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PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

PetroChina posts growth in revenue and profit in H1 2024

Guangzhou (JLC), August 27, 2024 – PetroChina (SH:601857, HK:00857) posted a 5.0% growth in revenue in the first half (H1) of 2024, with the profit attributable to its shareholders gaining 3.9%.

08-27-2024 18:50:33

Sinopec reports 2.6% profit gain for H1 2024

Guangzhou (JLC), August 26, 2024 – Sinopec Corp. (SH:600028, HK:00386) saw a 2.6% gain in profit attributable to its shareholders in the first half (H1) of 2024, although its revenue dropped 1.1%.

08-26-2024 18:57:59

Several Sinopec refineries cut diesel yield for better profit

Guangzhou (JLC), May 28, 2024--Several Sinopec refineries cut the yield of diesel while lifting that of other products to amplify their profit margins, Sinopec said on its news website.

05-28-2024 16:59:56

PetroChina’s profit boosted by stronger sales in Q1

Beijing (JLC), May 7, 2024--PetroChina's revenue and net profit both grew in the first quarter of 2024 amid higher sales of oil products, natural gas and chemical products, the company said in its fir

05-07-2024 17:28:33

CNOOC’s first-quarter net profit sets record

Guangzhou (JLC), April 29, 2024 – CNOOC's first-quarter net profit surged to a record high for the same period in history, driven by higher realized oil prices and output growth.

04-29-2024 18:55:22

PetroChina’s net profit up 8.3% in 2023, hitting record high

Guangzhou (JLC), March 26, 2024--PetroChina’s net profit increased 8.3% year on year to a record high in 2023, because of rising sales of oil products and natural gas.

03-26-2024 15:35:06

China’s refining sector reaps higher profits in 2023

Guangzhou (JLC), February 21, 2024 – Oil refining profits in China surged last year, while the upstream sector and the chemical sector saw a decline in profits, Sinopec reported on February 21.

02-21-2024 19:05:56

Retail profits of gasoline and diesel diverge in 2023

Guangzhou (JLC), January 5, 2024 – The retail-wholesale spread, a gauge of retail profits for fuel at the pump, performed differently for gasoline and diesel in 2023.

01-05-2024 17:59:47

China INE crude price slips further on profit taking

Guangzhou (JLC), September 21, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Thursday, following a drop in international crude prices driven

09-21-2023 18:46:39

PetroChina's net profit gains 12.1% in Q1 2023

Guangzhou (JLC), May 4, 2023--PetroChina recorded a year-on-year rise of 12.1% in its net profit for Q1 2023, mainly due to the company’s continuous endeavor in quality and profitability improvement.

05-04-2023 18:58:26

PetroChina’s net profits set record high in 2022

Guangzhou (JLC), March 30, 2023--PetroChina’s net profits attributable to equity shareholders set an all-time high last year, mainly as a result of higher oil and gas prices, large?r oil and gas produ

03-30-2023 16:19:16

CNOOC’s net profit to first exceed 100 bln yuan in first three quarters

Guangzhou (JLC), October 17, 2022--China National Offshore Oil Corporation (CNOOC) is projected to reap more than 100 billion yuan of net profit in the first three quarters of 2022, according to the s

10-17-2022 15:49:46

CNOOC’s net profit for H1 2022 more than double

Guangzhou (JLC), Jul 27, 2022--CNOOC’s net profit attributable to equity holders for H1 2022 is estimated to be more than double year on year, CNOOC indicated in its semi-annual performance estimate r

07-27-2022 18:58:58

PetroChina’s net profit for H1 2022 to grow 50%-60%

Guangzhou (JLC), Jul 19, 2022--PetroChina estimates that its net profit attributable to equity holders for H1 2022 will jump by 50%-60% year on year, the oil giant said in its semi-annual performance

07-19-2022 16:40:08

Bunker blending profits plunge on higher costs in north China

Guangzhou (JLC), May 31, 2022--Bunker blending profits in north China plummeted in late May amid higher blending costs, despite stale bunker fuel prices.

05-31-2022 19:28:09

Qilu Petrochemical’s operating profit hits record high in 2021

Guangzhou (JLC),?February 16, 2022--Sinopec Qilu Petrochemical’s operating profit exceeded 5 billion yuan in 2021, hitting a record high, mainly because of continuous optimization of operation and cos

02-16-2022 17:44:22

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