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PetroChina Co. Ltd.

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About

PetroChina Company Ltd. is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corp., headquartered in Dongcheng District, Beijing.

Editor's note: Updated July 8, 2020.

Transactions

Report Date Amount (MM) Description
2016-01-05 --

PetroChina Combines Subsidiaries' Assets To Form PetroChina Pipelines

PetroChina Combines Subsidiaries' Assets To Form PetroChina Pipelines

Report Date Amount (MM) Description
2013-11-19 $2,600.00

Vinson & Elkins Advises CNPC On $2.6 Billion Acquisition In Peru

Vinson & Elkins Advises CNPC On $2.6 Billion Acquisition In Peru

Report Date Amount (MM) Description
2013-06-07 $1,630.00

BHP Sells East and West Browse Joint Ventures

BHP Sells East and West Browse Joint Ventures

Report Date Amount (MM) Description
2012-12-19 $2,180.00

PetroChina, EnCana Form JV

PetroChina, EnCana Form JV

Report Date Amount (MM) Description
2011-02-11 --

2011-02-11-2011-02-10

2011-02-11-2011-02-10

Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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News

Ecopetrol Reaches 10 MMbbl Sales of Carbon-Compensated Crude

State-owned Ecopetrol reached the 10 MMbbl mark for the sale of its carbon-compensated crude to markets in Asia, Europe and the Americas.

Shell Eyes Adding 8.6 mtpa to Portfolio Beyond 2025

European energy giant Shell plc looks to add around 8.6 mtpa of net liquefaction capacity to its portfolio through four projects spanning three continents beyond 2025.

PetroChina Completes Drilling Asia's Deepest Oil Well in Sichuan Province

PetroChina's Pengshen 6 well was drilled to a depth of 9,026 m near Mianyang in China's Sichuan province.

Chevron Joins Consortium to Explore CCUS Solutions in Singapore

Through a partnership between Chevron, Air Liquide, Keppel Infrastructure and PetroChina, the companies will help drive down the amount of CO2 emissions in Singapore and help the country realize its 2050 net zero target.

Analyst: Chinese Liquids Production to Decline Within a Decade

Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.

PetroChina Plans to Boost Renewables Output, Posts Biggest Profit in 7 Years

PetroChina made commitments to reach carbon neutrality by 2050, 10  years ahead of China's 2060 goal, by having renewable energies consist of one-third of its portfolio by 2035.

PetroChina’s Gulong Shale Project May Bolster China's Oil Output

PetroChina will be spending billions of dollars to accelerate drilling of rare shale formations in northeast China that could be pivotal to sustaining oil output in the world's largest consumer.

PetroChina to More Than Double Sichuan Shale Gas Output by 2025

Shale gas operations managed by PetroChina's Southwest Oil and Gas division will top 10 Bcm this year, making the company China's single largest shale gas producer, a state news agency said.

China’s Energy Giants Tiptoe Into Renewables

The tentative plans laid out by PetroChina, Sinopec and CNOOC Ltd. come as global energy majors like BP Plc prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future.

Ovintiv, PetroChina Split Duvernay Assets in JV Breakup

The partnership dates back to December 2012 when PetroChina agreed to pay Ovintiv, going by Encana at the time, CA$2.18 billion for a 49.9% stake in its Duvernay shale prospect.

E&P: August 2020 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world featured in the August issue of E&P including Equinor’s discovery of a potentially large oil reservoir offshore Canada’s Flemish Pass plus an Alaska wildcat on the North Slope reported by 88 Energy.

E&P: July 2020 International Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights from around the world featured in the July issue of E&P including two significant oil discoveries offshore Mexico and Chesapeake Energy Marcellus Shale completions in Pennsylvania’s Susquehanna County.

Chinese Buyers Snap Up US Oil at Widest Discounts Ever

WTI discounts are $6 to $7 a barrel, increasing pressure on producers to shut in wells.

PetroChina Unit Strikes High Oil, Gas Flows In Deep Tarim Well

In a social media posting Oct. 4, PetroChina’s Tarim unit said the Bozi-9 well in the Tarim Basin yielded a daily output of 418,200 cubic meters of natural gas and 115.15 cubic meters of condensate in test production on Oct. 3.

Petrochina Reports Big Shale Gas Additions In Sichuan Basin

Petrochina said on Sept. 29 that certified, newly added proven shale gas geological reserves at Changning-Weiyuan and Taiyang blocks in the Sichuan basin totaled 740.97 billion cubic meters.