CNOOC Ltd

CNOOC Ltd. has announced a major breakthrough in its exploration efforts in the South China Sea, discovering a new deposit of metamorphic rock that could significantly impact the company’s production capabilities and financial performance.

CNOOC Ltd., a major energy company, operates in a dynamic market with fluctuating stock prices, influenced by broader market trends and economic indicators.

CNOOC Ltd., China’s largest offshore oil driller, reported a decline in profits for Q1 2025 due to lower global oil prices, despite increased output.