National Oil Companies Quietly Set The Pace For The Next Decade
Yahoo Finance·2025-12-27 08:00

And while Western outlets fixate on earnings, Asian media have been quicker to catch the shift into transition materials. The South China Morning Post (SCMP) notes that PetroChina wants exposure to the upstream of electrification just as much as it wants downstream oil and gas. It’s not really a transition as much as it is a hedge. They’re going for whatever powers Asian industry next.The LNG side of things tells a similar story. PetroChina has been layering long-term supply deals into the 2030s, according ...