PetroChina, Indian Oil fail to secure tankers to load Iraqi crude, sources say
PetroChina and Indian Oil Corp failed to secure very large crude carriers to lift Iraqi Basrah crude in late June, company and shipping sources said on Thursday, while another Chinese major Sinochem is on the hunt for a tanker.
Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina
Woodside Energy said on Friday it had exercised its pre-emptive right to acquire a 10.67% stake in the Browse Joint Venture from PetroChina International Investment (Australia), blocking a deal previously agreed with Japan's INPEX.
Petro Matad expects PetroChina greenlight 'shortly'
Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) told investors that the approval of its 2026 Oil Sales Agreement with PetroChina is expected shortly, potentially unlocking sales of around 35,000 barrels of Block XX crude accumulated so far this year. The AIM-quoted Mongolia-focused oil company said outstanding issues around the 2025 agreement had been resolved and payments made, while the wording of the 2026 contract had been aligned with Mongolian petroleum and tax legislation.
Deep under China's coal basins, PetroChina is unlocking gas from rocks
Thousands of metres below its vast coal basins, China is tapping an unconventional fuel source in a multi-billion-dollar effort to unleash new supplies of natural gas and further Beijing's goal for energy independence.
PetroChina: Positive On FY2025 Beat And Potential Catalysts
I initiate PetroChina with a 'Buy' rating after assessing its full-year performance and identifying relevant catalysts. PCCYF's FY2025 bottom line was 2% above the consensus forecast, thanks to good cost management and a more optimal refining product mix. Key re-rating catalysts include higher oil prices and a faster pace of operating profit expansion for the Natural Gas Sales segment.
PetroChina plugs Singapore plant's shortfall with crude from China storage, trackers say
PetroChina has supplied a rare cargo of close to 2 million barrels of crude oil from storage in China to its half-owned refinery in Singapore, as the firm moves to plug shortfalls triggered by the Iran war, according to tanker trackers and three trade sources.
PetroChina's 2025 net profit falls 4.5% on lower oil prices
PetroChina , , Asia's largest oil and gas producer, on Sunday said 2025 annual net profit dropped 4.5% from a record in 2024, as lower oil prices weighed on earnings.
Petro Mata shares up as it banks PetroChina payment
Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) shares jumped 18% in Wednesday's early deals, rising to 1.21p, after the small cap told investors that PetroChina has paid US$1.03 million of revenue that was withheld against the company's 2025 production invoices, clearing a key uncertainty as the parties work to update their sales arrangements for 2026. The AIM-quoted Mongolia-focused oil producer said discussions with PetroChina on the Oil Sales Agreement have now been completed.
PetroChina, PipeChina set up two gas storage companies in China
PetroChina , and state-owned China Oil and Gas Pipeline Network Corp. (PipeChina) established two gas storage companies this week in China, the Tianyancha company information database showed.
PetroChina's Yunnan petrochemical unit overhaul to shut plant for two months
China oil major PetroChina will shut its entire Yunnan petrochemical plant for maintenance from November 15, 2025, to January 15, 2026, the company said in a statement on Monday.
PetroChina's third-quarter net profit down 3.9% year-on-year
Asia's largest oil and gas producer PetroChina Co Ltd reported on Thursday a 3.9% year-on-year decline in third-quarter net profit due to lower oil prices as it maintained steady crude production and expanded natural gas output.
PetroChina to buy natural gas facilities from controlling shareholder in $5.59 billion deal
Chinese state-owned oil and gas company PetroChina said on Tuesday it had agreed with its controlling shareholder to take over three natural gas storage facilities, in a deal worth 40.02 billion Chinese yuan ($5.59 billion).
