CNOOC Ltd (0883.HK), the listed arm of China’s largest offshore oil and gas producer, on Thursday reported a 27.9% jump in capital spending in the third quarter amid Beijing’s push to boost oil and gas exploration and production.
Capital expenditure at CNOOC reached 19.53 billion yuan ($2.76 billion) during July-September, up from 15.27 billion yuan in the same period last year, according to a company statement filed to the Hong Kong Stock Exchange.
Brazil Energy Insight 
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