Companies

CNOOC Q1 revenue up 60%

(Xinhua)
Updated: 2011-04-27 17:38
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BEIJING - China National Offshore Oil Company Limited (CNOOC Ltd), the nation's largest offshore oil and gas producer, announced Wednesday that its sales revenue jumped by almost 60 percent in the first three months driven by soaring output and prices.

Related readings:
CNOOC Q1 revenue up 60% CNOOC Ltd sets 2011 output target higher
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CNOOC Q1 revenue up 60% Cnooc eyes 12% production growth
CNOOC Q1 revenue up 60% CNOOC pays $570m to buy into US oil shale operation

The unaudited revenue totaled 48.51 billion yuan ($7.46 billion ), an increase of 59.1 percent year-on-year, the company said in its quarterly report posted on its website.

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