PetroChina Trading Arm Eyes Record $3B Profit
PetroChina International is expected to earn a record more than $3 billion in gross trading profit in 2026, as the Middle East conflict and Strait of Hormuz disruptions drive price volatility, tight fuel markets and strong margins. European energy majors are also reporting or anticipating robust trading and refining profits.
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About PetroChina Company Limited
PetroChina Company Limited is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007, and subsequently entered the constituent of SSE 50 Index. In the 2020 Forbes Global 2000, PetroChina was ranked as the 32nd-largest public company in the world.
Everything about PetroChina Company Limited →- Country
- People's Republic of China
- Headquarters
- Dongcheng District, Beijing
- Inception
- November 5, 1999
- Website
- https://www.petrochina.com.cn, https://petrochinaintl.com.hk/