Upstream19h
Chinese company in surprise exit from Indonesia assets
The Sampang production sharing contract offshore East Java is owned by operator Medco Energi, PetroChina subsidiary Singapore ...
Crude Oil Prices3d
Fire Shuts In 300,000 Bpd of Oil Production at Iraq’s Giant Oilfield
Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...
Sinopec's Weak Downstream Performance Offset by Robust Upstream Segments
Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...
China Stock Market May Run Out Of Steam On Monday
The China stock market has finished higher in two straight sessions, improving almost 40 points or 1.2 percent along the way. The ...
PetroChina (OTCMKTS:PCCYF) Shares Down 0.1% – What’s Next?
PetroChina Company Limited (OTCMKTS:PCCYF – Get Free Report)’s stock price traded down 0.1% on Friday . The stock traded as low as $0.76 and last traded at $0.77. 93,620 shares traded hands during mid ...