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China National Petroleum Corp. ( PTR -2.9% ) is in advanced talks with BP ( BP -3.7% ) to acquire a 10% stake in Oman's Khazzan natural gas field, which could fetch ~$1.5B, Bloomberg reports. More news on: PetroChina Company Limited, BP PLC, Energy stocks news, Read more...
PetroChina ( PTR +4.4% ) says it will sell its major oil and gas pipelines and storage facilities to newly PipeChina for 268.7B yuan ($38.3B). More news on: PetroChina Company Limited, China Petroleum & Chemical Corporation, Energy stocks news, Stocks on the move, Read more ....
Bank of America upgrades PetroChina ( PTR +2.8% ) to a Buy rating on its view the company could see better-than-anticipated pipeline valuation and cash for asset sales. More news on: PetroChina Company Limited, Consumer stocks news, Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . In a major case surrounding data privacy, Europe's top court has invalidated the "Privacy Shield," an EU-U.S. framework used to tr...
The Oil and Gas Climate Initiative, a group of the world's top oil companies that aims to accelerate the industry response to climate change, have for the first time set targets to cut their combined greenhouse gas emissions as a proportion of production. More news on: BP PLC, Chevron Co...
China Petroleum & Chemical Corporation, better known as Sinopec ( SNP ) is one of the world's biggest oil and gas companies. Like many of its peers, Sinopec has been adversely impacted by falling energy prices in combination with COVID-19. The stock has declined accordingly, but there are ...
China's biggest energy firms have hired Morgan Stanley and Goldman Sachs to serve as advisors for multi-billion dollar deals transferring key oil and gas pipeline assets into a national energy infrastructure giant, Reuters reports. More news on: China Petroleum & Chemical Corporation...
China's two biggest liquefied natural gas buyers, Cnooc ( CEO -1.9% ) and PetroChina ( PTR -2.8% ), have been directed by the country's regulators to share import infrastructure , Bloomberg reports, in one of the government's biggest efforts yet to enforce reform policies aimed at impro...
In my previous article , I wrote about why investors should short (or at the very least be cautious of) bonds, specifically US treasury bonds, provided the underlying risks of inflation. Along the same lines of macro-economic thinking, I want to offer investors another asset class they can in...
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 &...
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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...