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PetroChina Company News

News on PetroChina Company (Ticker: PTR) continually updated from thousands of sources around the net.

Friday Aug 29 | Canada.com

$1.23B payment to Athabasca on the way, says PetroChina president

PetroChina says it will soon pay Canadian energy firm Athabasca Oil Corp. more than $1-billion for a 40% stake in the Dover oil sands project.

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Related Topix: Oil & Gas

Thu Aug 28, 2014

Seeking Alpha

Chart Industries Has Deflated On A Slower LNG Buildout

Weak Biomedical sales have hurt Chart's reported results, but it is the slower development of the U.S. LNG market and the erratic pace of the Chinese market that hurts more.

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Related Topix: Industrial Machines, Metals, Oil & Gas, Chart Industries, Clean Energy Fuels

Seeking Alpha

PetroChina says $1.23B payment to Athabasca will be made soon

Athabasca Oil jumps after PetroChina President Wang Dongjin says the long-delayed $1.23B payment for its stake in the Dover oil sands project will be made soon .

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Related Topix: Oil & Gas

Seeking Alpha

Wall Street Breakfast: Telefonica, Telecom Italia In Bidding War For Vivendi's GVT

Economy In a grudging first step towards opening its state-dominated oil sector, China has granted a crude import license to non-state-owned Guanghui Energy.

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Related Topix: China Petroleum and Chemical, Oil & Gas, Telecom, Telecom Italia SPA, Telefonica SA, Vivendi SA, Sinopec Shanghai Petrochemical Company

Bloomberg

PetroChina First-Half Profit Rises 4% on Higher Gas Prices

PetroChina Co. , the nation's biggest oil and gas producer, met forecasts with a 4 percent increase in first-half profit after it sold natural gas at higher prices.

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Related Topix: Oil & Gas, China Petroleum and Chemical

Reuters

UPDATE 2-China private energy firm wins rare crude oil import permit

China's Guanghui Energy has received a crude oil import licence from the government, becoming one of only a few private firms to win the sought-after licence as Beijing slowly loosens its grip on the state-controlled market.

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Related Topix: Oil & Gas

Mon Aug 25, 2014

AmericanBankingNews.com

PetroChina Company Limited Sets New 52-Week High at $142.65

PetroChina Company Limited shares reached a new 52-week high on Monday , AnalystRatings.Net reports.

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Related Topix: Oil & Gas

Sun Aug 24, 2014

PR-inside.com

China Oil and Gas Group Limited (603) - Financial and Strategic SWOT...

The company operates in three segments, namely, sales and division of natural gas and other transmitted products, gas pipeline construction and association and sales of liquefied petroleum gas.

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Related Topix: Oil & Gas

South China Morning Post

Honghua Group unfazed by losses in drilling services

Honghua Group, the mainland's largest exporter of drilling rigs, expects to be able to turn around its loss-making oil and gas drilling services operation next year after a slump in the first half due to order delays amid a corruption probe at PetroChina.

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Related Topix: Oil & Gas, World News, China, Asia, Outsourcing

USA Today

15 biggest employers in the world

Check out this story on USATODAY.com: http://usat.ly/1p58a8Z is the world's largest publicly traded employer, with approximately 2.2 million employees across the globe, a number greater than the population of cities such as Houston, Philadelphia, and Phoenix.

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Related Topix: Retail, Wal Mart Stores, Life, Food, Fast Food, Oil & Gas, Restaurant Management, Mcdonalds, Outsourcing

Sat Aug 23, 2014

Barron's

Buffett's Posco Bet Finally Is Paying Off

Legendary investor Warren Buffett has made only three major bets on Asia. His first, on PetroChina, which he cashed out of six years ago, turned out to be a seven-bagger.

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Related Topix: Warren Buffett, Oil & Gas

Thu Aug 21, 2014

Reuters

COLUMN-China walks tightrope over natural gas prices, supply: Russell

China's natural gas dilemma was neatly illustrated by two recent announcements, the first a price increase and the second the closing of two gas-processing plants.

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Related Topix: Oil & Gas

Wed Aug 20, 2014

Investopedia

What's the most expensive stock of all time?

Back in late August 2012, Apple's stock price reached nearly $700 per share. The stock has since split but has yet to reach the market capitalization of $650 billion it did at its peak in 2012, which happened to make it one of the most expensive stocks of all time.

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Related Topix: Apple, Startups, Oil & Gas

Mon Aug 18, 2014

TheStreet.com

Why PetroChina (PTR) Stock Is Up Today

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Oil & Gas, Mozilla, Financial Markets, Business News

Reuters

PetroChina reviews multi-billion-dollar push to produce LNG used in transport -sources

China's biggest energy firm PetroChina is reviewing its multi-billion-dollar push to produce liquefied natural gas to fuel trucks and ships in place of diesel, shutting two loss-making gas liquefaction plants, sources said.

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Related Topix: Oil & Gas

Sun Aug 17, 2014

The Globe and Mail

China faces buyer's remorse in Canada's oil patch

Early evening shots of Nexen's Long Lake Phase I integrated oil sands facility situated 40 km south east of Fort McMurray, Alberta.

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Related Topix: North America, Canada, World News, Energy, Oil & Gas, Cnooc, China National Petroleum,

Thu Aug 14, 2014

The Globe and Mail

PetroChina probe raises new worries over Dover payment

Employees spray water to cool down oil tanks at a PetroChina oil storage facility in Suijing, Sichuan Province August 13, 2010.

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Related Topix: Oil & Gas, China National Petroleum, Energy, World News, China, Asia, North America, Canada,

Wed Aug 13, 2014

AmericanBankingNews.com

PetroChina Company Limited Hits New 52-Week High at $141.00

Shares of PetroChina Company Limited reached a new 52-week high during mid-day trading on Wednesday , StockRatingsNetwork.com reports.

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Related Topix: Oil & Gas

Investopedia

What's the most expensive stock of all time?

Back in late August 2012, Apple's stock price reached nearly $700 per share. The stock has since split but has yet to reach the market capitalization of $650 billion it did at its peak in 2012, which happened to make it one of the most expensive stocks of all time.

Comment?

Related Topix: Apple, Startups, Oil & Gas

Seeking Alpha

PetroChina asset seeks $800M in Singapore IPO

Singapore-based petroleum storage company Universal Terminal, 35% owned by PetroChina , reportedly is looking to raise 1B Singapore dollars from an IPO in the next year.

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Related Topix: Oil & Gas

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