摘要
With repeated blows from the crude oilprice rise, the refining sector in Chinahas suffered an overall loss in 2005. Themid-term performance statement ofPetroChina Company Ltd. shows thatthe loss in its oil refining operation wasRMB5.95 billion in the first half of 2005,a sharp contrast to a profit of RMB8.98billion gained in the same period of 2004.