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	<title>ChinesePublicCompanies.com &#187; BP</title>
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		<title>PetroChina a Top Gainer by Market Capitalization</title>
		<link>http://chinesepubliccompanies.com/petrochina-a-top-gainer-by-market-capitalization-030/</link>
		<comments>http://chinesepubliccompanies.com/petrochina-a-top-gainer-by-market-capitalization-030/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 18:22:51 +0000</pubDate>
		<dc:creator>Thom</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[XOM]]></category>

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		<description><![CDATA[PetroChina (PTR) is a top gainer today as it benefits from the strength of the energy sector as a whole.
PetroChina Company Limited [[PTR]] is up more than 3% in late-day trading – adding more than $6.5 billion in market capitalization to the company.
The energy sector as a whole is up 1.95% on the day, though [...]]]></description>
			<content:encoded><![CDATA[<p><strong>PetroChina (PTR) is a top gainer today as it benefits from the strength of the energy sector as a whole.</strong></p>
<div id="_mcePaste" style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">PetroChina Company Limited [[PTR]] is up more than 3% in late-day trading – adding more than $6.5 billion in market capitalization to the company.</div>
<div id="_mcePaste" style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">The energy sector as a whole is up 1.95% on the day, though PetroChina&#8217;s gains are greater than competitors like Exxon Mobil Corp. [[XOM]] and BP [[BP]] but slightly behind Petroleo Brasileiro [[PBR]].</div>
<div id="_mcePaste" style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">The only news to report is that PetroChina&#8217;s parent company China National Petroleum Company announced over the weekend that PetroChina will increase crude oil capacity at its Jilin plant by a third to 200,000 barrels per day by late 2010.</div>
<div id="_mcePaste" style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow-x: hidden; overflow-y: hidden;">Last week, PetroChina reported higher refining profits for the first-half of the year thanks to a relaxing of price controls on diesel and gas by the Chinese government.</div>
<p>PetroChina Company Limited [[PTR]] is up more than 3% in late-day trading – adding more than $6.5 billion in market capitalization to the company.</p>
<p>The energy sector as a whole is up 1.95% on the day, though PetroChina&#8217;s gains are greater than competitors like Exxon Mobil Corp. [[XOM]] and BP [[BP]] but slightly behind Petroleo Brasileiro [[PBR]].</p>
<p>The only news to report is that PetroChina&#8217;s parent company China National Petroleum Company announced over the weekend that PetroChina will increase crude oil capacity at its Jilin plant by a third to 200,000 barrels per day by late 2010.</p>
<p>Last week, PetroChina reported higher refining profits for the first-half of the year thanks to a relaxing of price controls on diesel and gas by the Chinese government.</p>
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