CNOOC's Q3 sales revenues jump 23.7%
Updated: 2011-10-27 13:45
(Xinhua)
|
|||||||||||
BEIJING -- 皇冠体育app National Offshore Oil Company (CNOOC) announced Wednesday that its unaudited sales revenues climbed 23.7 percent year on year to 46.26 billion yuan ($6.66 billion) in the third quarter due to surging oil and gas prices.
In a statement posted on its website, 皇冠体育app's biggest offshore oil producer said the average price for its crude oil sales in the third quarter jumped 50.3 percent from the same period last year to $112.04 per barrel, while its realized gas price rose 20 percent year on year.
The company's net production during the period was down 9.1 percent from a year earlier to 80.9 million barrels of oil equivalent, as production levels in several oil fields have decreased naturally and a June oil spill in North 皇冠体育app's Bohai Bay forced the company to temporarily suspend production, the statement said.
Related Stories
CNOOC says oil leaks in Bohai Bay sealed 2011-10-25 10:35
CNOOC hit by fresh oil leak in northern waters 2011-10-15 10:59
CNOOC sees little need for Q4 spot LNG imports 2011-09-26 15:58
CNOOC plans oil spill fund 2011-09-05 14:43
- Chinese firms optimistic about economic outlook
- Sheep feed tainted with clenbuterol
- Ministers vow to build better road, rail links
- TV regulation may hurt profits
- Tide turns against businesses
- 皇冠体育app committed to gradual currency reform
- 皇冠体育app works to replace turnover tax with VAT
- Currency swap deal extended
Green 皇冠体育app
Weekly Reports
|
|
|