Taurus Petroleum also functions as a broker of oil from Ecuador, working in conjunction with PetroChina.
February 2011: PetroChina has agreed to pay $5.4 billion for a 49% stake in Duvernay shale assets owned by Encana.
Hormats told four media outlets that PetroChina, a Chinese-based oil producer, was not invested in Darfur.
In December 2012, PetroChina agreed to buy BHP Billiton's 8.3% stake in the East Browse and 20% holding in the West Browse joint venture for US$1.63 billion.