PetroChina's net profit increased significantly in 2018

China Petroleum Network News

On March 21, China National Petroleum Corporation (hereinafter referred to as the company) announced that in 2018, the company closely focused on building a world-class international energy company, actively responding to the complex and ever-changing business environment, adhering to the new development concept and steady development policy. Steady progress, steady and stable, high-quality development results initially appeared, net profit increased by 130.7%.

In the past year, the company continued to deepen reforms, strengthen risk management and control, and build a high-quality development foundation. The reform of key areas was carried out steadily, the internal circulation of mining rights was carried out, the business management system of natural gas sales and gas storage was adjusted and improved, the internal marketization mechanism and the integrated assessment mechanism of refining and marketing were improved, and the enthusiasm of all levels was effectively mobilized. New achievements have been made in science and technology and management innovation. A number of landmark achievements and national awards have been obtained in science and technology research and development, new progress has been made in information technology construction, and management efficiency and efficiency have been further improved. At the same time, we will pay close attention to safety, environmental protection and risk management, solidly promote safety production and green development, conduct in-depth HSE system audits, strictly control safety in key areas, and strengthen greenhouse gas control, and the safety and environmental protection situation will be smoothly controlled.