Oil and Gas
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PetroChina Co. Ltd. engages in the petroleum related products, services and activities. Read More It operates through the following business segments: Exploration and Production; Refining and Chemicals; Marketing; Natural Gas and Pipeline; and Head Office and Other. The Exploration and Production segment involves exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment focuses on the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment includes marketing of refined products and the trading business. The Natural Gas and Pipeline segment comprises transmission of natural gas, crude oil, and refined products and the sale of natural gas. The Head Office and Other segment relates to cash management and financing activities, the corporate center, research and development, and other business services supporting the operating business segments of the Group. The company was founded on November 5, 1999 and is headquartered in Beijing, China.
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Seeking AlphaMar 18
PetroChina Is Worth Studying
Ten years after PetroChina peaked on its first day of trading in Shanghai, the state-owned energy producer has lost about US$800 billion in market capitalization.
Yahoo FinanceMar 14
Saudi Aramco shifts strategy in China to boost oil sales
FILE PHOTO: An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.REUTERS/Ahmed Jadallah/File Photo By Rania El Gamal, Chen Aizhu and Min Zhang DUBAI/SINGAPORE/BEIJING (Reuters) - Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business. It reflects a new strategy for the Saudi Arabian oil giant after years of dealing alm...
UPDATE 1-China's state oil refiners plan overhauls, mainly in Q1, Q2 - sources
(Adds details, calculation of impact of outages) BEIJING/SINGAPORE, March 11 (Reuters) - At least six Chinese state-owned refiners will shutter some crude oil refining capacity for planned maintenance this year, according to people with knowledge of the matter. At least one Sinopec refinery and another three owned by PetroChina will launch a full plant overhaul, sources at the plants told Reuters. Two others will only close part of their crude oil distillation capacity for repairs. With each shutdown est...
$0.23 per share
Available Mar 21, Pre-Market