PetroChina revenues and profits plunge as Covid-19 bites

China’s top oil and gas producer has estimated a drop between 55% and 63% of its net revenues last year

Profit drop: a Chinese national flag flutters between PetroChina flags at the company''s headquarters in Beijing
Profit drop: a Chinese national flag flutters between PetroChina flags at the company''s headquarters in BeijingPhoto: REUTERS/SCANPIX
Published 1 February 2021, 08:43Updated 1 February 2021, 08:43