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CNOOC reports record profits and output growth driven by overseas projects and new discoveries.
CNOOC Limited reported record-high quarterly production and profits for 2026, with net oil and gas output rising 8.6% to 205.1 million barrels.
Sales revenue increased 9.9% to approximately RMB97 billion, while net profits climbed 7.1% to RMB39.14 billion.
Growth was driven by overseas projects like Yellowtail in Guyana and new discoveries, supported by competitive costs and increased investment in exploration.
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CNOOC reporta ganancias récord y crecimiento de la producción impulsado por proyectos en el extranjero y nuevos descubrimientos.