PetroChina Ekes Out Profit Amid Oil Crash With Pipeline Sale

  • China’s biggest producer able to overcome first-quarter loss
  • Total oil and gas output slipped 1.3% from second half of 2015

PetroChina Co., the country’s biggest oil and gas producer, posted its smallest half-year profit since it was publicly listed in 2000 as the crash in oil prices continues to drag on earnings.

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