china oil giants suffer from dropping crude prices
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

China Oil Giants Suffer from Dropping Crude Prices

Arab Today, arab today

Arab Today, arab today China Oil Giants Suffer from Dropping Crude Prices

CNPC
Beijing - QNA

Despite rising output, China's major oil producers posted lackluster performance in the first half of the year weighed upon by dropping global crude prices, according to China's News Agency (Xinhua).

China National Petroleum Corporation (CNPC) registered a nearly 97.9% decline in its net profit, making only 531 million yuan about( 80 million U.S. dollars), while China National Offshore Oil Corporation (CNOOC) saw a loss of 7.74 billion yuan.

However, the oil yields of CNPC and CNOOC rose 1.7 percent and 0.6% year on year, respectively. Another oil giant, Sinopec Group has yet to release its half-year financial report.

Source : QNA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china oil giants suffer from dropping crude prices china oil giants suffer from dropping crude prices

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china oil giants suffer from dropping crude prices china oil giants suffer from dropping crude prices

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation

GMT 12:26 2017 Friday ,03 February

Woman in Portugal swept away by sea wave

GMT 10:29 2016 Monday ,29 August

Singapore wages war on Zika-bearing mosquitoes

GMT 10:37 2017 Wednesday ,11 January

Offers services to Trump

GMT 01:36 2017 Wednesday ,06 September

Saudi minister slams Hezbollah as ‘party of Satan’

GMT 23:52 2017 Tuesday ,17 October

3 mosques shut down in France on radicalism grounds

GMT 07:57 2016 Saturday ,19 November

Garcia, Molinari top in Dubai golf

GMT 09:42 2017 Wednesday ,18 October

Ahmed Mekki aspires to present a new song

GMT 10:35 2016 Saturday ,15 October

Agreement in Kigali on phaseout of HFC gases
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday