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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

PetroChina

PetroChina’s first-half profit jumps 22% despite Iran war oil supply crunch

As LNG and EV adoption bite into traditional fuel sales, higher global crude prices help the state-backed giant deliver strong earnings.

31 Aug 2026 - 7:27PM

China energy security

China’s CNOOC rakes in record first-half profit on high oil prices amid Iran war

26 Aug 2026 - 7:08PMvideocam

China energy security

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

21 Jul 2026 - 5:19PMvideocam

China energy security

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

Chinese firms dominate the global market for machinery used to extract offshore energy – a sector that is booming amid the Iran war.

6 Jun 2026 - 11:00AM

Visitors view a model of the Haikui No 1, a new Chinese floating offshore facility, at a shipping industry expo in Tianjin. Photo: Xinhua

Hong Kong stock market

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

Media reports of a proposed memorandum of understanding boost hopes of a diplomatic resolution to the US-Israel war on Iran.

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-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

Chinese President Xi Jinping and Mozambique’s President Daniel Chapo hold talks in Beijing on April 21. Photo: AP

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

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

Hong Kong stock continued to fall on Friday. Photo: Jonathan Wong

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

Supply chain disruptions tied to the conflict could affect everything from fertiliser imports to pharmaceutical products containing saffron. Photo AFP

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

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

US President Donald Trump speaks during a press briefing at the White House on February 20, 2026, following the Supreme Court’s ruling that his tariffs exceeded his authority. Photo: Reuters

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

Yao Qian’s corruption case featured in a documentary broadcast on state television. Photo: Capco

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

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

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

Hong Kong stocks gain 0.7 per cent after falling by 0.4 per cent earlier on Thursday. Photo: Shutterstock

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

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

Tencent was Chinese mutual funds’ top stock holding in the first quarter, according to data from TX Investment Consulting. Photo: Reuters

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

Chinese LNG investments in Africa are taking off as the country tries to reduce its reliance on Australian natural gas. Photo: Reuters/Stringer

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 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

China National Offshore Oil Corporation’s oil refinery in Huizhou in southern China’s Guangdong province on July 28, 2009. Photo: Reuters

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

Large Icebergs float away as the sun rises near Kulusuk, Greenland in August 2019. Norway took over the Arctic Council’s rotating presidency on May 11, 2023 amid concerns that the work of the council on protecting the sensitive environment is at risk due to the suspension of cooperation with Moscow. Photo: AP

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

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

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China National Offshore Oil Corporation

(中国海洋石油集团有限公司)

PetroChina’s first-half profit jumps 22% despite Iran war oil supply crunch

As LNG and EV adoption bite into traditional fuel sales, higher global crude prices help the state-backed giant deliver strong earnings.

China’s CNOOC rakes in record first-half profit on high oil prices amid Iran war

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

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

Chinese firms dominate the global market for machinery used to extract offshore energy – a sector that is booming amid the Iran war.

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

Media reports of a proposed memorandum of understanding boost hopes of a diplomatic resolution to the US-Israel war on Iran.

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.

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