Oil Price Decline Is Harsh Test for China's Trio of Oil Companies

被引：0
|
作者：
Zhu Shiyuan
机构：
来源：
China Oil & Gas | 2015年 / 01期
关键词：
will; Oil Price Decline Is Harsh Test for China’s Trio of Oil Companies; CNPC; US; GHB; down;
D O I：
暂无
中图分类号：
F426.22 [];
学科分类号：
0202 ; 020205 ;
摘要：
The big three oil companies are learning to live with idea that crude prices may not recover soon.China National Petroleum Corporation(CNPC),China Petrochemical Corporation(Sinopec group)and China National Offshore Oil Corporation(CNOOC)are cutting spending and controlling costs to cope with crude’s plunge in the past seven months that has already crimped2014 earnings.Fu Chengyu,chairman of Sinopec,said on January 15 that profit from exploration and refining"fell off the cliff"in the fourth quarter.The old way of doing
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页码：51 / 54
页数：4
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