Monday, November 5, 2007

Sign of the Times...

PetroChina 1st Firm Worth $1 Trillion
Monday November 5, 6:20 am ET
By Elaine Kurtenbach, AP Business Writer

PetroChina Becomes World's 1st Company Worth $1 Trillion After Shanghai Stock Debut

SHANGHAI, China (AP) -- PetroChina, a unit of state-owned China National Petroleum Corp., the country's biggest oil and gas producer, became the world's first company worth more than $1 trillion on Monday, surging past Exxon Mobil as the Chinese oil producer's shares nearly tripled in their first day of trading in China.




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