(Beijing, 27 April 2018) – PetroChina Company Limited ("PetroChina" or “the Company", HKSE: 0857; NYSE: PTR; SSE: 601857) today announced that the Company’s production operations remained stable, structural optimization yielded positive preliminary results, major projects progressed smoothly, every work had a good start for the year, financial position remained stable and sound, and operating results had a significant growth. All these were achieved through further execution of the initiative of broadening sources of income, reducing costs and improving efficiency. Good results were also attributable to having seized favorable opportunities brought about by the increase in international oil prices and strong domestic market demand for natural gas and adhered to the principle of steady development, amidst a moderate recovery in the global economy and stable improvement in China’s economy during the first quarter of 2018.