|Bid||44.15 x 0|
|Ask||0.00 x 0|
|Day's range||44.14 - 44.14|
|52-week range||44.14 - 73.16|
|Beta (5Y monthly)||1.33|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||1.98 (4.37%)|
|Ex-dividend date||13 Sep 2019|
|1y target est||N/A|
MOSCOW/SEOUL/LONDON, Feb 12 (Reuters) - The gathering of the world's top oil traders, London International Petroleum Week, will be less crowded this year as the bulk of traders in Asia plan to either cut or cancel their Feb. 24-27 travel plans due to the coronavirus outbreak. The virus, which originated in China late last year, has claimed over 1,100 lives and spread to other countries. Japan, which shares the rank of the world's top energy importers with China, has the second largest number of cases.
Aramco Trading Co, the trading arm of Saudi Aramco, has hired a liquefied natural gas (LNG) trading manager as it looks to expand its presence in the super-chilled fuel, industry sources told Reuters. It has hired Garth Edward as LNG trading manager, according to the sources and his LinkedIn profile. The hiring of Edward is likely part of Aramco's expansion into LNG trading as the firm boosts gas production and considers expanding LNG investment, said the sources, who declined to be identified as they were not authorised to speak with media.
The head of PetroChina's oil trading unit in Singapore will leave the company after serving nearly 26 years, two company officials told Reuters on Tuesday. Xia Hongwei, the managing director for both the Asian operations at PetroChina's trading vehicle China National United Oil Corp, known as Chinaoil, and for PetroChina International (Singapore) Pte Ltd, will depart after PetroChina approved his resignation earlier in December, the two officials said.
A PetroChina unit has won a license to supply marine bunker fuel in Zhoushan on China's east coast, as the city's free trade zone looks to challenge Singapore as a regional shipping fuel hub, according to a company executive and local government official. PetroChina Fuel Oil Co. Ltd, a subsidiary of state oil and gas giant PetroChina, will join half a dozen other domestic independent and state-run firms supplying marine fuel from bonded storage, with the permit coming just months before new global rules on cleaner bunker fuel come into force.
SHANGHAI/HONG KONG, Sept 30 (Reuters) - U.S. President Donald Trump's administration is considering forcing Chinese firms to delist from U.S. stock exchanges, according to sources, a move that would escalate U.S.-China tensions and could throw some of China's biggest companies into chaos. It was not clear how the delistings might be done, but the idea is part of a broader effort to limit U.S. investment in Chinese companies, two sources said. One source said it was motivated by the Trump administration's growing security concerns about the companies' activities.
SHANGHAI/HONG KONG, Sept 30 (Reuters) - U.S. President Donald Trump's administration is considering forcing Chinese firms to delist from U.S. stock exchanges, according to sources, a move that would escalate U.S.-China tensions and could throw some of China's biggest companies into chaos. It was not clear how the delistings might be done, but the idea is part of a broader effort to limit U.S. investment in Chinese companies, two sources said.
China’s call to its oil majors to increase energy production from domestic sources has resonated with the big 3, but production successes aren’t mind-blowing just yet
Two bipartisan bills have been introduced over the last few months aimed at going after Chinese companies that don’t comply with auditing rules in the U.S.
Iraq will soon finalize a large-scale, long-term deal for the development of oil fields in the South with Exxon and PetroChina. The 30-year contract will involve investments of US$53 billion and potential returns for Baghdad of as much as US$400 billion over its lifetime
Iraq is planning a $53 billion megaproject with global energy giants ExxonMobil and PetroChina to use seawater from the Persian Gulf to boost oil production, Prime Minister Adel Abdul-Mahdi announced Tuesday. The 30-year project would boost output from Iraq's southern oil fields, and includes designs to capture natural gas, which is currently lost to flaring, for production, Abdel-Mahdi said at a press conference.
PetroChina, Asia's largest oil and gas producer, plans to boost capital spending to 300 billion yuan (34.28 billion pounds) in 2019, up 17 percent from last year, a company filing to the Hong Kong Stock Exchange showed. The surge in expenditure to a near-record level came as PetroChina pledged to ramp up oil and gas production and reserves to answer Beijing's call for greater energy security. The group expects crude oil output this year at 905.9 million barrels and gas output of 3,811.0 billion cubic feet, it said in its earnings statement, with the total oil and gas equivalent of 1,541.2 million barrels.
Australia’s ambitions of becoming a world class LNG exporter are looking bleak as a part of the country will now have to start importing the commodity
MELBOURNE/SINGAPORE (Reuters) - Royal Dutch Shell and PetroChina are at loggerheads over gas sales pricing at their Arrow Energy joint venture, holding up development of Australia's biggest coal seam gas resource, three industry sources said. PetroChina, the listed arm of China National Petroleum Corp (CNPC), is eager to start developing Arrow's 5 trillion cubic feet (140 billion cubic meters) of gas in the Surat Basin in Queensland to turn around loss-making Arrow Energy, one of its key overseas assets. It is at the mercy of venture partner Shell, however, as the Anglo-Dutch oil company is also majority owner of Arrow's biggest potential customer, Queensland Curtis LNG (QCLNG), a liquefied natural gas plant on an island off Queensland state.