PetroChina puts sprawling pipeline assets in $12bn company

*Energy giant says it wants to boost efficiency, assets’ value *Shift comes against backdrop of Chinese overhaul of SOEs 25 December 2015, Shanghai – Chinese energy giant PetroChina Co. is putting a sprawl of pipeline operations into a single company with a registered capital of 80 billion yuan ($12.4 billion), saying it wants to improve […] More »