Cnooc

Latest news and articles about Cnooc from NEX English

Cnooc Reports Strong Profits Amid Rising Oil Prices

Chinese company Cnooc, a leader in offshore drilling, has announced robust profits in the first quarter of the year, benefiting from rising global oil prices due to ongoing conflicts in the Middle East. These results highlight the impact of geopolitical crises on global energy markets.

Cnooc Reports Decline in Profits Due to Falling Oil Prices

Cnooc, a major player in the oil sector, has reported a significant decline in its profits for 2025 due to falling global oil prices. Despite an increase in production, the drop in prices has adversely affected the company's revenues.