Edition:
United Kingdom

PetroChina Co Ltd (0857.HK)

0857.HK on Hong Kong Stock

4.28HKD
17 Jun 2019
Change (% chg)

HK$0.01 (+0.23%)
Prev Close
HK$4.27
Open
HK$4.28
Day's High
HK$4.33
Day's Low
HK$4.26
Volume
58,690,803
Avg. Vol
93,985,309
52-wk High
HK$6.52
52-wk Low
HK$4.19

Latest Key Developments (Source: Significant Developments)

CNOOC China Signs A Petroleum Contract With PetroChina
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Cnooc Ltd <0883.HK>::CNOOC CHINA LIMITED SIGNS A PETROLEUM CONTRACT WITH PETROCHINA.SUBSIDIARY CNOOC CHINA SIGNED A PETROLEUM CONTRACT WITH PETROCHINA FOR BEIBU GULF 23/29 BLOCK AND BEIBU GULF 24/11 BLOCK.PETROCHINA SHALL ACT AS OPERATOR DURING EXPLORATION PERIOD IN CONTRACT AREA AND BEAR 70% OF DIRECT EXPLORATION EXPENDITURES.CNOOC CHINA LIMITED BEARS OTHER 30 PERCENT OF DIRECT EXPLORATION EXPENDITURES.ONCE ENTERING INTO DEVELOPMENT AND PRODUCTION PHASE, TWO PARTIES SHALL SET UP A JOINT OPERATION ORGANIZATION TO ACT AS JOINT OPERATORS.  Full Article

PetroChina Appoints Hou Qijun As President
Thursday, 21 Mar 2019 

March 21 (Reuters) - PetroChina Co Ltd <601857.SS>::RESOLVED TO APPOINT HOU QIJUN AS PRESIDENT.PROPOSED TO ELECT AND APPOINT ZHANG WEI AND JIAO FANGZHENG AS NON-EXECUTIVE DIRECTORS.  Full Article

PetroChina Says FY IFRS Profit Attributable RMB52,591 Mln
Thursday, 21 Mar 2019 

March 21 (Reuters) - PetroChina Co Ltd <601857.SS>::FY IFRS PROFIT ATTRIBUTABLE RMB 52,591 MILLION VERSUS RMB22,798 MILLION.FY CAS PROFIT ATTRIBUTABLE RMB52,585 MILLION VERSUS RMB22,793 MILLION.FY IFRS REVENUE RMB 2.354 TRLN VERSUS RMB2.016 TRLN.IN 2019, GROUP EXPECTS ITS CRUDE OIL OUTPUT TO BE 905.9 MILLION BARRELS AND NATURAL GAS OUTPUT TO BE 3,811.0 BILLION CUBIC FEET.IN 2019, GROUP EXPECTS OIL AND GAS EQUIVALENT TO BE 1,541.2 MILLION BARRELS.IN 2019, GROUP EXPECTS ITS CRUDE OIL PROCESSING OUTPUT TO BE 1,170.4 MILLION BARRELS.IN 2019, GLOBAL ECONOMY IS EXPECTED TO RECOVER SLOWLY WITH ECONOMIC ENVIRONMENT STILL FACING RISKS AND CHALLENGES.SEES 2019 TOTAL CAPITAL EXPENDITURES OF RMB 300,600 MILLION.IN 2019, CHINA'S ECONOMY EXPECTED TO STAY WITHIN A REASONABLE AMBIT.IN 2019, CONSUMPTION DEMAND FOR OIL AND GAS IN CHINA MAINTAINS GROWTH MOMENTUM, CONSUMPTION OF NATURAL GAS WILL STAY ON FAST TRACK.RECOMMENDS FINAL CASH DIVIDEND OF RMB0.09 YUAN PER SHARE FOR 2018.  Full Article

LNG Canada CEO Calitz Says LNG Canada Intends To Continue To Advance Project And Maintain Its Construction Schedule
Friday, 11 Jan 2019 

Jan 10 (Reuters) - :LNG CANADA CEO ANDY CALITZ SAYS LNG CANADA HAS "EVERY INTENTION" TO CONTINUE TO ADVANCE ITS PROJECT AND MAINTAIN ITS CONSTRUCTION SCHEDULE.LNG CANADA CEO CALITZ SAYS "CONSCIOUS" THAT ANY DELAY IN PROJECT CAN ERODE CONFIDENCE IN BC AND CANADA TO DELIVER ENERGY PROJECTS - STATEMENT.LNG CANADA CEO ANDY CALITZ SAYS RECOGNIZE IT MAY NOT BE POSSIBLE TO GET UNANIMOUS SUPPORT FOR A MAJOR INFRASTRUCTURE PROJECT IN BC - STATEMENT.LNG CANADA CEO CALITZ SAYS HOPES RELATIONSHIP AMONG INDIGENOUS PEOPLE WHO SUPPORT AND OPPOSE LNG DEVELOPMENT IN BC, CANADA CAN BE "MENDED AND HEALED".  Full Article

Sichuan Expressway To Buy Oil Products From Petrochina's Sichuan Branch
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Sichuan Expressway Co Ltd <601107.SS>0107.HK::SAYS IT SIGNS FRAMEWORK AGREEMENT TO BUY OIL PRODUCTS FROM PETROCHINA'S <<<0857.HK>>><<<601857.SS>>> SICHUAN BRANCH WITH TOTAL TRANSACTION OF UP TO 1.6 BILLION YUAN ($233.11 million) IN 2019.  Full Article

Petrochina Qtrly IFRS Profit Attributable RMB 21,036 Mln
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Petrochina Co Ltd <601857.SS>::QTRLY IFRS PROFIT ATTRIBUTABLE RMB 21,036 MILLION VERSUS RMB 4,690 MILLION.QTRLY CAS NET PROFIT ATTRIBUTABLE RMB21,035 MILLION VERSUS RMB 4,688 MILLION A YEAR AGO.QTRLY REVENUE RMB 601,111 MILLION VERSUS RMB481,795 MILLION A YEAR AGO.IN Q4 EXPECTED THERE WILL BE QUITE UNCERTAIN GEOPOLITICAL RISKS AND GLOBAL OIL MARKET WILL BE TIGHTLY BALANCED.NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY FOR 2018 IS EXPECTED TO INCREASE SUBSTANTIALLY.IN Q4, GLOBAL OIL MARKET WILL BE TIGHTLY BALANCED, WITH A POSSIBILITY OF DEMAND EXCEEDING SUPPLY IN A SHORT PERIOD."IN Q4, INTERNATIONAL OIL PRICES WILL CONTINUE TO FLUCTUATE WITHIN A CERTAIN RANGE".  Full Article

Transcanada To Construct Coastal Gaslink Pipeline Project
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - TransCanada Corp ::TRANSCANADA TO CONSTRUCT COASTAL GASLINK PIPELINE PROJECT.TRANSCANADA CORP - CONSTRUCTION ACTIVITIES ARE EXPECTED TO BEGIN IN EARLY 2019 WITH A PLANNED IN-SERVICE DATE IN 2023.TRANSCANADA CORP - ESTIMATED CDN$6.2 BILLION PROJECT.TRANSCANADA CORP - MAJORITY OF SPEND ON CONSTRUCTION WILL OCCUR IN 2020 AND 2021.TRANSCANADA CORP - AS PART OF FUNDING PLAN, INTENDS TO EXPLORE JOINT VENTURE PARTNERS AND PROJECT FINANCING FOR COASTAL GASLINK.TRANSCANADA - PROJECT UNDERPINNED BY 25-YEAR TRANSPORTATION SERVICE AGREEMENTS ENTERED INTO WITH LNG CANADA PARTICIPANTS.TRANSCANADA CORP - PROJECT INCLUDES PRE-DEVELOPMENT COSTS TO DATE OF ABOUT $470 MILLION.TRANSCANADA CORP - DIFFERENCES BETWEEN ESTIMATED CAPITAL COST AND FINAL COST OF PROJECT WILL BE RECOVERED IN FUTURE PIPELINE TOLLS.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL EMPLOY 2,000-2,500 PEOPLE DURING CONSTRUCTION.TRANSCANADA CORP - COASTAL GASLINK PIPELINE PROJECT WILL GENERATE APPROXIMATELY $20 MILLION A YEAR IN ONGOING PROPERTY TAX BENEFITS TO B.C. COMMUNITIES.TRANSCANADA- THE PIPELINE TO HAVE INITIAL CAPACITY OF ABOUT 2.1 BILLION CUBIC FEET PER DAY WITH POTENTIAL FOR EXPANSION OF UP TO ABOUT 5 BCF/DAY.  Full Article

Petrochina's Controlling Shareholder To Transfer 972.8 Mln A-Shares Each To Two Investment Firms
Thursday, 7 Jun 2018 

June 7 (Reuters) - PetroChina Co Ltd <601857.SS><0857.HK>::SAYS CONTROLLING SHAREHOLDER WILL TRANSFER 972.8 MILLION A-SHARES, OR 0.53 PERCENT STAKE IN THE COMPANY, EACH TO TWO INVESTMENT FIRMS.  Full Article

Petrochina Says Yu Baocai Resigned And Ceased To Hold Position Of Director
Thursday, 7 Jun 2018 

June 7 (Reuters) - 0857.HK <0857.HK>::YU BAOCAI RESIGNED AND CEASED TO HOLD POSITION OF DIRECTOR OF CO.  Full Article

Petrochina Co Expects 2017 Net Profit Attributable Will Rise By Between RMB13 Bln & RMB16 Bln
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - PetroChina Co Ltd <601857.SS>::ESTIMATED THAT NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF COMPANY FOR 2017 WILL INCREASE BY AN AMOUNT BETWEEN RMB13 BILLION AND RMB16 BILLION.EXPECTED RESULT DUE TO COMBINED IMPACT OF COMPANY OPTIMIZING PRODUCTION AND OPERATION, BROADENING SOURCES OF INCOME.  Full Article

China shares end lower as trade dispute looms; but post weekly gain

HONG KONG, June 14 China stocks ended weaker on Friday, as investors kept a cautious stance ahead of data that was released after market hours, while U.S. tariff threats continued to weigh. ** At close, the Shanghai Composite index was down 1% at at 2,881.97 points, but still ended up 1.9% for the week. The blue-chip CSI300 index closed 0.8% lower, but 2.5% higher week-on-week. ** CSI300's financial sector sub-index closed lower by 0.6%, the consumer staples sector ended down 0.4%, t