20 Aug 2012

CNOOC, the mainland's dominant offshore oil and gas producer, is expected to report a small decline in first-half net profit tomorrow, as a drop in output and higher production costs offset the...

4:51AM
19 Jan 2012

CNOOC, the mainland's largest offshore energy explorer, plans to produce up to 340 million barrels of oil equivalent (boe) and estimated that net production last year was 331 million to 332...

5:43AM
5 Oct 2011

China Petroleum & Chemical (Sinopec) and its parent, China Petrochemical Corporation, are considering separate listings of their assets, a move they hope will unlock billions of US dollars in...

9:14PM
6 Sep 2011

The shares of offshore oil company CNOOC fell 8.9 per cent on market uncertainty yesterday after it halted production at its oilfield in Bohai Bay because of oil leaks that began in June.

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6:49PM
3 Sep 2011

Mainland marine authorities have ordered the immediate suspension of all oil production at platforms in Penglai 19-3, China's biggest offshore oilfield.

6:30PM
2 Sep 2011

Marine authorities yesterday began checking ConocoPhillips' sealing of leaks and clean-up of oil spills in the Bohai Sea, but bad weather prevented them from delivering a report yesterday as some...

6:25PM

The American operator of troubled oil platforms in Bohai Bay has admitted that the total amount of oil that leaked around its rigs was more than double its original estimates, amid mounting...

4:57PM

The agency in charge of maritime resources has ordered ConocoPhillips China to apologise for failing to contain an oil spill in the Bohai Sea, and accused the company of taking advantage of...

4:51PM

The Bohai Bay oil spills are a black eye for operator ConocoPhillips and majority project owner China National Offshore Oil Corporation.

2:38PM

The central government has given foreign oil companies a five-year exemption from an export tax imposed on the industry last year after they complained it was at odds with a long-standing...

2:06PM

Consortium beats international groups to secure the mainland's largest overseas construction project

5:50PM

President Hu Jintao has embarked on his second African tour in three years with the clear message that China and Africa are natural partners.

3:37PM

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