- Under the terms of the agreement, PetroChina will purchase as much as 2M tons/yr of LNG from Shell's Gorgon Project in Australia.
- Financial terms not disclosed.

Other headlines for [PTR]

• PTR 1/7/2009 08:38pm
  PetroChina Co Ltd CNPC unit's 2008 overseas crude production 62.2M tons, gas output 6.7B cubic meters- CNPC made new discoveries in Chad, Kazakhstan, Sudan, Oman and Indonesia last year.
  
• PTR 1/7/2009 07:07am
  PetroChina Co Ltd Shares cut to hold from buy at a boutique firm
  
• PTR 1/6/2009 09:07pm
  PetroChina Co Ltd In 2008, crude processing at the Dalian refinery rose by 7% y/y- The Dalian plant is the company's largest refinery and the refinery processed a record amount of crude in 2008. - In 2008, refining more...
  
• PTR 1/5/2009 09:07pm
  PetroChina Co Ltd Sinopec and PTR cut their prices for gasoline and diesel in Shanghai - Shanghai Securities News- PetroChina cut retail prices by more than 5% as of Dec 25. - Sinopec cut prices at about 80 of its more...
  
• PTR 1/5/2009 06:59pm
  PetroChina Co Ltd CNPC plans to acquire a 44.76% stake in a Chinese natural gas station operator from the company for up to CNY151M- No further details at this time
  

Energy sector headlines

• CMZ Today 05:40pm
  Compton Petroleum Names Tim Granger President/CEO
  
• ASTI Today 05:32pm
  Ascent Solar Technologies Files $150M mixed securities shelf (180% of market cap)
  
• OII Today 04:13pm
  Oceaneering International Guides ROV fleet utilization in mid- to high 80% range, 2008 earnings +10% y/y - filing- Expects ROV fleet utilization rate during the 4th quarter of 2008 will be in the mid to high 80% range, and more...
  
• PCX Today 04:05pm
  Patriot Coal, Inc. To cut jobs, implements prior plans to close Jupiter mine, citing market conditions- The Company announced on September 29, 2008, its intention to idle the Jupiter thermal coal facility. - In more...
  
• TMR Today 02:02pm
  Meridian Resource Corp. Names Chairman Paul Ching interim CEO