PetroChina Company News

A recent 11% hike in fuel prices is the third increase in this year. The National Development and Reform Commission reported that retail price for gasoline will be approximately $3.16 per gallon, compared to an average of $2.69 per gallon in the U.S. Refiners in China had been witnessing a weakness in refining margins due to an increase in crude ...

At todaya s Vanguard shareholders meeting, results were announced for ballot Question 3 which asked the funda s Board to a oeinstitute procedures to prevent holding investments in companies that, in the judgment of the Board, substantially contribute to genocide or crimes against humanity.a For the 21 Vanguard funds reporting results, affirmative ...

Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed.

IndexUniverse had an article up Monday about the rebalancing at Russell Investments that occurs every June and was just implemented for 2009.

The economy of China is stable and growing due to the government stimulus program focused towards infrastructure, as per the World Bank's Quarterly Update.

China appears to be stepping up its purchases of foreign assets, with a rush of recent news detailing prospective Chinese acquisitions of Western assets.

PetroChina Company will establish South China's largest refined oil depot and product distribution center on Xiaohu Island in Huangge Town of Nansha District in Guangzhou.

In January 2009, I published an article on Seeking Alpha entitled Tremendous Value Found in China North East Petroleum.

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Asian shares took flight Wednesday on a rebound of banking stocks and commodity prices.

Hong Kong shares were seeking direction early Friday, with Cnooc Ltd. and PetroChina Co.

China oil consumption grew - yes grew - 4% during the month of April , according to a report by Platts.

Since 2002, David and Tom Gardner have returned 32.08% while the S&P 500 returned -8.83%. Try Stock Advisor free for 30 days.

Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 156.58 billion and RMB 68.65 billion, respectively.

OptionMonster co-founder Pete Najarian provides options picks Monday, Wednesday and Friday in TheStreet.com's Deep in the Money Calls newsletter.

China will increase gasoline and diesel prices by CNY400 per metric ton each, effective Monday, an official with a sales unit under PetroChina Co.

PetroChina International Pte. Ltd. , a subsidiary of PetroChina Co. Ltd. , Beijing, plans to acquire the entire shareholding in Singapore Petroleum Co.

There's an old adage that rings true in our current economic environment: crisis begets opportunity.

Buy-recommended PetroChina offers unlevered appreciation potential of 64% to a McDep Ratio of 1.0 and levered appreciation potential of 76% to Net Present Value of $150 a share.

People sharing a scooter ride past oil rigs in Cangzhou in northern China's Hebei Province, northeast China, where PetroChina and the China National Offshore Oil Corporation drill for oil.