The Business Times
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Cnooc

Energy & Commodities

Cnooc’s profit drops as low oil prices counter output growth

State-owned Cnooc’s expansion comes as China continues a world-beating renewables rollout that’s helped cap coal growth in the world’s top polluter.
Energy & Commodities

Cnooc to lift offshore wind power capacity by 40% this year

The discovery in a shallow slope zone highlights “considerable exploration potential” for other similar zones, which have typically not been seen as likely to hold major accumulations of oil and gas, CNOOC said.
International

China's CNOOC makes second big oil find in Bohai Sea

The agreement between Petronas LNG and CNOOC Gas and Power Singapore Trading & Marketing builds upon existing cooperation between the two companies.
Energy & Commodities

Malaysia’s Petronas signs LNG supply deal with China’s CNOOC

China has long sought to reduce the risk that comes with being both the world’s top consumer and its largest importer of energy.
Global Enterprise

China’s US$470 billion oil and gas splurge is just the start

A tariff war with the United States has pushed Chinese buyers to resell US-sourced cargoes and secure new supply deals as tit-for-tat tariffs drive up import costs.
Energy & Commodities

China’s Cnooc agrees LNG deal with UAE’s Adnoc amid tariff war with US

The Chinese oil and gas major said CNOOC Energy Holdings USA entered into a sales agreement with a subsidiary of Ineos relating to CNOOC’s upstream oil and gas assets in the US part of the Gulf of Mexico.
Energy & Commodities

China’s CNOOC sells US assets to Britain’s Ineos

Cnooc said net income rose to 36.9 billion yuan (S$6.8 billion), from 33.9 billion yuan last year.
Energy & Commodities

Cnooc profit rises as expanded output offsets weaker demand

CNOOC expects domestic natural gas production to maintain strong growth through 2030 and stands ready to monetise vast gas resources in Guyana, chief executive Zhou Xinhuai told the briefing.
Energy & Commodities

China's CNOOC says fossil fuel crucial for the foreseeable future

Cnooc has invested heavily in the development of China’s offshore oil and gas reserves, as part of a broader push to offset declining output from aging onshore fields.
Energy & Commodities

China’s Cnooc reports major oil and gas breakthrough in Bohai Bay

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