An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government ...

Exxon Mobil, leading an oil consortium, has returned a portion of Guyana's Stabroek Block to the government. This move is ...

China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project ...

Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.

Cnooc plans to raise more than $5 billion from a domestic share sale as it faces a possible delisting of its U.S. securities. Energy group aims to raise more than $5 billion while it appeals NYSE ...

Brazil's state oil firm Petrobras said on Thursday it received 10.3 billion reais ($1.9 billion) from Chinese oil and gas major CNOOC , a payment for a 5% stake in a production sharing agreement ...

CNOOC, like many of the oil and gas majors, maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 44 times in 2023 ...

CNOOC’s Hong Kong-listed shares dropped 1.1% on Monday. The move isn’t the first time that CNOOC has been targeted by Washington. Days before Trump left office in January, the US ...

China's CNOOC , has begun production at the first phase of its Bozhong 19-6 gas condensate field, according to a statement released by the company on Tuesday. Skip to main content.

“CNOOC acts as a bully for the People’s Liberation Army to intimidate China’s neighbors,” said Commerce Secretary Wilbur Ross in a statement, referring to the country’s military.

Cnooc Ltd., China’s biggest offshore oil and gas producer, plans to trim output for the first time in more than a decade as it cuts spending to cope with oil’s plunge below $30 a barrel.