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    Home > Organic Chemistry Topics > Organic Chemistry Project > PetroChina plans to go public in oilfield business

    PetroChina plans to go public in oilfield business

    • Last Update: 2022-02-23
    • Source: Internet
    • Author: User
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    It is reported that PetroChina is considering listing its oilfield business through its subsidiary Daqing Huake, but the listing timetable has not yet been determined
    .
    Qin Wenping, an analyst in the petroleum industry, believes that PetroChina will be one of the first companies in China's state-owned enterprise reform pilot program, and PetroChina may become a strategic holding company
    .
    In addition, in recent years, PetroChina has suffered relatively large losses in oilfield mining, and it can reduce losses and increase efficiency through listing
    .
    In the first half of 2016, due to the decline in the prices of oil and gas products such as crude oil and natural gas, PetroChina's performance in the first half of 2016 was not satisfactory.
    The turnover of the exploration and production segment was 182.
    48 billion yuan, a year-on-year decrease of 25.
    8%
    .
    The exploration and production segment has an operating loss of 2.
    419 billion yuan, compared with a profit of 32.
    917 billion yuan in the same period last year
    .
    CNPC's oilfield business is not doing well, and Daqing Huake's operating conditions are unsatisfactory
    .
    In 2015, Daqing Huake made a loss of 16.
    63 million yuan, and realized a turnaround in the first half of 2016 with a profit of 9.
    68 million yuan
    .
    According to industry insiders, under this premise, the listing of PetroChina's oilfield business indicates that PetroChina's reform is accelerating
    .
    In May 2016, *ST Tianli issued an announcement stating that PetroChina intends to list its engineering construction assets through *ST Tianli; *ST Jichai, which has been suspended from trading on April 20, has also successfully injected it after 5 months of planning.
    The financial assets of PetroChina
    .
    Since then, only the pipeline business and oilfields of PetroChina have not been listed
    .
    However, the pipeline asset reform has also begun to loosen recently
    .
    On September 7, the Energy Administration issued a notice requiring PetroChina, Sinopec, CNOOC and their affiliated oil and gas pipeline network facilities operating companies to do a good job in the opening of related information on oil and gas pipeline network facilities
    .
    Industry experts believe that this measure is to prepare for the further system reform of the "three barrels of oil" and the future approval of pipeline transmission costs
    .
    In order to realize the opening of the pipeline network facilities and provide the same advantageous services to companies other than the "three barrels of oil", the pipeline transportation field of the petroleum industry may become independent in the future
    .
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