PetroChina posted its best-ever first-half profit as the country’s biggest oil and gas driller benefited from rising global energy prices. The company reported 82.39 billion yuan ($12 billion) in net profit for the first half of the year, up 55 percent from the same period in 2021, while revenue rose 35 percent to 1.61 trillion […]
Tag: PetroChina
PetroChina: Expects fuel demand to increase in China in 2022
Fuel demand in China is expected to move higher in 2022 despite the recent rise in coronavirus cases, with the economy projected to grow at a reasonable pace, a senior PetroChina official said. The comment came amid severe restrictions on mobility since early March in Chinese areas such as Shanghai, which closed industrial plants and […]