PetroChina: Total revenue was down 8.3 per cent to 1.48 trillion yuan, due to a sustained fall in global oil prices after an initial spike in the immediate aftermath of Russia s invasion of Ukraine in February 2022.
However, PetroChina s total crude oil and natural gas equivalent output was 893.8 million barrels, representing a 5.8% increase on last year, supporting a 3.7% increase in operating profit for the group s upstream segment.
The Hammer, Sickle and a Love for Money | Asian Geographic Magazines asiangeo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiangeo.com Daily Mail and Mail on Sunday newspapers.
PetroChina is significantly undervalued and trading below its oil and gas assets. See how PCCYF is set to benefit from China s expected relation on regulations.