CNOOC Ltd Logs Higher Q1 Profit

The Chinese state-backed company reported around $5.72 billion in net income for the first quarter, up 7.1 percent from the same three-month period last year on higher realized oil prices and oil and gas sales.

CNOOC Ltd Logs Higher Q1 Profit
The Chinese state-backed company reported around $5.72 billion in net income for the first quarter, up 7.1 percent from the same three-month period last year on higher realized oil prices and oil and gas sales.

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