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China’s CNOOC reports double-digit rise in 2024 profit as production jumps
Torsten Asmus
- China’s CNOOC (OTCPK:CEOHF) Thursday said net income rose to RMB137.9 billion ($19 billion) in 2024, up 11.4% year-on-year.
- Oil and gas sales of the company was RMB355.6 billion.
- The all-in cost was $28.52 per BOE, a decrease of 1.1% compared to a year
