[theold]

The leading Chinese oil and gas producer is withdrawing from Canada, the United States and the United Kingdom, after having had to withdraw from the New York Stock Exchange. 

He will redeploy his portfolio towards South America and Africa. 

The change comes as the United States threatens China if it buys Russian oil under sanctions.

https://www.latribune.fr/economie/intern...14157.html

[keys]

next is BABA

[cityhantam]

https://www.globaltimes.cn/page/202205/1264766.shtml

CNOOC-linked giant subsalt ultra-deepwater oil field in Brazil enters production

The phase one of Mero, a global giant subsalt ultra-deepwater oil field jointly constructed by China National Offshore Oil Corp (CNOOC), went into production in Brazil, the company told the Global Times.

The project is an important achievement for the in-depth cooperation between China and Brazil, and a significant growth point for China's overseas oil and gas production, the company said on Tuesday, adding that it will boost sustainable development of the local economy, while promoting the construction of China-proposed Belt and Road Initiative (BRI) and the international energy cooperation.

The Mero oil field is a part of Brazil's giant offshore filed-Libra Block, the third largest subsalt ultra-deepwater oil field in the world.

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