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Sinopec ( SNP -2.6% ) is expected to capitalize on its position as a leading supplier of marine fuels in China, as the government paves way for domestic refiners to ramp up production of IMO-compliant marine fuels, S&P Global Platts reports. More news on: China Petroleum &...
PetroChina (NYSE: PTR ) says it swung to a Q1 loss of 16.23B yuan ($2.29B) compared with a 10.25B yuan net profit in the year-earlier quarter, and revenue slid 14% Y/Y to 509.1B yuan, adding the coronavirus has significantly hurt its business since January. More news on: PetroChina Compa...
PetroChina (NYSE: PTR ): Q1 net loss of RMB 16.2B More news on: PetroChina Company Limited, Earnings news and commentary, Energy stocks news, Read more ...
By now, everyone has heard of Hin Leong's bankruptcy filing in Singapore. However, we should remember that Hin Leong owns and operates Universal Terminal, one of the largest crude oil terminal and storage facilities in the world. And, that out to the massive number of tankers anchored in Singa...
China's Sinpoec ( SNP +1.1% ) is in early-stage talks with Hin Leong Trading to buy a stake in the Universal Terminal in Singapore that the trader partly owns, Reuters reports. More news on: China Petroleum & Chemical Corporation, PetroChina Company Limited, Energy stocks news, ...
Royal Dutch Shell ( RDS.A , RDS.B ) says it made a final investment decision to develop the first phase of the A$10B (US$6.4B) Surat Gas Project in Australia's Queensland state. More news on: Royal Dutch Shell plc, Royal Dutch Shell plc, PetroChina Company Limited, Energy stocks news, ...
Recently, massive sell-off has been happening at the global scale, because of the global virus outbreak and the oil price plunge. We always a firm believer that the oil price will bounce back eventually. In the U.S, we think two oil giants are good picks during this time, including Occidental...
Introduction Oil stocks had been hit worse than most due to a double whammy of the Coronavirus pandemic and an oil price collapse due to the Saudis and Russians ramping up production. With the crash in the oil price it would seem the oil majors are a safer bet than small independents or oil ...
Source: Traffic is almost back to normal in Beijing, March 24 Investment Thesis We have stated the facts in our previous articles that the epidemic situation in China is largely under control . More importantly, the economic activities have started to resume accordingly, and are expecte...
PetroChina ( PTR +0.1% ) says the coronavirus and weak crude oil prices may weigh heavily on 2020 financial results , after last year's profits dropped 14% Y/Y, largely due to weakness in its refinery and chemicals segment. More news on: PetroChina Company Limited, Energy stocks news,...
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BEIJING, CHINA / ACCESSWIRE / October 27, 2022 / PetroChina Company Limited ("PetroChina" or the "Company", HKSE: 00857; SSE: 601857) announced that in the first three quarters of 2022, despite complex and severe external environment, the Company overcame the challenges arising from lower cr...
BEIJING, CHINA / ACCESSWIRE / August 25, 2022 / PetroChina Company Limited ["PetroChina" or the "Company", (SEHK:0857)(NYSE:PTR)(SSE:601857)] announced that the Company delivered record first half operating performance in 1H2022, underpinned by solid progress in production and operation, sus...