China National Petroleum aims to shift half of output to hydrogen, geothermal and clean power by 2050 and expand efforts to cut methane emissions

Oil prices reach seven-year highs; China exports less refined oil products; Chile moves to nationalize copper and lithium resources

Electricity consumption jumped 10.3% last year; steel output fell 3%; lithium and solar panel producers to report surging profits

PetroChina Fuel Oil ordered to disgorge illegal profits on improper sale of 179.5 million tons of imported crude to 115 local refineries over 15 years

PetroChina’s profit attributable to shareholders will increase by $11.2 billion to $11.8 billion over the 2020 level of 19 billion yuan

Ling Xiao is under investigation for alleged violations of law and Communist Party discipline

Issues such as the transition to clean energy and tensions between Beijing and Washington have made once active Chinese SOEs wary of buying assets abroad

NDRC accelerates release of advanced coal production capacity; China to base new shipbuilding giant in Shanghai; PetroChina swings to profit on strong oil prices

The energy giant recovered from a pandemic-induced 30 billion yuan loss in the first half of last year, posting a 29% surge in revenue

PetroChina’s Yunnan refinery process more than 40 million tons of crude; Southern Grid posts a 5.2% jump in electricity sales; another hydropower station starts operating

Huadian also completes second round of asset restructuring; Jiangling Motors’ June vehicle sales fall; profits surge for Azure, Zijin Mining and Tongling Nonferrous Metals

Country’s three energy majors are rushing to formulate and roll out new strategies following last year’s creation of PipeChina

Xining Special Steel faces a potential ownership change; cement prices weaken as demand ebbs; PetroChina finds giant oil shale field

More energy-sector officials are probed for corruption; Chinese companies link up to develop zero-emissions technology for ships

Li Anqi was previously a vice president in the oil major’s division that oversees Changqing, China’s largest oil field in the country’s northwest

A 30% jump in gas prices also fueled strong first-quarter earnings as China emerges from Covid-19 shock

Kunlun Energy will sell a 60% stake in a Beijing pipeline and a 75% stake in its Dalian gas company for 40.9 billion yuan

Some 30 people, including over 20 PetroChina employees, are being investigated for stealing oil

PipeChina combines $73.6 billion of assets from state-owned energy giants PetroChina, Sinopec and CNOOC to create national energy transmission system

Retired Communist Party official from Shanxi gas subsidiary and chief engineer in Shaanxi under scrutiny