PetroChina’s Earnings Surge in H1 2024 on Record Drilling, Higher Oil Prices

PetroChina has recorded an increase in net income that amounted to 86.61 billion yuan for the first half of 2024, compared to 85.27 billion yuan in the same period last year. This was driven by a rise in drilling operations and oil prices. Beijing has pushed its state-owned oil giants to invest heavily in production … Continue reading PetroChina’s Earnings Surge in H1 2024 on Record Drilling, Higher Oil Prices