I'm in Houston, looking for places to transfer, this is one of the options. Should I give it a try or stay away?

PetroChina employed about 480,000 employees in 2015, they are cutting 10% of their staff, you do the math. A mini city is going to be eliminated.

Anyone have a rough estimate of what PetroChina's Cost Per Barrel is?

Or, are they based only outside of the states. I see no layoff notes, but with oil under fifty bucks they have to be hurting just like everyone else

Petro China will take over the world - they are working on Africa first - no layoffs over there though

PC is buying assets at such a rapid rate i would not be surprised at all if petrochina is the biggest company in the world within a decade. Whit the west declining their business approach is challenged and not likely to survive in this form. On the... —  read more