Cnooc's Net Profit Fall Worse Than Expected

Cnooc, China's largest listed offshore oil and gas producer, posted a worse-than-expected 19% decline in first-half net profit as a production halt at Penglai, the site of a massive oil spill last year, lowered its output.

Topics:  cnooc   china   penglai   worse   expected   net profit   oil   

 

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