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
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
