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Tuesday, 29 December 2015

PetroChina Forms New Pipeline Unit

PetroChina Forms New Pipeline Unit
29 December 2015, Abuja – PetroChina says it has set up a new pipeline unit by bundling three subsidiaries and restructuring assets with domestic partners via equity transfers, a move that paves the way for future expansion and possible divestments. With seven-year-low oil prices hammering its revenues and a hefty debt load, PetroChina, Asia’s largest oil […] More »

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