MARKETS

PetroChina mulls energy marketing business spin-off

PETROCHINA, the listed subsidiary of state run energy major CNPC, and China's largest oil and gas producer, is weighing a plan to carve out its marketing and trading business and seek a separate listing, BNN Bloomberg reported yesterday, citing people with knowledge of the matter.

Tim Daiss

PetroChina mulls energy marketing business spin-off

CNPC has asked external consultants to provide proposals on the feasibility of such a plan, said the people who asked not to be identified as the information is confidential. A surge in oil prices earlier...

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