas 360 Articles
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