Global EditionASIA 中文双语Français
Business
Home / Business / Companies

China National Offshore Oil gross revenue tops 750b yuan

By Zheng Xin | chinadaily.com.cn | Updated: 2020-03-26 22:42
Share
Share - WeChat
The logo of China National Offshore Oil Corp (CNOOC) is pictured at its headquarters in Beijing, China April 4, 2018. [Photo/Agencies]

China National Offshore Oil Corp said its gross revenue reached 750.9 billion yuan ($106.1 billion) last year, with total oil and gas production reaching 107 million tons of oil equivalent and oil trade volume reaching 109 million tons.

Also known as CNOOC, China's largest producer of offshore oil and gas, the corporation imported 27.69 million tons of liquid natural gas (LNG) last year. Natural gas power generation also reached 22.6 billion kilowatt hours in the past year, it said.

The company has steadily pushed forward its new energy business, including offshore wind power, while advancing studies in fields of hydrogen energy, geothermal energy and natural gas hydrate, towards a sustainable development of the country.

As many as 23 commercial discoveries were made and 30 oil and gas bearing structures were successfully appraised last year, the corporation said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE