CNOOC Limited records 4.8% production growth in the first quarter of 2025
CNOOC Limited announced an increase in production and maintained profitability in the first quarter of 2025, despite an 8.3% drop in Brent crude oil prices compared to last year.
| Countries | Brésil, Chine |
|---|---|
| Sector | Gaz, Pétrole, Exploration production, Exploration production |
| Theme | Marchés & Finance, Résultat |
Chinese company CNOOC Limited published its operational results for the first quarter of 2025, reporting a 4.8% increase in net production, reaching 188.8 million barrels of oil equivalent. This momentum was accompanied by cost reductions and sustained profitability in a context of falling oil prices.
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