Chinese oil majors streamline operations with overseas asset sales

China’s top oil and gas companies are selling off underperforming assets and streamlining operations as part of ongoing restructuring

CNOOC Ltd's Buzzard field offshore the UK.
CNOOC Ltd's Buzzard field offshore the UK.Photo: CNOOC PETROLEUM EUROPE
Published 12 February 2025, 04:30Updated 12 February 2025, 08:29
PetroChinaSinopecCNOOC LimitedSinochemChina