Thursday, 24 October 2019

China’s CNOOC says COSCO sanctions have impact but oil and gas output unaffected

Beijing — CNOOC, China’s largest offshore oil and gas producer, on Thursday said it would be affected by U.S. sanctions on its COSCO shipping firm but there would be no impact on its oil and gas production. “(The sanctions) will have some impact on our business when shipping oil and gas from overseas oilfields back […]

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