CNOOC Sees Potential for US China Energy Cooperation
Chinese state oil giant CNOOC sees potential for future energy cooperation with the United States. General Counsel Xu Yugao stated the company would consider investments alongside American partners.
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CNOOC LTD-H sees strong potential for energy cooperation with the United States, opening the door to future joint investments. The state-backed oil and gas producer made the announcement on Thursday morning following its half-year earnings release. Bilateral energy trade remains constrained by existing tariffs implemented during prior trade disputes between Beijing and Washington.
