PetroChina First-Half Profit Jumps 22% to Record High
PetroChina’s marketing business generated RMB11.36 billion in operating profit and its natural gas marketing business earned RMB24.09 billion, as lower-carbon operations continued to expand. For the second half, the company said it will prioritize profitability while investing in oil and gas resources, new energy, new materials, and environmental businesses.
Coverage (4)
- PetroChina’s first-half profit jumps 22% as higher oil prices offset Iran war supply hit (scmp.com)
- PetroChina Profits Point to Nimbler Future Post-Peak Oil Demand (energyconnects.com)
- PetroChina First-Half Profit Jumps 22% to Record High (finance.yahoo.com)
- PetroChina Profits Point to Nimbler Future Post-Peak Oil Demand (bloomberg.com)