CNOOC Limited Reports Strong Q1 2026 Production and Profit Growth
CNOOC Limited reported a significant increase in net production and net profit for Q1 2026, driven by higher oil and gas output and sales. The company achieved a net production of 205.1 million barrels of oil equivalent, up 8.6% year-on-year, with both domestic and international production showing growth. The company also saw a 7.1% increase in net profit attributable to equity shareholders.
Topics: CNOOC Limited cost control financial results oil and gas production reserve growth