Plunging global crude oil prices crimped the 2015earnings of China’s big-three oil companies,according to their annual reports.The net profits of Petro China,China’s top oil and gas company by production at home,shr...Plunging global crude oil prices crimped the 2015earnings of China’s big-three oil companies,according to their annual reports.The net profits of Petro China,China’s top oil and gas company by production at home,shrank 66.9 percent to 35.52 billion yuan in 2015,the lowest profit since 1999.Sinopec Corp.,the country’s the largest oil refiner,saw its net profit decline 30 percent year on year to 32.4 billion yuan in 2015,the worst展开更多
文摘Plunging global crude oil prices crimped the 2015earnings of China’s big-three oil companies,according to their annual reports.The net profits of Petro China,China’s top oil and gas company by production at home,shrank 66.9 percent to 35.52 billion yuan in 2015,the lowest profit since 1999.Sinopec Corp.,the country’s the largest oil refiner,saw its net profit decline 30 percent year on year to 32.4 billion yuan in 2015,the worst
