Byusnewsr1-

Feb 4, 2021

CNOOC forecasts highest investment since 2014 after 5% increase in oil and gas production – Reuters

CNOOC forecasts highest investment since 2014 after 5% increase in oil and gas production – Reuters

BEIJING / SINGAPORE (Reuters) – China’s leading offshore oil and gas company CNOOC Ltd said on Thursday that it plans to increase its capital spending this year to 90-100 billion yuan (13.93 billion to 15.48 billion dollars), the highest since 2014, as it prioritizes domestic drilling and intensifies the development of natural gas. FILE PHOTO: […]
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