Page 11 - Cnooc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China National Offshore Oil Corp. (CNOOC) says it has bought 790 MW of solar modules from Yingli at $0.12/W through a procurement process.

The Hong Kong stock market on Tuesday snapped the three-day winning streak in which it had jumped almost 560 points or 3 percent. The Hang Seng Index now sits just above the 19,220-point plateau although it's likely to rebound again on Wednesday.

With production now at some 645,000 barrels per day (bpd) up from 98,000 bpd from its first full year of production, Guyana is now ranked as the third highest global supplier of crude outside of the established Oil Producing and Exporting Countries (OPEC).

The capacity of the guarantors utilized by ExxonMobil, Hess and CNOOC to provide the US$2B oil spill coverage in the event of a major disaster in the Stabroek Block is being questioned by Attorney-at-Law and Chartered Accountant, Christopher Ram.

Reuters - Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.