News: PetroChina Co Ltd (PTR.N)

PTR.N on New York Stock Exchange

98.39USD
31 Jul 2015
Change (% chg)

$-1.72 (-1.72%)
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$100.11
Open
$99.63
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$99.80
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$98.18
Volume
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$150.75
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Wed, Jul 15 2015

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China oil demand rises in June, car sales slump may cap growth

BEIJING - China's implied oil demand grew 3.5 percent in June, as rising air travel and vehicle usage boosted fuel consumption, but a drop in passenger car sales amid a recent stock market rout could limit demand growth over the next few months.

CNOOC's new output to lift China's oil production from 2014 record

BEIJING, July 3 - China's crude oil output looks set to rise this year from a record in 2014 as new production from third largest producer CNOOC helps to counter reductions from its two bigger rivals.

Low oil price hits $200 billion in mega-projects

(This June 16 story corrects to say Shell, PetroChina are shareholders, not operators of Arrow LNG, in tenth paragraph)

Former PetroChina vice chairman to be prosecuted for graft

BEIJING - Former PetroChina Vice Chairman Liao Yongyuan has been expelled from the Communist Party and will be prosecuted for crimes including bribery, the party said on Monday, the latest official caught up in a sweeping corruption crackdown.

UPDATE 2-Former PetroChina vice chairman to be prosecuted for graft

BEIJING, June 15 - Former PetroChina Vice Chairman Liao Yongyuan has been expelled from the Communist Party and will be prosecuted for crimes including bribery, the party said on Monday, the latest official caught up in a sweeping corruption crackdown.

Former PetroChina vice chairman to be prosecuted for graft

BEIJING, June 15 - Former PetroChina Vice Chairman Liao Yongyuan has been expelled from the Communist Party and will be prosecuted for crimes including bribery, the party's graft watchdog said on Monday.

Hong Kong shares end flat, oil giants slump

April 28 - Hong Kong stocks ended flat on Tuesday as strength in financial shares was offset by a slump in oil giants PetroChina and Sinopec Corp.

UPDATE 1-PetroChina first-quarter profit dives 82 percent

HONG KONG, April 27 - PetroChina, China's biggest oil and gas producer, reported a sharper-than-expected 82 percent fall in first-quarter profit, due to lower international crude prices and inventory writedowns at its refining division.

UPDATE 2-China plans mergers to cut number of big state firms to 40 - state media

BEIJING, April 27 - China will likely cut the number of its central government-owned conglomerates to 40 through a series of mergers, as Beijing pushes forward a plan to overhaul the country's underperforming state sector, state media reported on Monday.

Sinopec, PetroChina dismiss media reports about merger

HONG KONG, April 27 - Sinopec Corp and PetroChina on Monday dismissed media reports their parents would merge to create a state giant, saying they have never received any official information about such a restructuring.

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