PetroChina Co., the country’s biggest oil and gas producer, is weighing a plan to carve out its marketing and trading business and seek a separate listing, people with knowledge of the matter said.
China National Petroleum Corp., the state-owned parent of PetroChina, 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 this year prompted the Beijing-based firm to consider monetizing the business, the people said.
PetroChina Considering Spinoff of Energy Marketing Business, Sources Say & Latest News Update
PetroChina Considering Spinoff of Energy Marketing Business, Sources Say & More Live News
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PetroChina Considering Spinoff of Energy Marketing Business, Sources Say & More News Today
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