The New York Stock Exchange
Chinese NOCs delist from NYSE
The voluntary move demonstrates the growing distance between the US and China
China’s two biggest NOCs, Petrochina and Sinopec—which together accounted for three-quarters of national oil and gas production in the first half of 2022—are set to delist from the New York Stock Exchange (NYSE) in a withdrawal that marks the end of an era. Petrochina and Sinopec notified the US Securities and Exchange Commission on 29 August that they would delist their American depositary shares (ADSs) from the NYSE. The delisting is expected to become effective 10 days later, meaning the last day of trading is expected on 8 September. The two NOCs and a petrochemicals subsidiary of Sinopec were among five US-listed Chinese state-owned enterprises (SOEs) that in mid-August announced in qui
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
