Cnooc

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Cnooc Ltd of China purchases Chesapeake US Shale Oil, Gas Assets spending 570 million

Cnooc Ltd of China purchases Chesapeake US Shale Oil, Gas Assets spending 570 mi

China's Cnooc Ltd. (CEO) is purchasing several shale oil and gas leases in America owned by Chesapeake Energy Corp. (CHK) for five hundred and seventy million US dollars in cash, in the most recent move by a Chinese oil company to know more about a technology that has changed the U. S. gas industry.

Profit doubles for Cnooc's

Profit doubles for Cnooc's

China's oil and gas producer CNOOC Ltd said its chief executive will quit and be replaced by its president, as it posted its second-best interim profit stimulated by higher crude oil prices and a rise in production.

Cnooc Announces Its Plans Over $3 Billion Takeover of Argentina’s Bridas

Cnooc Announces Its Plans Over $3 Billion Takeover of Argentina’s Bridas

Cnooc Ltd., China’s biggest offshore oil explorer, is believed to be in plans to acquire Argentina’s Bridas Group from Carlos Bulgheroni under a deal worth more than $3 billion, reveals two people familiar with the discussions.

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