MINUTES
About Minutes
Back to latest

EconomyCNOOC posts record first-half profit as oil prices rise amid Iran war

China National Offshore Oil Corporation reported a record first-half net profit of 85.8 billion yuan, up 23.4 per cent from a year earlier. Higher oil prices and increased production lifted earnings amid the Iran war.

CNOOCoil pricesprofit

SSouth China Morning Post★★★☆☆2026-08-26 11:08Original

CNOOC posts record first-half profit as oil prices rise amid Iran war
CNOOC posts record first-half profit as oil prices rise amid Iran warEconomy