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CNOOC Posts Record Profit as China Pumps More Oil at Home
CNOOC reported a record first‑half profit and increased production, attributing the gains to higher oil prices after the Iran war and con…
AI Summary
CNOOC reported a record first‑half profit and increased production, attributing the gains to higher oil prices after the Iran war and continued growth from its offshore fields. This reflects China’s domestic push to boost oil and gas output as imported energy becomes more geopolitically complex.
Read full article on OilpriceAI summaries can be wrong sometimes—always verify important details using the source article.
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