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

https://mins.news/en/item/32986

- South China Morning Post, 2026-08-26 11:08 UTC
- Economy
- Original: https://www.scmp.com/business/china-business/article/3365343/chinas-cnooc-rakes-record-first-half-profit-high-oil-prices-amid-iran-war?utm_source=rss_feed

> 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.