PetroChina's Profit Surge Masks a More Pressing Question: China's Energy Shift PetroChina's latest financials reveal a record breaking profit attributable to shareholders, up 22% year over year to RMB103.
94 billion in the first half of 2026. This performance is all the more impressive given rising fuel prices and decreased demand for conventional road fuels.
Beneath this surface level success lies a profound transformation: China's energy landscape is shifting.