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China National Offshore Oil Corporation

(中国海洋石油集团有限公司)

中国海洋石油集团有限公司

The latest news, analysis and opinion on China National Offshore Oil Corporation. In-depth analysis, industry insights and expert opinion.

Chairman / President

Wang Dongjin

CEO / Managing Director

Xu Keqiang

CFO / Finance Director

Xie Weizhi

Industry

Oil / Gas / Mining

Website

cnooc.com.cn

Headquarters Address

65 Furong South Road, Tianhe District, Guangzhou, Guangdong Province, China

Stock Code

SEHK: 883

Year Founded

1982

Fuel tankers are loaded onto a ship for export to Mali at the port in Yantai, in China’s eastern Shandong province on May 18. Photo: AFP

China energy security

As Iran war drags on, China keeps tight grip on fuel exports despite eased curbs

Tight mandates remain in place to protect domestic energy security amid a resurgence of war in the Middle East.

21 Jul 2026 - 5:19PMvideocam

China energy security

How China is cashing in on a global scramble for offshore oil and gas

6 Jun 2026 - 11:00AM

Hong Kong stock market

Hong Kong stocks hit 2-month high on hopes of Middle East war ending

7 May 2026 - 5:00PMvideocam

Hong Kong stock market

China oil stocks rise as crude rally lifts Sinopec, CNOOC earnings

First-quarter earnings remain resilient as crude prices surge on Middle East tensions, tightening global supply and lifting margins.

29 Apr 2026 - 4:39PM

China’s oil stocks have been in focus since crude prices spiked following the blockade of the Strait of Hormuz. Photo: Reuters

China-Africa relations

China and resource-rich Mozambique sign minerals and security agreement

The two countries are set to survey rare earth elements while strengthening security ties in Mozambique’s conflict-ridden north.

25 Apr 2026 - 12:41PM

Hong Kong stock market

China’s CNOOC to boost oil and gas output amid Middle East strife

Country’s largest producer aims to increase output by up to 3 per cent from 2025’s record level.

26 Mar 2026 - 8:39PM

Hong Kong stock market

Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

16 Mar 2026 - 4:36PM

A general view of Exchange Square in Central, Hong Kong. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks fall further as US and Iran dig in heels amid escalating war

Stopping Iran from having nuclear weapons and threatening the Middle East is of ‘far greater interest and importance to me’, Trump says.

13 Mar 2026 - 5:02PM

China’s private sector

From oil to saffron: how US-Iran conflict is rattling Chinese retail investors

Retail investors on Chinese platforms probe companies about supply-chain risks and opportunities as tensions escalate in the Middle East.

8 Mar 2026 - 8:27PM

Hong Kong stock market

Oil surge stokes inflation fears as Middle East flashpoint rattles markets

Rising oil prices are shaking global markets as investors rethink rate-cut bets and brace for slower growth and renewed inflation.

4 Mar 2026 - 5:11PM

The spike in energy costs has revived fears of a renewed bout of inflation, raising the risk of slower global growth. Photo: AFP

Corruption in China

China’s war on corruption – is this just the end of the beginning?

More ‘tigers’ are being culled than ever before in a campaign that could be becoming the new normal.

4 Mar 2026 - 6:05AMvideocam

Hong Kong stock market

Hong Kong stocks gain by most in nearly a month on China export optimism

‘China and Hong Kong are the biggest beneficiaries’ of US court decision on tariffs, Goldman Sachs strategists and economists say.

23 Feb 2026 - 4:47PM

China’s Communist Party

How Chinese corruption busters are tracking down bribes paid in cryptocurrency

A documentary on state television highlights how a senior central bank official was bribed with a digital currency.

15 Jan 2026 - 8:34PMvideocam

China-EU relations

Trump says Greenland is ‘surrounded’ by Chinese ships. What’s the real story?

China has engaged with Greenland in areas ranging from oil and minerals to tourism. But its footprint is far smaller than Trump claims.

7 Jan 2026 - 11:12PMvideocam

Icebergs float in the water off Nuuk, Greenland. The United States aims to acquire Greenland, which is a self-governing Danish territory. Photo: AFP

Hong Kong stock market

Tech firms lead Hong Kong stock advance with rate cut ‘locked in’

Growing confidence in a US interest-rate cut overcomes concerns about an AI bubble and a contraction in mainland factory activity.

1 Dec 2025 - 4:48PM

Pedestrians walk in front of an electronic sign board showing the Hang Seng Index in Hong Kong on July 11, 2025. Photo: AFP

Hong Kong stock market

Hong Kong stocks advance as investors look for signs of easing global tensions

Traders watch closely if ‘scheduled’ talks between Xi and Trump next week could help stabilise markets rattled by geopolitical risks.

23 Oct 2025 - 4:33PM

Made in China 2025

China’s oil sector breaks new ground with export of suction anchors to Brazil

The suction caissons – developed under the Made in China 2025 project – will be used to secure deep-sea oil platforms in Brazil.

14 Jul 2025 - 7:30PMvideocam

Hong Kong stock market

Hong Kong stocks fall on rising geopolitical tensions

Israel launches air strikes targeting both nuclear and military sites and officials leading Iran’s nuclear programme.

13 Jun 2025 - 4:43PM

A man passes a foreign exchange shop in Hong Kong. Photo: Reuters

Stocks

Tencent tops Chinese mutual funds’ holdings as Hong Kong stocks gain traction

Some 1,200 mainland Chinese mutual funds held a combined 151 million Tencent shares worth US$9.5 billion at the end of the first quarter.

23 Apr 2025 - 5:00PM

China-Africa relations

As Chinese gas investments in Africa take off, oil imports sink

While China’s oil trade in Africa has dropped over recent years, there is another fuel that investors cannot get enough of.

15 Mar 2025 - 10:00PMvideocam

China economy

Opinion | The problem with China’s oil habit is not supply but demand

Drilling for deep-sea, offshore oil entails high costs and fracking carries unique challenges. Ultimately, China must drastically cut oil use.

28 Jul 2024 - 10:47AMvideocam

China’s largest self-operated offshore oilfield, Suizhong 36-1, has become its first offshore oilfield to produce over 100 million tonnes of crude oil, operator CNOOC said last month. The oilfield in Bohai Bay boasts a daily production of over 8,900 tonnes. Photo: CNOOC

China energy security

Opinion | The problem with China’s oil habit is not supply but demand

Drilling for deep-sea, offshore oil entails high costs, and fracking carries unique challenges. Ultimately, China must drastically cut oil use.

25 Jul 2024 - 1:00PM

Commodities

China’s oil refiners are slowing down after decades of growth

A prolonged property crisis has weighed on China’s economy this year, while the steady uptake of new-energy vehicles and trucks powered by gas are flashing bearish signs for future oil demand.

14 Jun 2024 - 11:45AM

Ukraine war

Opinion | Welcome thaw in Arctic relations but Russia’s shadow looms large

After two years of frosty relations and a stalled LNG project in the wake of Russia’s invasion of Ukraine, there is sign of a thaw amid pressing climate concerns: Arctic Council working group meetings are resuming virtually.

17 Mar 2024 - 10:07AM

Corruption in China

‘Voice of China’ echoes Xi’s call to double down against corruption

China Media Group chief says the state broadcaster will spread Xi’s message about the crackdown to audiences at home and abroad.

16 Mar 2024 - 8:00PMvideocam

China Media Group will spread Xi Jinping’s anti-corruption message at home and abroad, according to its chief. Photo: Reuters

Vietnam

Hanoi’s low-key approach may be central to muted confrontations with Beijing

Vietnam also has the ability to isolate maritime issues from bilateral ones, analysts say, ensuring fewer confrontations with China compared to the Philippines.

4 Feb 2024 - 9:35AMvideocam

Chinese President Xi Jinping shakes hands with General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong in Hanoi. Photo: Xinhua

China-Africa relations

Uganda to start building oil pipeline with pipes from China, as opposition mounts

First 100km of line pipes for the massive cross-border EACOP project have arrived in the port of Dar es Salaam in Tanzania. Environmental and rights groups say pristine ecosystems, biodiversity hotspots, water resources and community land are under threat.

31 Dec 2023 - 4:01PMvideocam

China energy security

Chinese oil giant CNOOC looks underground to store fuel reserves

Company has started building below-ground facility in Ningbo that promises to be cheaper to construct and operate.

10 Dec 2023 - 11:00PM

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China National Offshore Oil Corporation

(中国海洋石油集团有限公司)

As Iran war drags on, China keeps tight grip on fuel exports despite eased curbs

Tight mandates remain in place to protect domestic energy security amid a resurgence of war in the Middle East.

How China is cashing in on a global scramble for offshore oil and gas

Hong Kong stocks hit 2-month high on hopes of Middle East war ending

China oil stocks rise as crude rally lifts Sinopec, CNOOC earnings

First-quarter earnings remain resilient as crude prices surge on Middle East tensions, tightening global supply and lifting margins.

China and resource-rich Mozambique sign minerals and security agreement

The two countries are set to survey rare earth elements while strengthening security ties in Mozambique’s conflict-ridden north.

China’s CNOOC to boost oil and gas output amid Middle East strife

Country’s largest producer aims to increase output by up to 3 per cent from 2025’s record level.

Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

Hong Kong stocks fall further as US and Iran dig in heels amid escalating war

Stopping Iran from having nuclear weapons and threatening the Middle East is of ‘far greater interest and importance to me’, Trump says.

From oil to saffron: how US-Iran conflict is rattling Chinese retail investors

Retail investors on Chinese platforms probe companies about supply-chain risks and opportunities as tensions escalate in the Middle East.

Oil surge stokes inflation fears as Middle East flashpoint rattles markets

Rising oil prices are shaking global markets as investors rethink rate-cut bets and brace for slower growth and renewed inflation.

China’s war on corruption – is this just the end of the beginning?

More ‘tigers’ are being culled than ever before in a campaign that could be becoming the new normal.

Hong Kong stocks gain by most in nearly a month on China export optimism

‘China and Hong Kong are the biggest beneficiaries’ of US court decision on tariffs, Goldman Sachs strategists and economists say.

How Chinese corruption busters are tracking down bribes paid in cryptocurrency

A documentary on state television highlights how a senior central bank official was bribed with a digital currency.

Trump says Greenland is ‘surrounded’ by Chinese ships. What’s the real story?

China has engaged with Greenland in areas ranging from oil and minerals to tourism. But its footprint is far smaller than Trump claims.

Tech firms lead Hong Kong stock advance with rate cut ‘locked in’

Growing confidence in a US interest-rate cut overcomes concerns about an AI bubble and a contraction in mainland factory activity.

Hong Kong stocks advance as investors look for signs of easing global tensions

Traders watch closely if ‘scheduled’ talks between Xi and Trump next week could help stabilise markets rattled by geopolitical risks.

China’s oil sector breaks new ground with export of suction anchors to Brazil

The suction caissons – developed under the Made in China 2025 project – will be used to secure deep-sea oil platforms in Brazil.

Hong Kong stocks fall on rising geopolitical tensions

Israel launches air strikes targeting both nuclear and military sites and officials leading Iran’s nuclear programme.

Tencent tops Chinese mutual funds’ holdings as Hong Kong stocks gain traction

Some 1,200 mainland Chinese mutual funds held a combined 151 million Tencent shares worth US$9.5 billion at the end of the first quarter.

As Chinese gas investments in Africa take off, oil imports sink

While China’s oil trade in Africa has dropped over recent years, there is another fuel that investors cannot get enough of.

.css-1pcrwvc{color:#2aa191;}Opinion | The problem with China’s oil habit is not supply but demand

Drilling for deep-sea, offshore oil entails high costs and fracking carries unique challenges. Ultimately, China must drastically cut oil use.

Opinion | The problem with China’s oil habit is not supply but demand

Drilling for deep-sea, offshore oil entails high costs, and fracking carries unique challenges. Ultimately, China must drastically cut oil use.

China’s oil refiners are slowing down after decades of growth

A prolonged property crisis has weighed on China’s economy this year, while the steady uptake of new-energy vehicles and trucks powered by gas are flashing bearish signs for future oil demand.

Opinion | Welcome thaw in Arctic relations but Russia’s shadow looms large

After two years of frosty relations and a stalled LNG project in the wake of Russia’s invasion of Ukraine, there is sign of a thaw amid pressing climate concerns: Arctic Council working group meetings are resuming virtually.

‘Voice of China’ echoes Xi’s call to double down against corruption

China Media Group chief says the state broadcaster will spread Xi’s message about the crackdown to audiences at home and abroad.

Hanoi’s low-key approach may be central to muted confrontations with Beijing

Vietnam also has the ability to isolate maritime issues from bilateral ones, analysts say, ensuring fewer confrontations with China compared to the Philippines.

Uganda to start building oil pipeline with pipes from China, as opposition mounts

First 100km of line pipes for the massive cross-border EACOP project have arrived in the port of Dar es Salaam in Tanzania. Environmental and rights groups say pristine ecosystems, biodiversity hotspots, water resources and community land are under threat.

Chinese oil giant CNOOC looks underground to store fuel reserves

Company has started building below-ground facility in Ningbo that promises to be cheaper to construct and operate.

Opinion | The problem with China’s oil habit is not supply but demand