CNOOC, China's dominant offshore oil and gas producer, posted a 17.8 per cent year-on-year third-quarter rise in output, almost entirely thanks to its US$15 billion acquisition of Canada's Nexen, as domestic output fell on a dearth of new projects.
via Business feed http://www.scmp.com/business/commodities/article/1339211/cnooc-output-rises-178-cent-after-acquisition-nexen
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