CNOOC Ltd

Latest CNOOC Ltd News and Updates

  • uploads///Iran Trade Statistics With Top Five Trading Nation in
    Miscellaneous

    Iran Could Become OPEC’s Leading Natural Gas Producer

    The market is expecting that after the ban is lifted, Iran will be the leading natural gas producer in OPEC. The cartel has been led by Saudi Arabia.

    By Rabindra Samanta
  • uploads///OPEC production
    Energy & Utilities

    OPEC and Russia: More Negative Forces for Crude Oil Market

    The EIA reported that OPEC’s crude oil production rose by 510,000 bpd (barrels per day) to 32.7 MMbpd (million barrels per day) in June 2016.

    By Gordon Kristopher
  • Energy & Utilities

    Key highlights: Schlumberger drilling group’s 3Q14 performance

    Revenues increased primarily on account of higher offshore activity in Mexico, Russia, and North America. Rig revenue from Saxon also attributed to the growth.

    By Alex Chamberlin
  • uploads///Performance of China Focused Mutual Funds
    Fund Managers

    SSE Composite Index Falls despite China’s New IPO System

    The SSE Composite Index fell by 1.8% from December 2 to December 9 and closed at 3,472.44 on December 9, 2015.

    By Lynn Noah
  • uploads///Key issues in China
    Macroeconomic Analysis

    Key for Investors: 5 Issues Are Choking Real Growth in China

    We think that 2016 will be challenging for the Chinese economy. With policy support and improved credit conditions, economic activity stabilized in 1Q16.

    By Lynn Noah
  • uploads///Portfolio Composition
    Macroeconomic Analysis

    What Are the Portfolio Compositions of CHNIX and MCHFX?

    Stocks from the financial sector form the biggest chunk of both funds. These stocks make up 33.9% of CHNIX, while forming 23.8% of the MCHFX.

    By Lynn Noah
  • uploads///Energy MWU_ INTEGRATED Gainers
    Miscellaneous

    Which Integrated Energy Stocks Are Rising This Week?

    This week, which started on October 9, 2017, China National Offshore Oil (CEO) is at the top of the list of gainers in the integrated energy sector.

    By Nicholas Chapman
  • uploads///Energy MWU_ INTEGRATED Losers
    Miscellaneous

    Integrated Energy Losses this Week: CEO, PBR, YPF, PTR

    To conclude our series on the biggest movers in the energy sector, we’ll look at the biggest losses from the US integrated energy sector this week.

    By Nicholas Chapman
  • uploads///guyana
    Company & Industry Overviews

    A Look at Hess’s Guyana Interests

    Hess’s Guyana interests Hess (HES), ExxonMobil (XOM), and CNOOC (CEO) jointly own interests in the Stabroek Block, located approximately 120 miles offshore Guyana. Hess, ExxonMobil, and CNOOC have 30%, 45%, and 25% stakes in the venture, respectively, and XOM is the operator. Hess and its partners sanctioned the first phase of a planned multiphase development of the Liza Field […]

    By Keisha Bandz
  • uploads///Energy MWU_ INTEGRATED Losers
    Miscellaneous

    Integrated Energy Losers This Week: CVE, PBR, PTR, CEO, and YPF

    Cenovus Energy is the biggest loser this week from the integrated energy sector. It has fallen from last week’s close of $11.26 to $10.17 on November 15.

    By Nicholas Chapman
  • uploads///
    Macroeconomic Analysis

    Exports Recover as China Shifts Its Base in 2017

    Chinese exports in US dollar terms fell 7.7% in 2016 compared to 2015, making it the worst decline since 2009.

    By Mary Sadler
  • uploads///China composite PMI
    Macroeconomic Analysis

    China Caixin Manufacturing PMI Expands

    The China Caixin Manufacturing PMI (Purchasing Managers’ Index) rose to 50.6 in July from 48.6 in June. This indicates renewed improvement in operating conditions.

    By Lynn Noah
  • uploads///Chinas Fixed Asset Investment Continue to Weaken
    Macroeconomic Analysis

    China’s Fixed-Asset Investments Ease in June: A Matter of Concern

    China’s urban fixed-asset investments grew by 9.0% year-over-year in the first six months of 2016, compared with a 9.6% growth from January to May 2016.

    By Lynn Noah
  • uploads///Economic Growth in China
    Macroeconomic Analysis

    What Does the World Bank Believe about Rebalancing in China?

    The World Bank projected that China’s economy will decelerate to a 6.7% growth rate in 2016, which would be 0.2 percentage points lower than one year prior.

    By David Ashworth
  • uploads///China Caixin Manufacturing PMI
    Macroeconomic Analysis

    The Caixin China Manufacturing PMI Contracted Sharply in May

    The Caixin China manufacturing PMI (or purchasing managers’ index) contracted further in May 2016 and came in at 49.2 compared to 49.4 in April.

    By Lynn Noah
  • uploads///Chinas Burgeoning Debt Burden
    Macroeconomic Analysis

    Analyzing Bullish and Bearish Views on China

    Hedge fund managers had mixed opinions about China at the SALT (SkyBridge Alternatives) Conference. The conference ended on May 13.

    By Lynn Noah
  • uploads///Chinas GDP is Slowing Down
    Macroeconomic Analysis

    When China Sneezes, the World Catches a Cold!

    China is the world’s second-largest economy. Its economy started going downhill due to sluggish global demand. This impacted its trading partners.

    By Lynn Noah
  • uploads///Total Global Debt
    Macroeconomic Analysis

    Debate about China Signals an Inflection Point for Its Direction

    Hedge fund managers such as John Burbank of Passport Capital and Michael Novogratz of Fortress Investment Group LLC turned bearish on China this year.

    By Lynn Noah
  • uploads///Chinas Export and Import
    Macroeconomic Analysis

    Did China’s Exports and Imports Slow Down in April?

    According to customs data, China’s exports to the United States—the country’s biggest market—fell 9.3% YoY in April.

    By Lynn Noah
  • uploads///China Caixin Manufacturing PMI
    Macroeconomic Analysis

    China’s Caixin Manufacturing PMI Still below Threshold in April

    China’s Caixin Manufacturing PMI fell to 49.4 in April from 49.7 in March. This indicated further deterioration in the manufacturing sector.

    By Lynn Noah
  • uploads///Chinas Export and Import
    Macroeconomic Analysis

    China’s Exports Jump: Can the Growth Be Maintained?

    According to the General Administration of Customs, China’s exports, in US dollar terms, jumped 11.5% YoY (year-over-year) in March.

    By Lynn Noah
  • uploads///China Caixin Manufacturing PMI
    Macroeconomic Analysis

    Eyeing the Threshold: Caixin China Manufacturing PMI in March

    The Caixin China Manufacturing PMI rose to 49.7 in March—its highest level 13 months—from 48.0 in February, indicating deterioration in operating conditions.

    By Lynn Noah
  • uploads///Chinas Export and Import
    Macroeconomic Analysis

    China’s Exports Fell in February amid Lackluster Global Demand

    China’s exports fell sharply by 25.4% YoY (year-over-year) in February—compared to a decline of 11.2% in January. It was the largest decline since May 2009.

    By Lynn Noah
  • uploads///CAJAXs Top Ten Invested Geographies
    Fund Managers

    Fast Facts about CAJAX

    CAJAX aims to invest 80% of its net assets in securities of companies located in the Asia-Pacific region, excluding Japan.

    By David Ashworth
  • uploads///Performance of China focused Mutual Funds
    Macroeconomic Analysis

    SSE Composite Index Rose after Rate Cut Announcement

    The SSE Composite Index rose by 4.3% from February 25 to March 3, 2016, after the PBoC announced its fifth rate cut since February 2015.

    By Lynn Noah
  • uploads///Chinas Export and Import
    Macroeconomic Analysis

    Why China’s Exports and Imports Fell Sharply in January 2016

    Some analysts believe that the unexpected drop in foreign trade was mainly due to a change in the timing of the Lunar New Year.

    By Lynn Noah
  • uploads///Performance of China focused Mutual Funds
    Macroeconomic Analysis

    Will the Year of the Monkey Bring Good Fortune to China?

    The Year of the Monkey is believed to be energetic and positive. Leading up to the New Year, the Shanghai Stock Exchange Composite Index was flat for the week ending February 5 and closed at 2,763.49 points.

    By Lynn Noah
  • Company & Industry Overviews

    A Performance Breakdown of the Invesco Pacific Growth Fund (TGRAX)

    In NAV (net asset value) terms, in the one year period ending January 2016, Invesco Pacific Growth Fund (TGRAX) came in second place among our nine funds.

    By David Ashworth
  • uploads///TGRAXs Top Ten Invested Geographies
    Fund Managers

    Get Your Essentials on the Invesco Pacific Growth Fund (TGRAX)

    The Invesco Pacific Growth Fund, under normal circumstances, will invest “at least 80% of its net assets in securities of issuers in the Pacific region.”

    By David Ashworth
  • uploads///Performance of China focused Mutual Funds
    Macroeconomic Analysis

    SSE Composite Index Was Flat from January 27 to February 3

    The SSE Composite Index was flat from January 27 to February 3. It ended at 2,739.25 points on February 3, 2016.

    By Lynn Noah
  • uploads///Chinese ADR
    Miscellaneous

    Moving Average Analysis of Chinese Oil and Gas Companies

    Chinese energy companies CNOOC, China Petroleum & Chemical, and PetroChina fell below their 100-day and 20-day moving averages by an average of 11.6%.

    By Rabindra Samanta
  • uploads///Mutual Funds Exposure to Industrials sector
    Macroeconomic Analysis

    Caixin China Manufacturing PMI Continued to Fall in January

    The Caixin China Manufacturing PMI (or purchasing managers’ index) came in at 48.4 in January, slightly up from 48.2 in December.

    By Lynn Noah
  • uploads///Chinese
    Miscellaneous

    Moving Average Analysis of Chinese Energy Companies

    Chinese energy companies CNOOC, China Petroleum & Chemical, and PetroChina Company have fallen below their 100-day and 20-day moving averages.

    By Rabindra Samanta
  • uploads///Chinese
    Miscellaneous

    Chinese Integrated Energy Companies May Rise by an Average of 25%

    The Chinese energy companies CNOOC, China Petroleum & Chemical Corporation, and PetroChina have fallen below their 100-day and 20-day moving averages.

    By Rabindra Samanta
  • uploads///Chinese integrated
    Miscellaneous

    Chinese Energy Companies Trade below Moving Averages

    Chinese energy companies CNOOC (CEO), China Petroleum & Chemical Corporation (SNP), and PetroChina (PTR) have fallen below their 100-day and 20-day moving averages by an average of 2.2% and 6%, respectively.

    By Rabindra Samanta
  • uploads///abeebaaaeeadebbff
    Miscellaneous

    Decoding China’s Diplomatic Policy for Investors

    A week after the sanctions on Iran were lifted, the growing closeness between China and Iran points toward the start of a new economic alliance.

    By Rabindra Samanta
  • uploads///Performance of China focused Mutal Funds
    Macroeconomic Analysis

    Reading the SSE Composite Index’s Reaction to China’s Latest GDP Data

    China’s GDP data grew at 6.9% in 2015 as the Chinese economy has been cooling down. This represents China’s slowest growth rate since 1990.

    By Lynn Noah
  • uploads///Worlds Crude Oil Proved Reserve Statistics in
    Miscellaneous

    Comparing the Cost of Extraction and Proven Crude Reserves

    Kuwait has the lowest cost of extraction of crude oil at $8.5 per barrel. Alternatively, Iran has a cost of extraction that lies around $12.6 per barrel.

    By Rabindra Samanta
  • uploads///Performance of China Focused Mutual Funds
    Macroeconomic Analysis

    How the SSE Composite Index Performed Last Week

    The Shanghai Stock Exchange (or SSE) Composite Index was dragged down 2.4% from December 22 to December 29 and ended at 3,563.7 points on December 29, 2015.

    By Lynn Noah
  • uploads///chart
    Macroeconomic Analysis

    How Did AQMIX Perform Compared to the Market?

    The AQR Managed Futures Strategy Fund STR I (AQMIX) uses the modern alternative hedge fund strategy “Managed Futures” for investment purposes.

    By Ivan Kading
  • uploads///Growth Rate of Chinas Industrial Profits
    Macroeconomic Analysis

    Why China’s Industrial Profits Fell Sharply in October

    According to the National Bureau of Statistics of China (or NBS), China’s industrial profits fell sharply by 4.6% in October from a year earlier.

    By Lynn Noah
  • uploads///Performance of the China Focused Mutual Funds
    Macroeconomic Analysis

    Performance of SSE Composite Index for Week Ended November 13

    The SSE Composite Index fell 0.25% and closed at 3,580.8 points for the week ended November 13, 2015. The SSE Composite Index was down after most of China’s macroeconomic indicators pointed to a slowdown.

    By Lynn Noah
  • uploads///Chinas Industrial Production is slowing down
    Macroeconomic Analysis

    China’s Industrial Production Data for August 2015

    China’s industrial production data were weaker than expected and grew by 6.1% year-over-year, or YoY, in August.

    By Lynn Noah
  • uploads///iShares China Large Cap ETF FXI
    Macroeconomic Analysis

    What Led to the Fall in China’s Forex Reserves?

    China’s stock market has been in turmoil since June 2015. Its stock market had been soaring, but after May, there was a share selloff, which led to a crash.

    By Renee Blakely
  • uploads///Performance of SSE Composite Index and China focused Mutual funds
    Company & Industry Overviews

    Turbulence in China’s Stock Market

    Due to recent stock market turbulence in China’s stock market, the SSE (Shanghai Stock Exchange) Composite Index was down 22.7% month-over-month and ended at 3,200.23 points on September 11.

    By Lynn Noah
  • uploads///shanghai composite index
    Miscellaneous

    Chinese stock market is opening up to foreign investment

    On November 17, China took its first step towards opening up its stock market to foreign investment with the Shanghai-Hong Kong Stock Connect program.

    By Surbhi Jain
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