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sinopec News

PetroChina's profits double as oil prices soar

China's biggest oil producer PetroChina said Thursday its net profit more than doubled in the first half of the year as global crude prices soared.Net profit surged 113.7 percent from the same period last year to 27.1 billion yuan ($4.

Op-Ed: Big Oil goes green? It’s happening, but in tiny doses

OK, given that oil is sacred to the cows of the financial world, never to be questioned or to provide a rational statement on any subject – Why is Big Oil investing in green energy? It looks almost like sanity, so there must be something wrong with it.

China oil giants enjoy profit rises despite weak economy

- China's major onshore oil firms Sinopec and PetroChina said profits rose in 2013, despite weakness in the world's second largest economy.Sinopec -- a listed unit of China Petrochemical Corp -- saw net profit edge up 3.5 percent year on year to 66.1 bil...

China oil giants enjoy profit rises despite weak economy

- China's major onshore oil firms Sinopec and PetroChina said profits rose in 2013, despite weakness in the world's second largest economy.Sinopec -- a listed unit of China Petrochemical Corp -- saw net profit edge up 3.5 percent year on year to 66.1 bil...
 

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