Media Digests
Oil companies profit 146b yuan in H1
Updated: 2011-08-29 17:10
(chinadaily.com.cn)
China Petroleum & Chemical Corp (Sinopec), China's largest refiner by capacity, posted a first-half net profit of 40.2 billion yuan ($6.3 billion) on Sunday, an increase of 9.4 percent from a year earlier, the Beijing Times reported.
China National Offshore Oil Corporation (CNOOC) on Wednesday reported a 51 percent jump in interim profit, fuelled by higher crude oil prices and increased production.
PetroChina posted a flat first-half net profit on Thursday, as upstream earnings offset refining losses.
The first-half net profit of the three leading oil companies in China totaled 146 billion yuan, averaging at 800 million yuan a day.
By Sun Yuanqing
E-paper
City's dynamic teutons
German cluster gives a fillip, competitive edge to local economy in Taicang
Short and sweet
Game for growth
Character reference
Specials
Hunting grounds
Opinion divided as China debates opening door to international players
Flying the TCM flag
A small German town is home to Europe's flagship clinic for traditional Chinese medicine
Animal attraction
World's youngest chief fur designer set to launch own label and tap into huge China market.