Cnooc profit jumped 57% in '05

Article Abstract:

China National Offshore Oil Corp. posted soaring net profits, up 57 percent to 25.32 billion Yuan ($3.15 billion) an increase from 16.14 billion Yuan in 2004. Revenue rose 26 percent to 69.46 billion Yuan. Financial growth is due to high oil costs and greater production and the oil company will continue to seek expansion overseas.

China National Offshore Oil Corp., Company overview

---

PetroChina's net climbs with help from refineries

Article Abstract:

First-half net profit for PetroChina Company Ltd. rose 1.4% to reach $10.76 bil, with revenue increasing 20%. PetroChina also announced the signing of a shared-production contract with Turkmenistan to boost its natural gas reserves.

Contracts & orders received, Natural gas liquids, Turkmenistan, Contracts & orders let, Oil & Gas Extraction, Oil and Gas Extraction, Contracts, Gas industry, Contract agreement, PTR, PetroChina Company Ltd.

---

Sinopec profit increases 30%: domestic demand, state subsidy boost Chinese firm's result

Article Abstract:

Domestic fuel consumption and a $646.5 mil state subsidy helped boost 2006 profits at China Petroleum and Chemical Corp. by 30%. Major discoveries of oil and gas reserves in China are expected to bolster such results in the future.

Government expenditures, Economic aspects, Influence, Petroleum, Petroleum reserves, Natural resources, China Petroleum and Chemical Corp., Government finance

Similar abstracts:

• Abstracts: Swiss Re Reports 41% Profit Decline. Swiss Life profit increases 8.5 percent on cost-cutting. Swiss Re losses raise wider fears: subprime hit spurs worries about insurers' exposure to credit-market turmoil
• Abstracts: Sanofi reports profit increase. Plavix sales brighten Sanofi's view. Sanofi stands by sleeping pill's safety profile
• Abstracts: Metro's Wal-Mart deal helps boost profit. Metro's net rises sharply on strong sales, unit sale. German retailer Metro reports full-year net profit dropped 36%
• Abstracts: Ford buyouts swell, but outlook remains dire: up to 38,000 U.S. workers will take the deal to leave; more cash bleeding is seen

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.