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Tue, Apr

CNOOC Posts 7.9% Profit Fall Despite Output Growth

CNOOC Posts 7.9% Profit Fall Despite Output Growth

Offshore Engineer

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%,

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36…

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