CNOOC

Market info

PetroChina sees profits plunge by 70% in 2015

23/03/2016

PetroChina , China's biggest oil and gas producer, reported a 70 percent slump in its full-year 2015 profit, with earnings upstream and in the marketing segment both taking a hit from lower prices.

Asia

PetroChina and CNOOC may write down assets

22/03/2016

PetroChina, the country’s biggest oil and gas producer, and China’s largest offshore explorer Cnooc, may write down assets following crude’s plunge, analysts say.