Petrochina Ord Shs H PCCYF

Energy Oil & Gas Integrated

PetroChina Company Limited is a China-based company principally engaged in the production and distribution of oil and gas. The Company mainly operates through four business segments. The Exploration and Production segment is principally engaged in the exploration, development, production and sales of crude oil and natural gas. The Refining and Chemical Products segment is principally engaged in the refining of crude oil and petroleum products, as well as the production and sales of basic petrochemical products, derivative petrochemical products and other chemical products. The Sales segment is principally engaged in the sales of refined petroleum products. The Natural Gas and Pipeline segment is engaged in the transportation and sales of natural gas, crude oil and refined petroleum products.

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Petrochina Ord Shs H

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Post by derrickanithaon Nov 26, 2015 8:43am

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Post# 24327359

PetroChina in $550 Million Assets Sale

PetroChina, through its branch companies Xinjiang Oil Field Company, Southwest Oil & Gas Field Company, Huabei Oil Field Company, Dagang Oil Field Company, Liaohe Oil Field Company and Changqing Oil Field Company, has entered into Assets Transfer Agreements with state-owned enterprises wholly owned by CNPC, comprising Xinjiang Uygur Autonomous Region Petroleum Administration, Sichuan Petroleum Administration, Huabei Petroleum Administration, Liaohe Petroleum Exploration Bureau and Changqing Petroleum Exploration Bureau, and Dagang Oil Field (Group) Co Ltd (state-owned company, wholly-owned by CNPC), for the transfer of certain assets in China for a total consideration of CNY 3.51 billion (US$550 million)...

For more: https://www.1derrick.com/petrochina-in-550-million-assets-sale/17001/

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