Page 16 - Cnooc News Today

Hong Kong stocks fell on Friday as investors were rattled by reports of Israeli missiles hitting Iran, with the heightened Middle East tensions triggering a scramble for safe haven assets.

The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 140 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 16,380-point plateau although it's likely to open in the red on Friday.

By Kimberley Kao Oil stocks in Asia rose Friday after reports of an Israeli missile strike on Iran sent oil prices higher, helping energy companies buck broad selloffs that hit markets across...

Hanwha Ocean has reinforced its marine construction business by entering the offshore wind power market and hiring a foreign expert from a global offshore equipment provider, the shipbuilder said Friday.

Oil prices jumped overnight after explosions were reported near the Iranian city of Isfahan, but those gains dissipated Friday as officials sought to play down the latest escalation in Middle East tensions.

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Uganda has brought forward its target for net zero carbon emissions from its energy sector by three years, to 2062, energy ministry permanent secretary Irene Batebe told an oil and gas conference in Kampala.

The Hong Kong stock market on Thursday snapped the three-day winning streak in which it had rallied more than 400 points or 2.4 percent. The Hang Seng Index now sits just beneath the 17,100-point plateau although it's expected to open to the upside on Friday.

SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development…

April 12, 2024 SBM Offshore is pleased to announce that ExxonMobil Guyana Limited (“EMGL”) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct and install FPSO Jaguar. Ownership will transfer to EMGL prior to the FPSO’s installation in Guyana, and SBM Offshore expects to operate the FPSO for 10 years under the Operations and Maintenance Enabling Agreement signed ...