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CNOOC's pcb relay output swells 15% in Q1<br>
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CNOOC's pcb relay output swells 15% in Q1
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CNOOC's output swells 15% in Q1Published: 03 May 2009 22:41:25 PST
pcb relay P-Chlorobenzotrifluoride PDH fiber optical multiplexer pearl pigment pearlescent pigment pepper mill permanent magnet personalized golf tees PET Packing Strap Extrusion Line petits hauts Petrol pump Peyton Manning jerseys PH meter pharmaceutical machinery pharmaceutical machinery phase control thyristor Phloretin PHOENIX CONNECTOR PHOENIX CONNECTOR PHOENIX TERMINAL BLOCK
CNOOC's output swells 15% in Q1Published: 03 May 2009 22:41:25 PST
- Top 5 News From ChinaKnowledge.comBYD Electronic to buy handset charger business from BYD1st home-grown jumbo jet to take maiden flight in 2014Hang Seng Index opens 348 points higher on MonChina's CGNPC, Kazakhstan sign nuclear power agreementChinese stocks open 0.37% higher on MonMay 4, 2009 (China Knowledge) - CNOOC Ltd<0883><CEO>, an arm of China's largest offshore oil company, China National Offshore Oil Corp, announced on Apr. 29 that its daily net production of oil and natural gas hit 566,860 barrels in the first quarter of this year, a year-on-year increase of 15%, sources reported.
In the period from January to March, total production of crude oil and liquids stood at 468,535 barrels per day, growing 19.7% year on year, while daily gas yield was 563 million cubic feet.
The oil developer saw overseas oil and gas output rise 30.9% to 31,481 barrels per day in the first three months.
The un-audited revenue of the enterprise, however, dived 41.9% to RMB 13.95 billion due to the low price of crude oil. In the first quarter, the firm???s average oil price plunged 53.2% to US$41.56 per barrel.
In the first three months of this year, the oil company recorded a capital expenditure of RMB 7.51 billion, of which RMB 5.62 billion was spent for oilfield development.
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