BEIJING - PetroChina Company Limited (PetroChina), China's largest oil and gas producer, said Thursday that its first half profit rose 29.4 percent year-on-year due to soaring crude oil prices and rising oil and gas output.
Special Coverage:2010 Interim Results of Listed CompaniesThe company's crude oil output rose by 1.7 percent to 425 million barrels in the first half of the year. It produced 1.15 trillion cubic feet natural gas, up 12.9 percent year-on-year.
PetroChina is the Hong Kong- and Shanghai-listed subsidiary of the China National Petroleum Corporation.
