Chinese CNOOC group to trim 2020 investment by up to 15%

Chinese CNOOC group to trim 2020 investment by up to 15%
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18.05.2020

MOSCOW (MRC) -- China National Offshore Oil Corp (CNOOC) will trim annual investment by 10% to 15% in 2020, while maintaining its goal of increasing domestic crude oil and natural gas production for the year, reported Reuters with reference toВ the company's statement. CNOOC Ltd, a listed arm of the national offshore energy producer, said during a media briefing the firm will "significan

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