China oil giant CNOOC plans $5.5 bln Shanghai listing amid heightened geopolitical risks

SHANGHAI: CNOOC Ltd, China’s top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing prioritises energy security amid rising geopolitical risks. Read full story

Source : https://www.thestar.com.my/business/business-news/2022/03/31/china-oil-giant-cnooc-plans-55-bln-shanghai-listing-amid-heightened-geopolitical-risks