China Oil Giants Suffer from Dropping Crude Prices
China National Petroleum Corporation
Beijing - QNA
Despite rising output, China's major oil producers posted lackluster performance in the first half of the year weighed upon by dropping global crude prices, according to China's News Agency (Xinhua).
China National Petroleum Corporation (CNPC) registered a nearly 97.9% decline in its net profit, making only 531 million yuan about( 80 million U.S. dollars), while China National Offshore Oil Corporation (CNOOC) saw a loss of 7.74 billion yuan.
However, the oil yields of CNPC and CNOOC rose 1.7 percent and 0.6% year on year, respectively. Another oil giant, Sinopec Group has yet to release its half-year financial report.
- Friday ,14 December GMT 18:55 2018 Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field
- Sunday ,09 December GMT 13:35 2018 OPEC+ deal to ensure stability of oil price, that is positive for Russia
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:21 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:01 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:32 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on Thursday
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 13:23 2018 Wednesday ,31 October
The incredible shrinking car, New foldable runabout created in Israel
GMT 17:30 2017 Wednesday ,13 September
Amal Al Qubaisi discusses co-operation with Chinese officials
GMT 11:36 2016 Wednesday ,28 December
UAE Banks Needs Unified Approach To Common ProblemsGMT 04:49 2011 Monday ,11 July
Mongolia mining success brings booming sex trade
GMT 09:00 2017 Wednesday ,12 April
Colombia forces struggle to root out coca
GMT 21:42 2017 Monday ,06 February
Syria anti-Daesh forces say US sent them armored cars
GMT 20:54 2017 Friday ,17 March
Mauritanian President Receives Message from Niger Counterpart
GMT 18:35 2017 Saturday ,11 November
750,000 march for separatists' release in Barcelona
GMT 13:08 2017 Sunday ,01 January
Film review ‘Vangaveeti’: a ‘bloody’ saga of revenge for power
GMT 21:18 2016 Thursday ,22 September
Nawaz, Rouhani discuss bilateral ties, regional situation
GMT 18:31 2017 Friday ,01 September
Vietnam state oil magnate arrested in major fraud case
GMT 14:18 2017 Thursday ,09 March
CITC governor visits STC booth in Spain exhibition
GMT 04:30 2017 Friday ,10 November
Uber IPO 'target' is 2019
GMT 19:40 2017 Tuesday ,29 August
Mona used stones to decorate ornaments
GMT 13:02 2017 Wednesday ,08 March
Crash test dummies sacrifice lives for car safety
GMT 08:41 2017 Tuesday ,28 November
Beautiful Plants for Amazing Indoor Decoration
GMT 05:01 2018 Monday ,24 September
Bahrain weather forecast
GMT 21:28 2015 Monday ,20 July
Armed Forces participates in putting out fire in Siwa
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor