News Snapshot:
SINGAPORE (Reuters) - China's national offshore oil and gas producer CNOOC Ltd said on Thursday it aims to raise the share of natural gas to make up half of its total output by 2035 to contribute to a national carbon neutral target by 2060. CNOOC will accelerate natural gas exploration and production both in China and overseas, and also expand its offshore wind power business as two key paths to cut greenhouse gas emissions, Xie Weizhi, chief financial officer told reporters. Currently gas accounts for 21% of its production portfolio, Xie said. CNOOC said its third-quarter revenue fell 26.8% on...
