China's Offshore Oil Production Rises Sharply in First Quarter

摘要

@@ China National Offshore Oil Corporation Limited(CNOOC Ltd.),China's largest offshore oil producer,recently released its business results in the first quarter of 2010,showing that its total net production increased 31.9 percent year-on-year to 67.3 million barrels of oil equivalent in the January-March period.The total unaudited revenue of CNOOC Ltd.in the first three months surged 118.5 percent to 30.49 billion yuan (US＄4.46 billion)due to soaring crude oil prices and increased output.