CNOOC Ltd profit soars as oil price booms

Chinese state giant counters falling production with cost cuts and better commodity prices

Profit up: at Yang Hua-led CNOOC Ltd

Eoin O'Cinneide

Asia & Oceania East Asia China National Offshore Oil Corp Ltd Yang Hua

Published 29 March 2018, 09:45Updated 29 March 2018, 09:45