PetroChina reported a 21.6% year-on-year increase in third-quarter net profit to 51.84 billion yuan, driven by higher oil and gas prices. Revenue grew 7% while ethylene output surged 26.4% during the
Chinese refiners suspended oil product exports beyond Hong Kong and Macau until further notice following the Golden Week holiday. PetroChina cancelled most planned gasoline and jet fuel shipments for
PetroChina posted a 22% rise in first-half profit to 103.9 billion yuan amid soaring oil prices averaging $87 per barrel. While upstream revenue surged, refining margins were constrained by government
PetroChina forecasts China's oil consumption will drop 4.9% to 753 million tons in 2026 amid an energy pivot. Conversely, refining capacity and demand for new materials like POE and carbon fibre are e
PetroChina reported record quarterly net income of 48.33 billion yuan driven by elevated global oil and gas prices amid Middle East conflict. The results highlight improved profitability in its chemic
PetroChina plans to shift its strategic focus toward energy-chemicals in its 15th Five-Year Plan, aiming to increase output of high-end polyolefins and electronic-grade chemicals.
ChemBrief