Strong energy prices buoy Chinese oil giants’ 2022 profits to record high

PetroChina and CNOOC Ltd post strong earnings for last year, helped by bullish oil and gas prices

Celebration time: Beijing-headquartered PetroChina cheered strong earnings for 2022.
Celebration time: Beijing-headquartered PetroChina cheered strong earnings for 2022.Photo: REUTERS/SCANPIX
Published 22 January 2023, 07:43Updated 23 January 2023, 10:47