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MarketIntelligenceCenter.com (Free subscription) | yesterday
Petrochina (NYSE: PTR) closed yesterday at $124.90. So far the stock has hit a 52-week low of $63.94 and 52-week high of $135.92. Petrochina stock has been showing support around 122.43 and resistance in the 126.35 range. Technical indicators for the stock are Bullish and S&P gives PTR a positive 4 STAR (out of 5) buy rating. PTR appears on the Investors Observer Hedged Dividend Income list. For...
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MarketIntelligenceCenter.com (Free subscription) | 30/11/2009
Petrochina (NYSE: PTR) ended the last trading session at $124.97. So far the stock has hit a 52-week low of $63.94 and 52-week high of $135.92. Petrochina stock has been showing support around 119.90 and resistance in the 128.80 range. Technical indicators for the stock are Bullish and S&P gives PTR a positive 4 STAR (out of 5) buy rating. PTR appears on the Investors Observer Hedged Dividend Income...
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The Business Insider (Free subscription) | yesterday
The Guardian has a fascinating take on the rise of the Canadian tar sands, and the way they've hijacked power in Canada, preventing it from becoming a player in global climate change. The purpose of Canada's assault on the international talks is to protect this industry. This is not a poor nation. It does not depend for its economic survival on exploiting this resource. But the tar barons of Alberta...
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Buckdog (Free subscription) | yesterday
Here is an editorial from the China Daily on Harper's visit to the Peoples Republic of China: "Canada's Prime Minister Stephen Harper will make his first visit to China since taking office in 2006. He is aiming to not only boost trade but repair a strained relationship. Harper, leader of his nation's Conservatives party, will be in China from Dec 2-6, a trip that former Canadian prime minister...
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MarketIntelligenceCenter.com (Free subscription) | 27/11/2009
Petrochina (NYSE: PTR) closed yesterday at $130.13. So far the stock has hit a 52-week low of $63.94 and 52-week high of $135.92. Petrochina stock has been showing support around 127.18 and resistance in the 131.94 range. Technical indicators for the stock are Bullish and S&P gives PTR a positive 4 STAR (out of 5) buy rating. PTR appears on the Investors Observer Hedged Dividend Income list. For...
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The Wall Street Journal (Free subscription) | 27/11/2009
PetroChina and Royal Dutch Shell have started China's first joint development project in shale gas, in a bid to find alternative resources for the cleaner-burning fuel to meet the nation's rising demand.
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MarketIntelligenceCenter.com (Free subscription) | 26/11/2009
Petrochina (NYSE: PTR) closed yesterday at $130.13. So far the stock has hit a 52-week low of $63.94 and 52-week high of $135.92. Petrochina stock has been showing support around 127.18 and resistance in the 131.94 range. Technical indicators for the stock are Bullish and S&P gives PTR a positive 4 STAR (out of 5) buy rating. PTR appears on the Investors Observer Hedged Dividend Income list. For...
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Desdemona Despair (Free subscription) | 25/11/2009
Taxis queue up to fill their tanks on an overpass in Chongqing, China, Wednesday, November 18, 2009. Central and eastern Chinese provinces faced the worst natural gas shortage in years as supplies were diverted to snowstorm-hit northern China, while producers lacked incentives to expand output because of poor margins. Photo by Imaginechina: AP China has a new energy headache: natural gas shortages...
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MarketIntelligenceCenter.com (Free subscription) | 25/11/2009
Petrochina (NYSE: PTR) closed yesterday at $127.94. So far the stock has hit a 52-week low of $63.94 and 52-week high of $135.92. Petrochina stock has been showing support around 125.78 and resistance in the 129.02 range. Technical indicators for the stock are Bullish and S&P gives PTR a positive 4 STAR (out of 5) buy rating. PTR appears on the Investors Observer Hedged Dividend Income list. For...
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People Daily (Free subscription) | 25/11/2009
China National Petroleum Corporation (CNPC) said Tuesday that the Turkmenistan Amu Darya natural gas project, invested by its subsidiary PetroChina Co. will begin transporting natural gas to northwest China through the Central Asia Pipeline, which will begin operations next month. According to a notice on CNPC's website, the gas processing plant for the Amu Darya project began producing qualified natural...
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Maritime News (Free subscription) | 25/11/2009
In response to market speculation that China's recent natural gas shortage was caused by PetroChina's slackening of supplies, PetroChina said that its daily gas supply has increased 11.8 percent since November and that all of its facilities are in full operation. PetroChina said that it has boosted its daily processing volume from 169 million cubic meters to 189 million with a 120 million daily supply...
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The Business Insider (Free subscription) | 24/11/2009
Natural gas shortages (as much as 40 percent) are expected to continue in China, as an unexpectedly harsh winter arrived early and shows no signs of leaving anytime soon. In an effort to conserve natural gas, industrial facilities, office buildings and hotels have closed in cities in both the north and south. Chron.com: The shortages began nearly two weeks ago. On November 13, PetroChina which produces...
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MarketIntelligenceCenter.com (Free subscription) | 24/11/2009
Petrochina (NYSE: PTR) closed yesterday at $128.63. So far the stock has hit a 52-week low of $63.94 and 52-week high of $135.92. Petrochina stock has been showing support around 126.16 and resistance in the 132.70 range. Technical indicators for the stock are Bullish and S&P gives PTR a positive 4 STAR (out of 5) buy rating. PTR appears on the Investors Observer Hedged Dividend Income list. For...
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Full Comment (Free subscription) | 24/11/2009
Canada’s trade with China has never been bigger, and it’s never grown faster. According to the latest statistics, we now exchange $53-billion in goods and services with them each year, making China our second-largest trading partner after the United States. If an oil pipeline were ever built from Alberta to the west coast, you could tack on an extra $10- or $20-billion a year to those...
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LATICONOMICS (Free subscription) | 23/11/2009
The global crackdown on corporate bribery Ungreasing the wheels Governments around the world are making life difficult for corrupt firms IF EVER a clash was inevitable between one country’s commercial law and another’s business culture, it would be between America’s Foreign Corrupt Practices Act (FCPA), which seeks to punish firms that bribe government officials, and China, where...
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