China's biggest state-owned oil and
gas producer, PetroChina, has reported a near 70% fall in net profits
for 2015, in line with earlier guidance.
Like many other major oil companies, PetroChina's profits have been hit by the fall in oil prices over the past year.
Net profits were 35.51bn yuan ($5.46bn; £3.85bn) in 2015, down from 107.17bn yuan the year before. the company said.
