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International News

PetroChina in first European LNG bunkering op

February 25, 2025 Mariel Alumit

According to a statement by PetroChina International, the 6000-cbm LNG bunkering vessel, Optimus, which is on charter by Dutch LNG supplier Titan, recently sailed from the Gate LNG terminal in Rotterdam to UK’s Portsmouth port to […]

EMA
LNG

Singapore’s EMA, PetroChina ink LNG pact

November 8, 2024 Andy Del Prado

EMA signed the memorandum with PetroChina International in Shanghai on Thursday. According to EMA, the collaboration will help strengthen Singapore’s expertise and knowledge of LNG supply and management. This is part of Singapore’s continued efforts […]

Oil Demand
Crude Oil News

Sinopec, PetroChina Hit Hard by China’s Slowing Oil Demand

October 30, 2024 Mariel Alumit

China’s two largest refiners, Sinopec and PetroChina, have reported steep declines in refining output as domestic oil demand weakened further in the third quarter. Lower refining and chemicals demand contributed to a sharp drop in […]

PetroChina
Earnings

PetroChina Sees 3.9 Percent Increase in H1 Profit despite Weaker Demand

August 28, 2024 Mariel Alumit

PetroChina Co. Ltd.’s net income for the first half (H1) of 2024 rose 3.9 percent year-on-year to RMB 88.61 billion ($12.4 billion) as operating results broke company records for the period for the third consecutive […]

PetroVietnam Gas
Exports

PetroChina delivers LNG cargo to PetroVietnam Gas

June 13, 2024 Mariel Alumit

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from PetroChina International at its Thi Vai LNG import terminal. This is the second LNG cargo PetroVietnam received from PetroChina. The […]

PetroChina
Big Oil Companies

PetroChina Aims to Power All Its Output With Clean Energy by 2033

March 27, 2024 Mariel Alumit

Chinese state oil and gas giant PetroChina plans to power all its drilling and refining activities with clean power by 2033 and to install massive renewable energy capacity this year. The Chinese firm is pledging […]

PetroChina's Guangdong Petrochemical
Crude Oil News

PetroChina’s Guangdong Petrochemical to receive first Venezuelan crude cargo around March 23

March 21, 2024 Mariel Alumit

PetroChina’s Guangdong Petrochemical in southern Guangdong province will receive a Venezuelan Merey crude cargo around March 23, a source with close knowledge of the matter said March 21. The shipment will be the first Venezuelan […]

China
Crude Oil News

China’s 2022 gas demand growth may be the lowest on record, says PetroChina executive

November 9, 2022 Mariel Alumit

State-owned oil and gas giant PetroChina forecasts that China’s natural gas demand growth in 2022 may be the lowest annual rate on record — and possibly even negative — as high LNG prices, sluggish economic […]

Crude Oil News

PetroChina makes $3bn profit, plans higher crude runs

March 25, 2021 Stu Turley

Beijing, 25 March (Argus) — Profit at China’s biggest energy firm state-controlled PetroChina fell by 58pc to 19bn yuan ($2.94bn) last year, a result the company described as “better than expected” given the impact of […]

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