Wednesday, March 30, 2016 After chopping spending by almost one-third to cope with a crash in oil prices and billions in writedowns that sent profits to the weakest since last decade, China's energy giants are cutting even deeper.
Friday, January 29, 2016 PetroChina Co., the country's biggest oil and gas producer, expects its 2015 profit to have fallen 60 percent to 70 percent from a year earlier because of the slump in energy prices.
Friday, January 08, 2016 Repair work has been completed on a section of China's West-East natural gas pipeline which was destroyed by a landslide in late December in the southern city of Shenzhen, the official Xinhua news agency says.
Monday, December 21, 2015 PetroChina plans to lay a temporary natural gas pipeline in the southern Chinese city of Shenzhen to replace a line that exploded near the site of a deadly mudslide, the company said Monday.
Thursday, November 26, 2015 PetroChina rises to a two-week high after announcing plans to sell pipeline stakes for as much as $2.4 billion as the nationís biggest oil and gas producer seeks to meet year-end profit targets amid a drive to reform state-own enterprises.
Wednesday, November 25, 2015 China's biggest energy companies are seeking to unload assets and urging workers to cut costs in a last-minute rush to meet annual government-set growth targets as lower crude prices drag down earnings.