PetroChina Co Ltd - Company Profile
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PetroChina Co Ltd (PetroChina), a subsidiary of China National Petroleum Corp, is an integrated oil and natural gas company. Vertically integrated business structure, strong reserve base and improved operating performance are its strengths, even as an increase in operating expenses could be a cause for concern. Whereas an increasing demand for oil, an increase in upstream investments and strategic partnerships could provide adequate growth opportunities for PetroChina. However, fluctuations in oil and gas prices, stringent regulations and risks related to exploration and production activities could affect its operations.
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