- PetroChina takes top spot on FT 500 list
- PetroChina has overtaken Exxon Mobil to rank first in the latest Financial Times annual list of the world's 500 most valuable listed companies, with a market capitalization of US$329.3 billion. It's the first time for a Chinese company to secure the top spot in this 14-year-old ranking. Last year it ranked second.
- PetroChina tops Financial Times' Global 500 List
- PetroChina has overtaken Exxon Mobil to rank first in the latest Financial Times annual list of the world's 500 most valuable listed companies, with a market capitalization of US$329.3 billion. It's the first time for a Chinese company to secure the top spot in this 14-year-old ranking. Last year it ranked second.
- PetroChina to invest US$60 bln overseas over 10 years
- PetroChina, the country's top oil producer, said Thursday it will invest US$60 billion over the next 10 years to expand its overseas business.
- PetroChina, Shell to buy Australian Arrow Energy
- PetroChina Company Limited (PetroChina), China's largest oil and gas producer, announced on Monday that it will ally with Shell through a JV to acquire Arrow Energy Limited, an Australian energy company, for 3.5 billion Australian dollars.
- PetroChina to double joint-project output
- PetroChina aims to more than double its oil and gas output at domestic fields in cooperation with foreign partners by the end of 2015 to meet China's rising energy needs.