PetroChina Co Ltd (0857.HK)
17 Aug 2018
Exclusive: China's Sinochem to transfer WEPEC refinery stake to PetroChina, seeks trader role -sources
BEIJING Chinese state-run oil and chemicals group Sinochem is in advanced talks to transfer its 33.6 percent stake in a debt-laden refinery to state giant PetroChina, part of Sinochem's plan to shed non-core assets ahead of a $2 billion listing of its energy arm, people briefed on the matter said.
BEIJING PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG) under short- and long-term agreements, three sources with knowledge of the talks said on Wednesday.
SINGAPORE/BEIJING China's Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between Washington and Beijing, three sources familiar with the situation said on Friday. | Video
* Unipec had earlier said would take 300,000 bpd this year (Adds details)
BEIJING China's largest oil and gas producer PetroChina expects its profits to more than double in the first half of this year, the latest state oil major to benefit from the revival in crude oil prices.
BEIJING PetroChina's Daqing gas sales unit has been fined 84.06 million yuan ($12.35 million) for anti-trust violations over the sale of compressed natural gas, China's market regulator said on Friday.
July 20 The ExxonMobil-operated Papua New Guinea gas project has agreed a deal to supply liquified natural gas (LNG) to PetroChina Co Ltd, Australia's Oil Search Ltd, a partner in the project, said on Friday.
July 20 Australia's Oil Search Ltd said on Friday that the partners in the Papua New Guinea gas project have agreed a deal to supply liquified natural gas (LNG) to PetroChina Co Ltd.
LONDON The trading arm of Japan's JERA, the world's biggest buyer of liquefied natural gas (LNG), has hired Sarah Behbehani, the former head of short-term LNG trading at Royal Dutch Shell, two LNG industry sources said.
China's fracking support industry has grown rapidly over the past decade and now makes everything from fracking trucks and pumps to proppants, while local service providers are learning to match global rivals like Schlumberger and Baker Hughes.