PetroChina | Egypt Oil & Gas

PetroChina Net Profit Rises 21.6% YoY in Q3 2026

PetroChina, Asia’s largest oil and natural gas producer, reported a 21.6% year-on-year increase in net profit for the third quarter of 2026, reaching 51.84 Bn yuan ($7.78 Bn), Reuters said on October 28. Net profit fo...

China, India LNG Demand Poised for Recovery as Global Supply Eases

China and India’s liquefied natural gas (LNG) imports are expected to recover from multi-year lows once the Middle East supply crunch ends and prices decline, Reuters reported, citing industry executives. The Middle E...

PetroChina Revenue Rises 5.3% in H1 2026, Profit Grows by 22%

PetroChina, one of China’s major hydrocarbon producers and distributors, reported RMB 1.53 trillion (around $214.5 billion) in revenue for the first half (H1) of 2026, up 5.3% year-on-year (YoY), according to th...

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 oper...

Shell Announces Phase 2 Development of Surat Gas Project in Australia

Shell has announced its plan to develop Phase 2 of Surat Gas Project (SGP) in Queensland, Australia alongside its partner Petrochina through their 50/50 incorporated joint venture, Arrow Energy. The gas from the proje...

ADNOC Gas, PetroChina Sign Agreement for LNG Supply Valued Between $450 -$550M

ADNOC Gas has signed an agreement to supply liquefied natural gas (LNG) to PetroChina International Company Limited, a subsidiary of PetroChina Company Limited. The contract valued between $450 million and $550 millio...

Shell to Supply Carbon-Neutral LNG to PetroChina

Shell Eastern Trading Pte Limited (Shell) has signed a contract for supplying carbon- neutral liquefied natural gas (LNG) to PetroChina International Company (PCI), Shell reported in a press release. According to the ...

INE Approves PetroChina as Storage Facilities for LSFO Futures  

Shanghai International Energy Exchange (INE) approved PetroChina International Middle East as overseas storage facilities for lower Sulphur fuel oil (LSFO) futures, according to a press release. INE elaborated that th...

PetroChina Starts Processing First Russian Crude

PetroChina’s subsidary, Daqing, has started processing its first batch of Russian crude oil after completion of plant upgrade, according to Reuters. Daqing Petrochemical Corporation is now expected to process in...

Ofinitiv Cancels JV with PetroChina

One of the largest independent producers of crude oil and condensate in North America, Ovintiv Canada ULC, has finalized an agreement with PetroChina Canada (PCC) to terminate the parties’ joint venture (JV) and...

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