Channel News Asia | China Oil Giants Seek to Join Spree of Global Energy Deals Bloomberg PetroChina Co., the country biggest oil and gas producer, signaled it's looking to join a wave of global energy deals as crude's collapse makes it the right time to buy and sell assets. “Low crude prices are a good opportunity for acquisitions,” Wang ... China energy giants' H1 profits fall on low oil prices PetroChina's first-half profit drops 63% on oil market rout Oil slump hits China's energy firms |