Tag: PetroChinas
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PetroChina’s profits jump 62% thanks to the rise in energy prices in 2022
Chinese PetroChina’s profits recorded a record high in 2022, benefiting from the jump in global energy prices in the wake of the Russian invasion of Ukraine, as well as the increase in oil and gas production in response to Beijing’s call to avoid any new energy crisis. The company announced net income of 149 billion…