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News: CNOOC Ltd (CEO.N)

CEO.N on New York Stock Exchange

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26 May 2016
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Tue, May 24 2016

BRIEF-Primeline says plans to start arbitration proceedings against CNOOC

* Sent notice of intention to commence arbitration proceedings against CNOOC group under provisions of petroleum contract for block 25/34 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

Nexen issues force majeure for May Canadian crude - sources

NEW YORK, May 12 CNOOC's Nexen is said to have issued a force majeure for 100 percent of its May production for Long Lake Heavy crude, two sources familiar with the matter said on Thursday.

CNOOC first-quarter revenue sinks 30.7 percent on weak oil; output up 5 percent

BEIJING CNOOC Ltd, China's offshore oil and gas specialist, reported a 30.7 percent plunge in first-quarter revenue as global crude prices sank to a more than 12-year low, but delivered a 5-percent growth in production over the period.

UPDATE 1-CNOOC Q1 revenue sinks 30.7 pct on weak oil; output up 5 pct

* Says no significant oil price rise seen due to fundamentals (Adds details of new fields on line; maintain 2016 output target)

China CNOOC's Q1 revenue falls 30.7 pct as oil prices dive

BEIJING, April 28 China's CNOOC Ltd, the country's offshore oil and gas specialist, reported a 30.7 percent decline in first-quarter revenue, as global oil prices sank below $40 a barrel, the company said on Thursday.

UPDATE 1-Husky may take legal action in gas dispute with China firm

CALGARY, Alberta, April 26 Husky Energy Inc said on Tuesday it was confident a dispute with China's CNOOC Ltd over delivery payments for South China Sea gas will be resolved but warned it would take legal action against the state-owned energy company if necessary.

Husky may take legal action in gas dispute with Chinese firm

CALGARY, Alberta, April 26 Husky Energy said on Tuesday it was confident a dispute with China's CNOOC Ltd over gas delivery payments from the South China Sea will be resolved, but warned it would take legal action against the state-owned energy giant if necessary.

BRIEF-Husky CEO confident Liwan dispute with CNOOC will be resolved

* CEO Asim Ghosh says confident Husky will reach a satisfactory outcome on negotiations with CNOOC Ltd over balance of payment for Liwan gas deliveries

Shell, CNOOC take final decision to expand China petrochem plant

March 22 Royal Dutch Shell Plc and China's CNOOC Ltd said they had made a final decision to double capacity of their jointly owned ethylene plant in China's Guangdong province.

BRIEF-CNOOC and Shell take final investment decision to expand petrochemical complex in China

* China National Offshore Oil Corporation and Shell Nanhai announce final investment decision to expand CNOOC and Shell Petrochemical Co (CSPC) existing 50:50 joint venture (JV) in Huizhou

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