The Mideast war is having differing effects on Chinese NOCs, filling their coffers with cash while cutting off some of the ...

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 ...

(Corrects reference to price in paragraph 10 to CNOOC's average selling prices of oil and gas not CNOOC's share price) April 28 (Reuters) - China's CNOOC Ltd posted a 7.1% rise in first-quarter net ...

The Chinese state-backed company reported around $5.72 billion in net income for the first quarter, up 7.1 percent from the ...

Sinopec's access to China's strategic petroleum reserves--which can roughly cover up to 110 days of oil imports--provides a substantial buffer, but the prospect of a prolonged energy shortage has cast ...

Upstream depends on being able to display ads on our services in order to finance our journalism.

Higher crude prices and 8.6% output growth supported earnings, while capital spending increased to sustain production expansion ...

Over the past decade China has accumulated stockpiles of all kinds of commodities, from pork and rice to rare-earth metals ...

BEIJING, May 12 (Reuters) - U.S. President Donald Trump ⁠will ⁠arrive in Beijing this week for a ⁠summit with President Xi ...

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 employees work at an oil and gas processing facility in Tianjin on Dec 1. DU PENGHUI/XINHUA China National Offshore Oil Corporation (CNOOC) achieved a net output of 205.1 million barrels of oil ...