PetroChina Company Limited (0857.HK)
- Bloomberg
PetroChina to Build Up Its LNG Fleet and Expand Global Trade
(Bloomberg) -- China National Petroleum Corp., the country’s biggest natural gas supplier, will expand its fleet of ships that carry the fuel as it looks to enhance its role as a global gas trader.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsChinese Cement Maker Halted After 99% Crash in 15 MinutesBond Trader Places Record Futures Bet on Eve of Inflation DataApple’s India iPhone Output Hits $14 Billion in China ShiftUS Core CPI Tops Forecasts Again, Lik
- Reuters
China's oil majors face uphill climb to adapt to EV future
Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by Sinopec in December 2023 offers a glimpse of China's post-gasoline future. EV sales in the world's largest auto market are expected to account for 40% of the 23 million cars sold this year. China's gasoline demand is predicted to peak by 2025 and could halve by 2045, making a strategic shift an imperative for its biggest oil refiners and marketers, Sinopec and PetroChina.
- Zacks
ExxonMobil (XOM) Hands Over West Qurna 1 Oilfield to PetroChina
ExxonMobil (XOM) formally exits West Qurna 1 oilfield, handing over operations to PetroChina to shape the future of Iraq's oil industry.
