Petroleum stocks generally fell, CNOOC Oilfield Services (02883) fell by 5.02%. Agencies say the price of refined oil products will fall for the second time in the year
Jinwu Financial News | Petroleum stocks generally fell. CNOOC Oilfield Services (02883) fell 5.02%, while CNPC (00857), Yanchang Petroleum International (00346), and Sinopec (00386) fell 2.29%. According to Sino-Singapore Economic News, a new round of price adjustment window for domestic refined oil products will officially open. According to the General Agency, the price of refined oil products will fall for the second time in 2024. During the current pricing cycle, international crude oil prices first fell and then rose. On the supply side, the geographical conflict has gradually abated, but instability still exists. A number of OPEC+ oil producers have stated that they will firmly push for production cuts, and the pattern of tightening supply will continue. Required
延長石油國際:年報2023
Yanchang Petroleum International (00346) announces 2023 annual results with profit attributable to shareholders of HK$218 million, turning a year-on-year loss into profit
Yanchang Petroleum International (00346) announced the results for the year ended December 31, 2023. The group achieved...
YANCHANG PETRO: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Yanchang Petroleum International to Return to 2023 Profit
Yanchang Petroleum International (HKG:0346) expects a profit of around HK$575 million for the year ended Dec. 31, 2023, as compared to a loss of HK$619 million in 2022, a Monday filing posted on the H
[Yingxi Shares] Yanchang Petroleum International (00346) rose 10.59% and is expected to turn a loss into a profit of about HK$575 million in 2023
Jinwu Financial News | Yanchang Petroleum International (00346) was higher in early trading. At the end of press release, it rose 10.59% to HK$0.47, with a turnover of HK$74,900. According to Yanchang Petroleum International's announcement, the Group expects to record a profit of approximately HK$575 million for the year ended December 31, 2023, compared with a loss of approximately HK$619 million last year. The Group turned a loss into a profit in 2023, mainly due to the combination of (i) net income of approximately HK$779 million from the termination of consolidated accounts by a non-wholly-owned subsidiary in China; (ii) impairment of the Group's oil and gas assets of approximately HK$158 million; and (i)
Yanchang Petroleum International (00346.HK) Profit: Expected annual profit of approximately HK$575 million
Gelonghui, March 4 | Yanchang Petroleum International (00346.HK) announced that the Group expects to record a profit of about HK$575 million for the year ending December 31, 2023, compared with a loss of about HK$619 million last year. The Group turned a loss into a profit in 2023, mainly due to (i) net income of approximately HK$779 million from the termination of consolidated accounts by a non-wholly-owned subsidiary in China; (ii) impairment of the Group's oil and gas assets of approximately HK$158 million; and (iii) provision of approximately HK$57 million for bad debts in China's petroleum and by-products trading business.
Nation's Demand for Oil Products to Peak Before '25
The domestic demand for petroleum products may peak before 2025, amid China's green energy transition, according to a think tank.
Fangzheng Securities: Oil prices maintain fluctuating trends to provide performance support for upstream mining companies
Demand side: Financial institutions forecast a slowdown in global economic growth in 2024, and demand growth still mainly comes from developing countries.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Is Projected to Grow at a CAGR of 4.7% by 2034: Visiongain
Visiongain has published a new report entitled Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2024-2034: Forecasts by Mechanism (Miscible CO2 Injection, Immiscible CO2 Injection), by Source (Natural
National Energy Administration: Domestic oil and gas production will exceed 390 million tons in 2023, a record high
On January 15, data from the National Energy Administration showed that in 2023, domestic oil and gas production was equivalent to more than 390 million tons, a record high. It maintained a rapid growth trend of 10 million tons for 7 consecutive years, forming a new peak period for production growth.
The key “key” to a green ecology! GEM: As the global energy transition progresses, countries are increasing their investment in natural gas
Despite today's global efforts to transition energy systems from fossil fuels, almost every major region is increasing investment in infrastructure to increase the use of natural gas for power generation.
Energy Majors Fully Embracing Green Wave
China's oil giants are planning to ramp up green energy production and use more sustainable, low-carbon methods in oil production to reach carbon neutrality, as the future of the country's energy sector is likely to lie in greener alternatives.
Citi Maintains Bearish Oil View but Warns of Winter Fuels Peril -- OPIS
This year's winter fuels outlook from the commodity team at Citigroup retains an out-of-consensus bearish view on crude oil and most petroleum products but says there is potential for explosive gains should markets experience a polar vortex or geopolitical upheaval.
YANCHANG PETRO: INTERIM REPORT 2023
Yanchang Petroleum International (00346) announced interim results. Profit attributable to shareholders was HK$15.209 million, an increase of 136.3% over the previous year
Yanchang Petroleum International (00346) announced the results for the six months ended June 30, 2023, with a total revenue of 114...
YANCHANG PETRO: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Yanchang Petroleum International (00346.HK) will hold a board meeting on August 25 to approve interim results
GLONGHUI August 15丨Extended Petroleum International (00346.HK) announced that the board meeting will be held on August 25, 2023 to consider and approve the company's and its subsidiaries' interim results and announcements for the six months ended June 30, 2023, and consider the payment of interim dividends (if any).
YANCHANG PETRO: DATE OF BOARD MEETING
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