PetroChina Co. Ltd.

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

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…

Petrochina said on Sept. 29 that certified, newly added proven shale gas geological reserves at Changning-Weiyuan and Taiyang blocks…

Inferior reservoir properties and little shale gas exploration efforts in some onshore shale gas basins are to blame, analysts say.

Gas provider is under pressure to recoup losses.