petrochina

Understanding Fitch’s top-rated Asia oil & gas firms

Why have CNPC, PetroChina and Petronas secured the highest standalone credit profiles among Fitch-rated APAC O&G companies? Fitch’s Ying Wang and Muralidharan Ramakrishnan explain why they earn the top spots.

By Fitch Ratings

Beijing mounts new effort to rein in prodigal SOEs

Beijing recently unveiled guidelines to overhaul bloated state-owned enterprises amid China's slowest economic growth in 15 years. Sasac's influence to wane in the process.

September 20, 2015

CNPC and Hess sign mainland shale gas deal

The two companies have agreed a production sharing deal to exploit shale resources in northwest China.

July 25, 2013

PetroChina buys stakes in Australian LNG projects

PetroChina buys interests in two gas projects off the West Australian coast.

December 13, 2012

Societe Generale to repatriate proceeds of dim sum bond

French bank Societe Generale lends the proceeds of its renminbi bond to a China subsidiary, while CNPC uncorks big demand for its dual-tranche dollar bond.

April 15, 2012

Asian borrowers stampede into dollar bond market

PCCW, Hong Leong Bank, Shenzhen International and CNPC rush to sell dollar bonds on Thursday as market activity picks up after the Easter break.

April 12, 2012

Kunlun Energy pockets $1.35 billion from top-up placement

The LNG-focused company, which is controlled by PetroChina, attracts support from RRJ Capital and Temasek as it completes the first Asian ECM trade in the second quarter.

April 04, 2012

PetroChina to buy stake in Shell LNG project

PetroChina plans to buy a 20% stake in a Shell liquid natural gas property in Canada for more than $1 billion.

January 31, 2012

CNPC dim sum bond reflects new pricing levels

China National Petroleum Corp has to pay up to print a Rmb3 billion debut dim sum bond as pricing in the market favours investors.

October 20, 2011

PetroChina invests $5.4 billion in Canada JV

PetroChina becomes the latest Asian company to invest in oil sands, shelling out $5.4 billion in a joint venture with Canada's Encana.

February 10, 2011