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People Daily (Free subscription) | yesterday
Currently, the domestic supply of refined oil is at a tight balance. PetroChina has made a series of measures; and in the second quarter will be able to ensure the domestic refined oil supply under the state of this tight balance market, sa ...
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People Daily (Free subscription) | yesterday
Chinese government is considering raising the threshold of windfall tax levy on gains from crude oil, but the timing is not clear, Jiang Jiemin, president of PetroChina Company Ltd. said Thursday. The tax threshold should have been ...
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THE STEEL DEAL (Free subscription) | yesterday
PetroChina, the nation's biggest oil producer, said the government is studying changes to a windfall tax levied on oil companies after international crude prices surged to record levels. "The government said the levy would be reconsidered when oil is above...
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The Earth Times Online Newspaper (Free subscription) | 05/15/2008
BEIJING (Reuters) - PetroChina is reconsidering its plan to build a $5.7 billion refinery and petrochemical complex in Sichuan province after a strong earthquake hit the region this week, a company executive said on Thursday.
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Reuters (Free subscription) | 05/15/2008
BEIJING (Reuters) - PetroChina is reconsidering its plan to build a $5.7 billion refinery and petrochemical complex in Sichuan province after a strong earthquake hit the region this week, a company executive said on Thursday.
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People Daily (Free subscription) | 05/15/2008
The earthquake damaged many of Petrochina installations in the quake region but did not cause fundamental damage to operations, said company president Jiang Jiemin on Thursday. Jiang said production at a natural gas well with a capa ...
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Chemical and Engineering News (Free subscription) | 05/09/2008
Chinese citizens demonstrate against planned petrochemical complex near Chengdu
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Japan Times (Free subscription) | 05/08/2008
Nippon Oil Corp. said Wednesday it agreed to form a refining venture with PetroChina Co., expanding their alliance to capture growing Asian demand. Read more ...
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Globe and Mail (Free subscription) | 05/08/2008
Nippon Oil Corp., Japan's largest refiner, said it agreed to form a refining venture with PetroChina Co., expanding their alliance to capture growing Asian demand. The companies will consider jointly operating Nippon Oil's 115,000 barrel-a-day refinery in Osaka as part of the venture, Nippon Oil president Shinji Nishio told reporters yesterday. The venture, in which the Japanese company will...
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Seeking Alpha (Free subscription) | 05/07/2008
FP Trading Desk submits: Warren Buffett said he bought PetroChina (PTR) after reading the annual report. He concluded it was worth more than $100-billion, and it was selling for approximately $35-billion. He said: I didn't need to know that it was $97-billion or $103-billion. They don't take things out to three decimal points. If someone walked through the door and looked around 303 pounds...
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People Daily (Free subscription) | 05/07/2008
PetroChina, the nation's biggest oil producer, plans to increase its share of the domestic oil refining market to 45 percent by 2020 as demand for fuels and chemicals rises. The State-controlled oil company will more than double annual r ...
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Florida Sun Sentinel (Free subscription) | 05/06/2008
PetroChina Co., the nation's biggest oil producer, said it is in talks with a Venezuelan partner about a plan to build a refinery in China's southern province of Guangdong.
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Seeking Alpha (Free subscription) | 05/01/2008
Interfax-China submits: Shanghai, Hong Kong and New York-listed PetroChina Co. Ltd. (PTR) saw its net profit in the first three months of 2008 decrease 31.5 percent year-on-year to RMB 28.89 billion ($4.13 billion), mainly due to high crude prices, according to its first quarter report released Tuesday. On the same day, CNOOC Ltd (CEO), China's biggest offshore oil producer, released its first...
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People Daily (Free subscription) | 04/30/2008
Chinese shares ended Wednesday, the last trading day of the month, sharply higher, with heavyweights, PetroChina and Sinopec in particular, leading the way. The benchmark Shanghai Composite Index concluded the daily trading at 3,693 ...
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People Daily (Free subscription) | 04/30/2008
PetroChina, the country's largest oil producer, said it has agreed to buy assets from parent China National Petroleum Corporation (CNPC) for 43.8 million yuan. The oil major will buy the assets of Northeast China Inspection and Maintenan ...