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PetroChina Company News

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

Friday Jul 18 | Seeking Alpha

Chinese probe into PetroChina's Canadian operations deepens

A corruption probe in China reaches deeper into PetroChina's operations in Canada's oil industry, as a fourth high-ranking company official involved in oil sands deals is now believed to be under investigation.

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Related Topix: Oil & Gas, Canada,

Thu Jul 17, 2014

South China Morning Post

Energy executives 'held over oil deals in Canada'

Two executives involved in the Canadian operations of China National Petroleum Corporation have been reportedly detained by the Chinese authorities.

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

Wed Jul 16, 2014

Seeking Alpha

China's CNPC said to seek creation of single gas company

China National Petroleum may combine units to create a single natural gas company to compete with private rivals, ahead of an inflow of Russian fuel at the end of the decade, Bloomberg reports.

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Related Topix: Oil & Gas

Bloomberg

Athabasca Falls on Chinese Report of Executive Probes

Athabasca Oil Corp. , the Canadian company awaiting a C$1.32 payment from PetroChina Co., fell the most in more than eight months after a Chinese newspaper reported that an executive tied to the companies' partnership is being probed.

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

Tue Jul 15, 2014

Canada.com

Athabasca Oil Corp.'s cash windfall may arrive soon

Athabasca Oil Corp.'s wait for a $1.32-billion cash windfall from PetroChina Co.

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Related Topix: Oil & Gas, Canada,

Mon Jul 14, 2014

China Digital Times

Case Against Zhou Yongkang May Be Revealed Soon

Chinese authorities have begun criminal investigations into three former high-ranking officials over corruption allegations, state media said on Monday, two of whom were allies of powerful, retired domestic security chief Zhou Yongkang.

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

AmericanBankingNews.com

PetroChina Company Limited Sets New 52-Week High at $129.63

PetroChina Company Limited 's share price reached a new 52-week high on Monday , AR Network reports.

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Related Topix: Oil & Gas

Sat Jul 12, 2014

The Washington Post

CNPC Sees PetroChina Closing $1.23 Billion Dover Purchase Soon

PetroChina Co. is committed to completing its C$1.32 billion purchase of the stake it doesn't own in the Dover oil-sands project in Canada soon, according to the Beijing-based company's parent.

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Related Topix: Oil & Gas, Canada, Science / Technology

Bloomberg

CNPC Sees PetroChina Closing $1.23 Billion Dover Purchase Soon

PetroChina Co. is committed to completing its C$1.32 billion purchase of the stake it doesn't own in the Dover oil-sands project in Canada soon, according to the Beijing-based company's parent.

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Related Topix: Oil & Gas, Canada,

Fri Jul 11, 2014

Bloomberg

Athabasca Falls as $1.23 Billion Funds Seen Delayed

Athabasca Oil Corp. , the oil-sands developer in a partnership with PetroChina Co.

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Related Topix: Oil & Gas, Canada,

Wed Jul 09, 2014

Seeking Alpha

Report: Sinopec may back away from Northern Lights oil sands lease

Sinopec reportedly may shelve development of its Northern Lights oil sands lease in Alberta or sell the property entirely, as Chinese companies begin to rethink future investment prospects in Canada.

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Related Topix: Energy, Oil & Gas, Cnooc

Mon Jul 07, 2014

Reuters

China pushes for speedy political solution in Iraq

China hopes that Iraq can form a new inclusive government as soon as possible and will support efforts by Baghdad to protect its sovereignty, state media cited China's special envoy to the Middle East as saying on a visit to a key energy supplier.

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

Thu Jul 03, 2014

Barron's

Deutsche Raises Oil Price Forecast, PetroChina TP

Deutsche Bank raised its price target for PetroChina from 9.72 Hong Kong dollars to 11.1 Hong Kong dollars on the back of the bank's higher oil price forecast.

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Related Topix: Banking, Deutsche Bank AG, Financial Services, Oil & Gas

Tue Jul 01, 2014

AmericanBankingNews.com

PetroChina Company Limited Reaches New 52-Week High at $126.98

PetroChina Company Limited shares hit a new 52-week high during trading on Tuesday , Analyst Ratings Network reports.

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Related Topix: Oil & Gas

Fri Jun 27, 2014

Seeking Alpha

Can Natural Gas Development Drive PetroChina Further?

PetroChina is facing rising production costs and a government that is heavily involved at all levels of the business, including determining the prices it can charge.

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Related Topix: Oil & Gas, Energy, Cnooc, ExxonMobil Chemical, Exxon Mobil, Chemicals, Marketing

Thu Jun 26, 2014

Asia News Network

BEIJING: 50 trapped Chinese flown to Baghdad by helicopter

More than 50 Chinese nationals trapped in conflict-torn northern Iraq arrived in Baghdad by helicopter on Wednesday night.

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Related Topix: Iraq, World News, Iraq Travel, Middle East Travel, Travel, Asia Travel, Beijing, China Travel, China Travel, Oil & Gas, Wireless, Emerging Technology,

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