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PetroChina Company Limited (0857.HK)
| Previous close | 7.570 |
| Open | 7.540 |
| Bid | 7.890 x 0 |
| Ask | 7.900 x 0 |
| Day's range | 7.530 - 8.000 |
| 52-week range | 4.730 - 8.220 |
| Volume | |
| Avg. volume | 136,961,455 |
| Market cap | 1.962T |
| Beta (5Y monthly) | 0.80 |
| PE ratio (TTM) | 8.23 |
| EPS (TTM) | 0.960 |
| Earnings date | 28 Aug 2024 - 02 Sept 2024 |
| Forward dividend & yield | 0.48 (6.10%) |
| Ex-dividend date | 18 Jun 2024 |
| 1y target est | 8.11 |
ReutersPetroChina to pay $14.5 million fine for US export violations, DOJ says
PetroChina International America, a unit of PetroChina, has agreed to pay a fine and forfeiture totaling $14.5 million for violations of U.S. export law, the Justice Department said on Tuesday. Authorities discovered evidence the company had reported inaccurate information in an electronic database exporters use to declare international exports from the U.S., the U.S. attorney's office for the southern district of Texas said in a press release. PetroChina International America "misclassified more than $32 million of ultra-low-sulfur diesel fuel as mineral oil mix for certain export transactions to Mexico that took place in 2019 and 2020," the office said.
ReutersChina's oil majors face uphill climb to adapt to EV future
Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by Sinopec in December 2023 offers a glimpse of China's post-gasoline future. EV sales in the world's largest auto market are expected to account for 40% of the 23 million cars sold this year. China's gasoline demand is predicted to peak by 2025 and could halve by 2045, making a strategic shift an imperative for its biggest oil refiners and marketers, Sinopec and PetroChina.
- Reuters SG
Singapore's SRC reports minor fire at refinery last week
The fire occurred at the plant on Jan. 10, at approximately 10:12 a.m. (0212 GMT), SRC said in an emailed statement. The company activated an internal emergency response team to put out the fire, SRC said, adding that no one was injured. SRC declined to comment on whether any refining units had been shut because of the fire.
