CNOOC

Recent Articles

Philippines' Oil Still In Troubled Waters After South China Sea Ruling
Friday, July 22, 2016 The Philippines, eager to resume development of vital oil and gas reserves off its coast, will likely need to reach an accord with a Chinese government infuriated by last week's ruling that granted Manila a big victory in the South China Sea.
Philex Seeks Foreign Partner to Explore for O&G in Parts of South China Sea
Friday, July 15, 2016 Philex Petroleum is looking a foreign partner to explore for oil and gas in parts of the South China Sea.
China's Oil, Coal Output Slides in Sign of More Imports to Come
Friday, July 15, 2016 The world's biggest consumer of energy is producing less of it.
CNOOC Cutbacks at Long Lake Oil Sands Site Caps Years of Trouble
Thursday, July 14, 2016 CNOOC's decision this week to idle part of its Long Lake oil sands operation in Alberta comes after five years of problems cemented the site's reputation as one of the most troubled projects in the region.
China's Hilong to Install Jackets for Indonesia's Madura MDA-MBH Project
Monday, June 20, 2016 China's Hilong Petroleum Offshore Engineering Co. secures a contract from PT Timas Suplindo to install jackets for the Husky-CNOOC Madura Ltd.'s Madura MDA-MBH project offshore Java, Indonesia.
China's March To Biggest Oil Importer Hits US Shale Roadblock
Friday, June 17, 2016 The world's biggest oil importer. The title nobody wants.
CNOOC Appoints New CEO
Wednesday, June 15, 2016 CNOOC Limited appoints Yang Hua as its new CEO, amid a flurry of other managerial changes.
China Plans Oceanic 'Space Station' In South China Sea
Wednesday, June 08, 2016 China is speeding up efforts to design and build a manned deep-sea platform to help it hunt for minerals in the South China Sea, one that may also serve a military purpose in the disputed waters.
Primeline to Commence Arbitration Against CNOOC Over China's Offshore Block
Wednesday, May 25, 2016 Primeline Energy to commence arbitration proceedings against joint venture partner CNOOC under the provisions of the petroleum contract for Block 25/34 in East China Sea.
Canada's Oil Sands Producers Prepare to Re-Enter Evacuated Sites
Monday, May 23, 2016 All of the Canadian oil sands facilities that workers fled last week as a wildfire spread are being allowed to prepare for restart as cool, humid weather has helped contain the inferno.
No Big Bang, But Quiet Reforms Reshaping China's Oil And Gas Sector
Thursday, May 12, 2016 Expect no radical "big bang" in China's shake-up of its giant state-run energy firms, but a series of experimental and incremental steps that Beijing has quietly embarked on may still bring meaningful change to an economically crucial sector.
Primeline Enters into Phase 2 Exploration of Block 33/07 in East China Sea
Thursday, May 05, 2016 Primeline Energy enters into the second phase of its exploration commitment for Block 33/07 in East China Sea.
CNOOC's 1Q 2016 Revenue Falls to $3.8B, Down 30.7% YOY
Friday, April 29, 2016 CNOOC's revenue falls to $3.8 billion in the first quarter of 2016, down 30.7 percent from last year as low oil prices continue to weigh on the firm's turnover.
Husky Expects Madura BD Field Off Indonesia to Commence Production in 2017
Wednesday, April 27, 2016 Husky Energy expects the Madura BD field in the Madura Strait offshore Indonesia to commence production in 2017.
Husky May Take Legal Action In Gas Dispute With China Firm
Tuesday, April 26, 2016 Husky says it was confident a dispute with CNOOC over delivery payments for South China Sea gas will be resolved but warned it would take legal action against the state-owned energy company if necessary.
CNOOC Commences Production from Panyu 11-5 in South China Sea
Monday, April 25, 2016 CNOOC Limited commences production from the Panyu 11-5 oilfield, located in the Pearl River Mouth Basin of the South China Sea.
Primeline Begins Arbitration Over Zhejiang Gas' Breach of Sales Contract
Monday, April 18, 2016 Primeline Energy commences arbitration proceedings against Zhejiang Gas Natural Gas Development Company over gas sales from the LS36-1 field in East China Sea.
China Oil Giants Take Spending Cuts Deeper as Profits Shrink
Wednesday, March 30, 2016 After chopping spending by almost one-third to cope with a crash in oil prices and billions in writedowns that sent profits to the weakest since last decade, China's energy giants are cutting even deeper.
CNOOC Profit Drops 66%
Thursday, March 24, 2016 CNOOC Limited reveals in its 2015 financial results statement that its profit plunged 66.4% to $3.1 billion in 2015, compared to $9.2 billion the year before.
CNOOC Invites Bids for 18 Offshore Exploration Blocks in China
Friday, February 26, 2016 China National Offshore Oil Corp. invites foreign companies to submit bids for 18 exploration blocks located offshore China.