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PetroChina Co Ltd

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  • *Venezuela has been crude exporter for last century. HOUSTON, Aug 27- OPEC member Venezuela is considering importing crude oil for the first time ever and could use Algerian light crude as blending stock to boost sales of its own extra heavy oil, according to an internal document from the state-run energy company PDVSA seen by Reuters on Wednesday.

  • Hong Kong shares weaken despite strength in oil sector Tuesday, 26 Aug 2014 | 4:09 AM ET

    HONG KONG, Aug 26- Hong Kong's benchmark share index finished lower on Tuesday, as weakness in a few heavyweight stocks canceled out strength in oil companies. Asia insurance giant AIA Group lost 0.9 percent. PetroChina climbed 2.4 percent and CNOOC 0.7 percent.

  • China shares fall as money diverted for coming IPOs Tuesday, 26 Aug 2014 | 3:08 AM ET

    HONG KONG, Aug 26- China shares fell on Tuesday, as a batch of initial public offerings that start taking subscriptions later this week divert money from existing stocks. The CSI300 of the leading Shanghai and Shenzhen A-share listings slid 0.8 percent to its lowest close in almost a month.

  • HONG KONG, Aug 25- China shares finished lower on Monday as investors set aside money for coming initial public offerings, though the oil and aviation sectors outperformed. That is expected to lock up 900 billion yuan in funds, according to the Southern Metropolis Daily in Guangzhou.

  • HONG KONG, Aug 22- China shares edged higher at midday Friday, helped by blue-chips, and might produce a sixth straight weekly gain, which would be the longest such streak since March 2012. Hong Kong shares also rose, tracking gains in most other Asian markets after upbeat U.S. economic data sparked another record close on Wall Street.

  • LAUNCESTON, Australia, Aug 21- China's natural gas dilemma was neatly illustrated by two recent announcements, the first a price increase and the second the closing of two gas-processing plants.

  • *Coal producers down as Beijing orders curbs on oversupply. HONG KONG, Aug 21- Hong Kong and China shares weakened on Thursday after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, reinforcing concerns about increasing softness in the economy.

  • HONG KONG, Aug 14- Hong Kong shares finished lower on Thursday, with investors taking profits on Chinese energy firms and companies that posted strong earnings. The Hang Seng Index ended down 0.4 percent at 24,801.36 points, after hitting its highest intraday level since November 2010.

  • China shares end down as energy firms, financials drag Thursday, 14 Aug 2014 | 3:06 AM ET

    The CSI300 of the leading Shanghai and Shenzhen A-share listings sank 1 percent. Among the biggest index drags in Shanghai, PetroChina shed 0.9 percent and China Life Insurance 2.1 percent. China Vanke slid 2 percent in Shenzhen, while Poly Real Estate lost 1.4 percent in Shanghai.

  • HONG KONG, Aug 8- Hong Kong's benchmark share index had its first losing week in four, despite strength in Chinese energy companies on Friday due to higher oil prices. The Hang Seng Index fell 0.2 percent on Friday to 24,331.41 points.

  • HONG KONG, Aug 7- China shares posted their biggest daily loss in 1-1/ 2 months on Thursday, as large-cap stocks from banking to energy extended a retreat from recent highs.

  • HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.

  • Qingdao port at centre of probe into alleged financing fraud. Beijing's anti-corruption campaign, which had focused on energy giant PetroChina earlier this year, has begun to turn to the mining sector and authorities are also investigating the suspected metal financing fraud at Qingdao port, China's third largest.

  • Shares of the oil sands producer surged as much as 4.8 percent after Athabasca Chief Executive and President Sveinung Svarte said Wednesday a C $1.23 billion deal with PetroChina Co Ltd to complete its takeover of the Dover project would close within a "reasonable time frame."

  • Aug 6- Canadian oil sands producer Athabasca Oil Corp reported a bigger quarterly loss as it set aside C $49 million to settle some claims by PetroChina Co Ltd's Phoenix Energy Holdings Ltd..

  • Canada's Athabasca Oil posts bigger loss Wednesday, 6 Aug 2014 | 6:25 AM ET

    Aug 6- Canadian oil sands producer Athabasca Oil Corp reported a bigger quarterly loss as the company made a C $49 million provision to settle some claims made by PetroChina Co Ltd's Phoenix Energy Holdings Ltd..

  • China shares pare losses as metal stocks jump Wednesday, 6 Aug 2014 | 3:06 AM ET

    HONG KONG, Aug 6- China shares fell on Wednesday but ended off early lows as solid gains in metal counters helped offset weakness in banking and energy large caps. PetroChina was the main drag on the index in Shanghai, slipping 0.6 percent. China Eastern Airlines, Air China and China Southern Airlines all added over 1 percent.

  • HONG KONG, Aug 6- Hong Kong and China shares dropped on Wednesday with investors taking profits on recently-strong Chinese blue-chip stocks and keeping an eye on declines in U.S. markets. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.8 percent to a two-week low.

  • US oil tumbles under $98, ends at 6-month low Tuesday, 5 Aug 2014 | 2:43 PM ET
    Pump jacks and wells in an oil field on the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, March 23, 2014 near McKittrick, Calif.

    Crude slipped as ample supply in the Atlantic basin outweighed worries that turmoil in the Middle East and Africa could disrupt production.

  • SINGAPORE, Aug 5- U.S. crude futures steadied above $98 a barrel early on Tuesday as renewed worries over potential disruption to supplies from continuing unrest in Libya and Iraq helped oil bounce off six-month lows. *U.S. crude for September delivery was up 13 cents at $98.42 a barrel by 0007 GMT, adding to a 41 cent gain on Monday.