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Petrobras ([[PBR]] +0.9%) confirms the presence of high quality oil after drilling a new well at the Buzios field, Brazil's second-most productive oilfield, in the Santos Basin.The company says the results of the deepwater well 9-BUZ-48D-RJS confirm even greater potential for Buzios, which cu...
PetroChina ([[PTR]] -2.1%) reportedly has struck a large natural gas discovery in northwest China's Xinjiang region, with an initial estimated reserve topping 100B cm.PetroChina tapped 610K cm/day of gas flow and 106.3cm of crude oil at exploration well Hu-1 at the southern rim of the Junggar...
The U.S. House of Representatives today passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with U.S. auditing rules, a measure Pres. Trump is expected to sign.The bill, which passed the House by unanimous voice vote after passing the Senate unanimously...
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. Mass vaccinationThe U.K. has become the first country in the world to approve the coronavirus vaccine from Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX), wh...
As the market continues its volatility into year end, investors may want to consider dividend stocks due to their stable income. In addition to U.S. based companies, there are a few quality China based dividend stocks including China Mobile Limited (CHL), PetroChina Company Limited (PTR), and...
PetroChina recently sold certain of its oil & gas pipelines and other mid-stream assets to the national pipeline company, and I have a mixed view on PetroChina's pipeline asset spin-off. It is noteworthy that PetroChina has reversed from losses in 2Q 2020 to positive earnings...
Royal Dutch Shell (RDS.A) +3.4% pre-market following a Bloomberg report that it acquired full control of one of its gas station joint ventures in China.Shell has agreed to pay ~1B yuan ($149M) for 51% of the in Chongqing Doyen Shell Petroleum and Chemical joint venture it did not already own,...
Image source: The Motley Fool. PetroChina Company Limited (NYSE: PTR) Q3 2020 Earnings Call Oct 30, 2020 , 10:00 a.m. ET Operator Continue reading For further details see: PetroChina Company Limited (PTR) Q3 2020 Earnings Call Transcript ...
CEO is still trading near the bottom of its 52 week range, trading at a discount to book value. CEO's dividend yield has been high for years, and trending upward. CEO's new projects are leading to a growth in net production. For further details see: CNOOC Is Trading At A...
PetroChina's (PTR) shares ticks 2% higher in premarket on light volume, after it reported a surge of ~350% in Q3 net profit to 40.05B yuan versus 8.86B a year earlier and a loss of 13.75B in Q2 when drastically low oil prices hammered its revenue.Crude oil production for 9M ros...
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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...