CNOOC Ltd (0883.HK)
18 Jan 2019
BEIJING/SINGAPORE, Jan 18 China National Offshore Oil Company, or CNOOC, said on Friday it aims to double its exploration activities and proven oil and gas reserves in China over the next seven years, a target that will see the state oil firm expedite capital spending.
* Outage at Gorgon, planned maintenance at Bontang support prices
LONDON A delay in receiving payment from the sale of a stake in Ugandan oilfields caused Tullow Oil to miss cash flow and debt forecasts on Wednesday, although the firm said it expected to receive the money soon and also forecast higher production.
* Net debt at $3.1 bln (Adds details CEO comment, analyst comment)
SINGAPORE, Jan 16 China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources said on Wednesday.
* LNG terminal to have 2.2 mln T/yr capacity (Adds project cost estimate in headline and paragraphs 1 and 7)
CARACAS Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected by a weekend incident in which Venezuela's navy stopped two exploration vessels the company had hired.
* CNOOC Ltd said on Tuesday its parent group China National Offshore Oil Corporation (CNOOC Group) has signed strategic agreements with nine foreign companies to conduct exploration at two oil and gas blocks in southern China
(Recasts; adds analyst comment on new exploration deals) BEIJING/SINGAPORE, Dec 19 China's CNOOC Ltd indicated a renewed commitment to oil and gas exploration on Tuesday as its chairman said it would raise spending to a record while signing strategic exploration agreements with nine firms for the South China Sea. The strategic agreements cover Blocks A and B in the Pearl River Mouth Basin in the northern section of the South China Sea, offshore Guangdong province.
CALGARY, Alberta, Nov 1 Suncor Energy Inc , Canada's second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with low prices, Chief Executive Steve Williams said on Thursday.