Oil Investing News » CNOOC Q1 output surge 15 percent, sales dip on lower crude

CNOOC Q1 output surge 15 percent, sales dip on lower crude

April 30, 2009 @ 3:51 am In Oil Company News

China's top offshore oil and gas producer CNOOC Ltd. produced 15 percent more oil and gas in the first quarter, but its total revenue dips 42 percent due to the sharp fall in crude prices.

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