The mainland’s largest oil and gas producer China National Petroleum Corp,or Petro China,reported a 290percent rise in third-quarter net profit as the company reaped the rewards of a strong rebound in crude prices an...The mainland’s largest oil and gas producer China National Petroleum Corp,or Petro China,reported a 290percent rise in third-quarter net profit as the company reaped the rewards of a strong rebound in crude prices and deleveraging.With the other two mainland oil majors-CNOOC and Sinopec-also reporting higher thirdquarter numbers,industry analysts expected the strong rebound to continue in the fourth quarter of the year also.展开更多
文摘The mainland’s largest oil and gas producer China National Petroleum Corp,or Petro China,reported a 290percent rise in third-quarter net profit as the company reaped the rewards of a strong rebound in crude prices and deleveraging.With the other two mainland oil majors-CNOOC and Sinopec-also reporting higher thirdquarter numbers,industry analysts expected the strong rebound to continue in the fourth quarter of the year also.