3 hours ago
PetroChina reported record first-half operating results for 2026, with profit attributable to shareholders rising 22% year over year to RMB103.94 billion as the Chinese energy giant expanded across natural gas, new materials and lower-carbon businesses.
Revenue increased 5.3% to RMB1.527 trillion, while basic earnings per share reached RMB0.57. PetroChina said it was the first time its attributable profit had exceeded RMB100 billion in a half-year period.
The company's oil, gas and new energies business remained its biggest earnings contributor, generating RMB100.45 billion in operating profit during the first half.
PetroChina reported oil and gas equivalent production of 921 million barrels, domestic crude production of 393 million barrels and marketable natural gas production of 2.66 trillion cubic feet.
The company said it made six new discoveries and advanced 19 new developments during the period. It also established two large gas reserve areas in the Sichuan and Junggar basins and a major deep conventional oil reserve area at Tarim Fuman.
#petrochina #first #production #rmb100
Revenue increased 5.3% to RMB1.527 trillion, while basic earnings per share reached RMB0.57. PetroChina said it was the first time its attributable profit had exceeded RMB100 billion in a half-year period.
The company's oil, gas and new energies business remained its biggest earnings contributor, generating RMB100.45 billion in operating profit during the first half.
PetroChina reported oil and gas equivalent production of 921 million barrels, domestic crude production of 393 million barrels and marketable natural gas production of 2.66 trillion cubic feet.
The company said it made six new discoveries and advanced 19 new developments during the period. It also established two large gas reserve areas in the Sichuan and Junggar basins and a major deep conventional oil reserve area at Tarim Fuman.
#petrochina #first #production #rmb100
