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CNOOC

China’s CNOOC signs oil contract to develop Iraq’s block 7

SINGAPORE: China’s CNOOC Ltd announced on Wednesday it has signed an Exploration, Development & Production...

Published 30 Oct, 2024 10:21am

Markets

China’s CNOOC stockpiles Russian oil at new reserve base

SINGAPORE: State-run China National Offshore Oil Co, one of the country’s top importers of Russian oil, has in...

Published 16 Apr, 2024 03:38am

Markets

Philippines’ First Gen awards LNG tender for May delivery to China’s CNOOC

SINGAPORE: Philippine power producer First Gen Corp said it had awarded its tender seeking a cargo of liquefied...

Published 15 Apr, 2024 09:03am

Markets

China’s CNOOC makes 100 million ton oilfield discovery in South China Sea

BEIJING: Chinese state-owned oil and gas giant CNOOC Ltd has discovered a new reserve in the South China Sea...

Published 08 Mar, 2024 11:22am

Markets

China’s CNOOC receives approval for second LNG berth at Yancheng port

BEIJING: Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving...

Published 20 Feb, 2024 10:00am

Markets

China’s 2023 natural gas demand may rise 8%: CNOOC

TIANJIN: China’s natural gas demand this year is expected to grow by 8% from 2022 to 396.4 billion cubic metres...

Published 21 Sep, 2023 12:29pm

Business & Finance

China’s CNOOC posts 11.3pc fall in H1 profit

BEIJING: Chinese national oil and gas company CNOOC Ltd on Thursday posted a 11.3% fall in first-half profit as ...

Published 21 Aug, 2023 06:43am

Business & Finance

CNOOC reports record profits for 2022

BEIJING: China’s CNOOC more than doubled its net profit in 2022, benefiting from a year of elevated international...

Published 03 Apr, 2023 06:36am

Markets

China completes first yuan-settled LNG trade

BEIJING: Chinese national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled...

Published 30 Mar, 2023 06:35am

Markets

China completes first yuan-settled LNG trade

BEIJING: Chinese national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled...

Published 28 Mar, 2023 05:01pm

Markets

China’s CNOOC targets record oil, gas output in 2023

SINGAPORE: China’s CNOOC Ltd has raised its 2023 production target by around 8% to a record 650 million to 660...

Published 11 Jan, 2023 06:05pm

Markets

China’s CNOOC aims for 28% oil production growth at home by 2025

SINGAPORE: Chinese offshore oil and gas major CNOOC expects its annual domestic crude oil production to reach 1.2...

Published 26 Aug, 2022 06:26pm

Markets

China stocks slump to 5-week closing low on economic slowdown fears

SHANGHAI: China shares slumped on Thursday to a five-week closing low, as prolonged COVID-19 lockdowns and a lack of...

Published 22 Apr, 2022 05:36am

Markets

Chinese oil giant CNOOC to raise $4.4 bln in Shanghai listing

Chinese oil giant CNOOC Ltd said on Monday it will raise 28.08 billion yuan ($4.41 billion) in a share listing in...

Published 11 Apr, 2022 10:41am

Markets

China state refiners shun new Russian oil trades, teapots fly under radar

SINGAPORE: China’s state refiners are honouring existing Russian oil contracts but avoiding new ones despite steep...

Published 07 Apr, 2022 05:15am

Markets

China oil giant CNOOC plans $5.5bn Shanghai listing amid heightened geopolitical risks

SHANGHAI: CNOOC Ltd, China’s top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a...

Published 31 Mar, 2022 10:51am

Markets

China CNOOC to add giant new tanks at LNG terminal by end-2023

SINGAPORE: China National Offshore Oil Company, or CNOOC, aims to complete by the end of 2023 a project to install...

Published 21 Feb, 2022 05:53pm

Markets

Beijing Gas in talks over 10-year Shell LNG deal, says source

SINGAPORE: China's Beijing Gas Group aims to conclude a 10-year liquefied natural gas (LNG) supply and purchase deal...

Published 17 Feb, 2022 02:05pm

Markets

Hong Kong shares close flat

HONG KONG: Hong Kong shares finished unchanged on Monday, as gains in energy and financial stocks offset losses in...

Published 08 Feb, 2022 06:10am

Markets

Coalbed methane pipeline completed in northern China

SHANGHAI: China has completed the construction of a coalbed methane pipeline linking the northern provinces of Hebei...

Published 30 Nov, 2021 06:53am

Markets

China CNOOC’s deepwater gas field hits daily peak output

SINGAPORE: Chinese oil and gas major CNOOC Ltd’s first wholly-owned deepwater natural gas field “Shenhai No.1”...

Published 26 Nov, 2021 05:15am

Markets

China CNOOC's deepwater gas field hits daily peak output

SINGAPORE: Chinese oil and gas major CNOOC Ltd's first wholly-owned deepwater natural gas field "Shenhai No.1" was...

Published 25 Nov, 2021 09:45am

Opinion

China looks to lock in US LNG as energy crunch raises concerns

Major Chinese energy companies are in advanced talks with US exporters to secure long-term liquefied natural gas...

Published 17 Oct, 2021 04:41am

World

Hungry for fuel, China looks to the US, Europe eyes relief plans

NEW YORK: China's energy crisis deepened on Friday with coal prices hitting a record high as cold weather sweeps in...

Published 16 Oct, 2021 04:49am

Markets

China looks to lock in US LNG as energy crunch raises concerns

SINGAPORE/NEW YORK: Major Chinese energy companies are in advanced talks with US exporters to secure long-term...

Published 15 Oct, 2021 11:16am

Markets

China's CNOOC wants to buy Buzios oilfield stake for $2.1bn, says Petrobras

SAO PAULO: Chinese oil and gas firm CNOOC Ltd wants to exercise an option and acquire an additional 5% stake in...

Published 30 Sep, 2021 11:41am

Markets

Asian LNG prices rise on strong demand

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) rose for a second consecutive week and touched their...

Published 05 Jun, 2021 04:08am

Qatar pivots to LNG-hungry China in strategy shift

SINGAPORE/BEIJING: Qatar is in talks to make Chinese firms partners in its liquefied natural gas expansion project,...

Published 13 May, 2021 03:10am

Business & Finance

Russia's Novatek approves Arctic LNG 2 financing of $11bn by end-Q2

The $21 billion project, which received final investment approval in 2019, is expected to be launched in 2023 and to reach full capacity of almost 20 million tonnes per year in 2026.
Russia's Sberbank said in January it had approved financing of up to 3 billion euros ($3.5 billion) for the Arctic LNG 2.

Published 23 Apr, 2021 06:13pm

World

Uganda, Tanzania, oil firms sign accords to build $3.5bn pipeline

KAMPALA: Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the...

Updated 12 Apr, 2021 09:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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