The Canadian Press - ONLINE EDITION

PetroChina first-half profit up 4 per cent as gasoline, natural gas sales rise

  • Print

BEIJING, China - State-owned PetroChina, East Asia's biggest oil producer, said Thursday its first-half profit rose 4 per cent as sales of gasoline and natural gas increased.

PetroChina Ltd. earned 68.1 billion yuan ($11.2 billion), or 0.37 yuan (6 U.S. cents) per share, in the six months ended June 30. Revenue rose 4.8 per cent to 1.1 trillion yuan ($180 billion).

Gasoline consumption rose 1.3 per cent by volume but sales rose 9.7 per cent after increases in state-set prices. Natural gas sales rose 8.9 per cent after an increase in prices.

PetroChina's parent company, China National Petroleum Corp., has been embroiled in a corruption scandal. Its former head, Zhou Yongkang, and other present and former executives are under investigation.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

J.P. Vigier’s Whiteboard: Coach Maurice’s first full season

View more like this

Photo Store Gallery

  • MIKE DEAL / WINNIPEG FREE PRESS 060711 Chris Pedersen breeds Monarch butterflies in his back yard in East Selkirk watching as it transforms from the Larva or caterpillar through the Chrysalis stage to an adult Monarch. Here an adult Monarch within an hour of it emerging from the Chrysalis which can be seen underneath it.
  • PHIL.HOSSACK@FREEPRESS.MB.CA 100527-Winnipeg Free Press THe Provencher Foot Bridge is lit up

View More Gallery Photos

Poll

Do you support Canada's involvement in the fight against Islamic State?

View Results

View Related Story

Ads by Google