CNOOC Ltd profit plunges

CNOOC Ltd saw its profit last year plunge by 66.4% amid the low oil price environment, but the Chinese player said it will maintain a promising exploration programme with four new projects to come online this year.

Production up: Profits down
Production up: Profits down
Published 24 March 2016, 09:42Updated 18 October 2016, 05:04
Asia & Oceania