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PetroChina Co Ltd

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  • Aug 29- Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PetroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the unit, Phoenix Energy Holdings Ltd..

  • Aug 29- Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PetroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the unit, Phoenix Energy Holdings Ltd..

  • PetroChina profit up 4 percent as gas sales rise Thursday, 28 Aug 2014 | 7:30 AM ET

    BEIJING— State-owned PetroChina, East Asia's biggest oil producer, says its profit in the first half rose 4 percent as sales of gasoline and natural gas increased. PetroChina Ltd. said Thursday it earned 68.1 billion yuan, or 0.37 yuan per share, in the six months ended June 30.

  • *PetroChina says aims to make Athabasca payment soon. HONG KONG, Aug 28- PetroChina, the country's top oil and gas producer which also owns refineries, posted a 15 percent rise in second-quarter profit, partly due to higher upstream earnings and improved refining margins.

  • HONG KONG, Aug 28- Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings. The Hang Seng Index closed down 0.7 percent at 24,741.00 points. China Construction Bank and Industrial and Commercial Bank of China both shed 1.2 percent.

  • HONG KONG, Aug 28- China shares slipped on Thursday as a batch of initial public offerings started taking subscriptions, diverting money from existing stocks and pulling down the indexes to multi-week lows. Agricultural Bank of China, joining two other major banks, late on Tuesday reported slowing profit growth and rising bad loans for the second quarter.

  • *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.

  • Asian equities ended mostly lower on Thursday ahead of a raft of global central bank meetings.

  • 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.