CNOOC Ltd profit dives

China’s CNOOC Ltd is braced for the “severe economic environment” to continue for at least the rest of the year as the state player saw first-half profit slashed despite improved output.

Making less: at CNOOC Ltd in the first half on lower oil and gas prices
Making less: at CNOOC Ltd in the first half on lower oil and gas prices
Published 26 August 2015, 11:54Updated 26 August 2015, 12:18
Asia & Oceania