Despite weaker oil prices, CNOOC’s 00883 first-half 2023 net profit of CNY 63.8 billion, down 11% year on year, was largely in line with the Refinitiv consensus. However, the results beat our ...

By Sam Li and Chen Aizhu April 28 (Reuters) - China's CNOOC Ltd posted a 7.1% rise in first-quarter net profit on Tuesday as the Iran war pushed up global oil prices and the offshore oil and gas major ...

In a report released yesterday, from Bank of China maintained a Buy rating on CNOOC Limited, with a price target of HK$34.69. The company’s shares closed yesterday at HK$29.38. CNOOC Limited has an ...

Cnooc Ltd. has paused a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion in a deal, according to people familiar with the matter. Initial offers failed ...

HONG KONG, April 28, 2026 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883 (HKD counter) and 80883 (RMB counter), SSE: 600938) today announced its operating results for the first quarter of ...

CNOOC’s 00883 cumulative nine months 2023 net profit was down 10.2% year on year to CNY 97.6 billion, largely in line with the Refinitiv consensus. The impact of lower energy prices was partly offset ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. CNOOC forecasts oil prices to remain between $75 and $85 per ...

HONG KONG, Oct. 27, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Penglai 19-3 Oilfield Area 5/10 Development ...

Chinese offshore operator CNOOC Ltd is set to use electricity transmitted from shore to power operations to help cut CO 2 emissions. The replacement by green electricity is a key solution for the ...

Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery kept a lid on domestic demand. The Chinese offshore driller’s net income declined 8.1% ...