PetroChina Company Limited (0857.HK)
- Reuters
China's oil majors face uphill climb to adapt to EV future
Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by Sinopec in December 2023 offers a glimpse of China's post-gasoline future. EV sales in the world's largest auto market are expected to account for 40% of the 23 million cars sold this year. China's gasoline demand is predicted to peak by 2025 and could halve by 2045, making a strategic shift an imperative for its biggest oil refiners and marketers, Sinopec and PetroChina.
- Zacks
ExxonMobil (XOM) Hands Over West Qurna 1 Oilfield to PetroChina
ExxonMobil (XOM) formally exits West Qurna 1 oilfield, handing over operations to PetroChina to shape the future of Iraq's oil industry.
- Insider Monkey
20 Most Valuable Chinese Companies
In this article, we will take a detailed look at the 20 Most Valuable Chinese Companies with insights into the market value. For a quick overview please read our article 5 Most Valuable Chinese Companies. China has emerged as a global economic powerhouse in recent decades, boasting the world’s second-largest economy and a rapidly growing middle class. China’s […]
