Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  PetroChina Company Limited    857   CNE1000003W8

PETROCHINA COMPANY LIMITED

(857)
  Report
End-of-day quote. End-of-day quote Hong Kong Stock Exchange - 10/23
2.3 HKD   +6.48%
10/22FACTBOX : China's growing niche buyers of liquefied natural gas
RE
10/22Spurred by reform, China's niche LNG buyers to pour in investments, double imports
RE
10/20PETROCHINA : Supplemental Circular
PU
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Eneos to shift joint venture with PetroChina to Chiba oil refinery

share with twitter share with LinkedIn share with facebook
09/25/2020 | 04:06am EDT
The logo of Eneos Holdings and Eneos Corporation is displayed at the company headquarters in Tokyo

Japan's biggest oil refiner Eneos Holdings Inc will shift its joint venture with PetroChina Co to Eneos' Chiba refinery after shutting the venture's Osaka refinery next month, Eneos said on Friday.

Eneos plans to close the 115,000 barrel per day (bpd) Osaka refinery that it jointly operated with Petrochina next month amid falling demand for fuel in Japan.

Eneos, formerly known as JXTG, said that the joint venture, which is 51% held by Eneos and the rest by PetroChina, will take over the 129,000-bpd Chiba refinery near Tokyo from December.

"We came to the conclusion that utilizing Chiba refinery's export capacity would contribute the most to a further development of our joint venture which is aimed at strengthening the foundation of stable energy supply in the Asia-Pacific region," Eneos said in a statement.

The Chiba refinery will process crude supplied by PetroChina and export refined products which will be marketed by PetroChina, an Eneos spokeswoman said. She declined to comment where the products will be sold.

The two companies formed the joint venture and started jointly operating the Osaka refinery in 2010, with a view that demand for oil products would grow in the Asia-Pacific region while that in Japan would decline.

The Osaka plant will be converted to an asphalt-fueled electric power station after ending refining operations.

(Reporting by Yuka Obayashi; Editing by Christian Schmollinger)


Stocks mentioned in the article
ChangeLast1st jan.
ENEOS HOLDINGS, INC. -0.44% 365.8 End-of-day quote.-26.53%
LONDON BRENT OIL 0.25% 40.55 Delayed Quote.-37.71%
PETROCHINA COMPANY LIMITED 6.48% 2.3 End-of-day quote.-41.18%
WTI 0.25% 38.67 Delayed Quote.-36.11%
share with twitter share with LinkedIn share with facebook
All news about PETROCHINA COMPANY LIMITED
10/22FACTBOX : China's growing niche buyers of liquefied natural gas
RE
10/22Spurred by reform, China's niche LNG buyers to pour in investments, double im..
RE
10/20PETROCHINA : Supplemental Circular
PU
10/20PETROCHINA : Supplemental Notice of The Third Extraordinary General Meeting of 2..
PU
10/20PETROCHINA : Supplemental Form of Proxy For The Third Extraordinary General Meet..
PU
10/20PETROCHINA : Resignation of Director
PU
10/20PETROCHINA : Resignation and appointment of supervisor
PU
10/20PETROCHINA : List of Directors and their Roles and Functions
PU
10/15PETROCHINA : Notice of Board Meeting
PU
10/05PETROCHINA : Monthly Return of Equity Issuer on Movements in Securities(9..
PU
More news
Financials
Sales 2020 2 040 B 304 B 304 B
Net income 2020 3 390 M 505 M 505 M
Net Debt 2020 343 B 51 108 M 51 108 M
P/E ratio 2020 -43,0x
Yield 2020 7,14%
Capitalization 705 B 105 B 105 B
EV / Sales 2020 0,51x
EV / Sales 2021 0,48x
Nbr of Employees 450 337
Free-Float 14,9%
Chart PETROCHINA COMPANY LIMITED
Duration : Period :
PetroChina Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PETROCHINA COMPANY LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 2,73 CNY
Last Close Price 1,98 CNY
Spread / Highest target 74,3%
Spread / Average Target 37,4%
Spread / Lowest Target -5,93%
EPS Revisions
Managers
NameTitle
Liang wei Duan President & Executive Director
Hou Liang Dai Chairman
Shou Ping Chai Chief Financial Officer & Secretary
Yue Zhen Liu Non-Executive Director
Feng Shan Zhang Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
PETROCHINA COMPANY LIMITED-41.18%106 028
SAUDI ARABIAN OIL COMPANY-3.26%1 838 873
ROYAL DUTCH SHELL PLC-58.46%97 819
TOTAL SE-42.93%87 375
GAZPROM-36.77%51 064
PETRÓLEO BRASILEIRO S.A. - PETROBRAS-33.04%47 576