PetroChina Company News

Private investors with the money and technology to unlock China's vast pools of shale and coal seam gas will need strong stomachs to brave the unpredictable, unsupported and unregulated sector.

The rapid adoption of hydraulic fracturing and advanced drilling techniques has allowed exploration and production firms the ability to exploit North America's vast shale formations in their search for new sources of supply.

PetroChina Co Ltd will focus on storage and refining assets in the Americas this year, as part of its plan to establish three overseas operation centers to facilitate trade, said Chairman Jiang Jiemin on Wednesday.

Chinese newspapers available in Beijing and Shanghai carried the following stories on Thursday.

China will import 23 to 25 billion cubic metres of gas from central Asia this year, the chairman of top Chinese oil and gas producer PetroChina said on Wednesday.

It's crazy to think that in just the last three years, China has become the world's second largest economy, the world's largest energy consumer, and the world's second largest oil consumer.

PetroChina Company Limited - SWOT Analysis company profile is the essential source for top-level company data and information.

Workers from PetroChina carry out exploration and construction work at an altitude of 3,000 meters in Kuqa county, Xinjiang Uygur autonomous region in May.

Finally, good news for French oil major Total , and the North Sea, as operations begins to kill the company's Elgin natural gas well that has leaked since March 25.

Shares of Petrochina opened at 133.35 on Wednesday. Petrochina has a one year low of $111.29 and a one year high of $153.35. The company has a market cap of $248.6 billion and a P/E ratio of 11.40. A number of other firms have also recently commented on PTR.

Support for the genocide-free investing proposal on this year's proxy ballot at JPMorgan Chase increased from last year, according to the preliminary results announced at the company's annual shareholder meeting today.

CLP's group chief executive, Andrew Brandler, has called on the incoming administration of Leung Chun-ying to be more transparent over energy policy than its predecessor has been.

SHELL CANADA this morning has announced a partnership with three Asian companies to build a large liquefied natural gas plant at Kitimat.

In trading on Tuesday, shares of PetroChina Co Ltd crossed above their 200 day moving average of $133.97, changing hands as high as $134.58 per share.

A multi-billion Australian gas-export joint venture between Royal Dutch Shell PLC and PetroChina Co.

China Petroleum & Chemical Corp. and PetroChina Co., the nation's biggest oil refiners, face more losses from processing crude after the government cut fuel prices for the first time since October.

PetroChina Co Ltd is in talks to buy Valero Energy's shuttered refinery in Aruba, sources said, the latest move by China's oil giants to take advantage of a global refining downturn to beef up supply.

More headaches for Chesapeake Energy , as an investor lawsuit accuses the company of understating the cost of personal jet travel provided to top executives and directors by as much as $10 million per year.

China's big state companies, confident on the outlook for domestic natural gas reforms, are buying up local distributors and raising fresh capital - and making gas the hottest prospect for energy investment in the world's top energy consumer.

PetroChina Co Ltd is in talks to buy Valero Energy's shuttered 235,000 barrel-per-day refinery in Aruba and operate it as a refinery, according to sources familiar with the negotiations.