PetroChina Company News

According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows.

Petromin Resources Ltd. has extended the expiration date of warrants issued in respect of a private placement, which closed on June 18, 2012, by two years.

China boasts the world's largest cash reserves, $3.3 trillion as of 2012, and growing, so it's ironic that the country's national oil companies are racking up billions in debt to fund overseas mergers and acquisitions .

A recent horizontal drilling campaign in western China has broken drilling performance records while using the industry's first high build rate, rotary steerable system with custom integrated bits to target very thin, ultra-deep oil reservoirs DENG XIANG BAI, YONG SHENG, YI ZHU, QIANG LI, and QI WANG, PetroChina Tarim Oilfield Company; PHAN VAN ... (more)

's stock had its "neutral" rating reiterated by Zacks in a research note issued to investors on Thursday, StockRatingsNetwork reports.

On Jun 8, 2013, Zacks Investment Research upgraded Chinese energy giant, PetroChina Co.

GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows.

BHP Billiton has completed the sale of its 8.33 per cent interest in the East Browse Joint Venture and 20 per cent interest in the West Browse Joint Venture, located offshore Western Australia, to PetroChina International Investment Pty Ltd for US$1.63 billion plus customary purchase price adjustments as announced on 12 December 2012.

BHP Billiton just finalised the sale of its interest in the $45 billion Browse liquefied natural gas project in Western Woodside announced two months ago that it would shelve the project at James Price Point near Broome because the project would not deliver the anticipated commercial returns.

Global energy companies are going to be big spenders this year, with PetroChina seen outspending Exxon Mobil Corp., analysts at Barclays said in a note to clients Tuesday.

A major increase in planned activity in the Middle East and other parts of Asia will drive a 10% rise in global energy exploration and production spending to a record high $678B this year, according to a Barclays survey which also foresees PetroChina as the largest spender on E&P in the world in 2013, overtaking Exxon Mobil for the first time.

The prices of PetroChina Co. Ltd. shares have declined to close to the 52-week low of $115.68, which is 21.1% off the 52-week high of $146.68. PetroChina Co.

PetroChina Co. , the nation's biggest oil producer, led a monthly slump in state-owned companies traded in New York .

BEIJING Officials in a southwest Chinese city have decided to make an environmental assessment of a planned refinery public following protests by residents over pollution fears, state media reported Sunday.

These are some of the leading stories in Hong Kong newspapers on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

PetroChina Co. , the world's second biggest publicly traded oil company, is set to sell minority stakes in oil and gas fields as well as gas pipeline projects in western China to raise cash for overseas acquisitions, said a person familiar with the plans.

Those looking for the start of China's long-awaited gas price reforms may have missed it - rather than follow a nationwide approach, the government has allowed a few cities to take the lead in raising prices closer to market rates.

According to the GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows.

PetroChina Company Limited is an integrated oil and gas company. It is a subsidiary of China National Petroleum Corporation.

The Beijing-based company will also seek to work with Eni SpA and Chevron Corp. as its makes expansion abroad a priority, Chairman Zhou Jiping told reporters today in Beijing.