Company Overview - China National Offshore Oil Corporation (CNOOC) stock price is reported at 25.85 yuan, down by 0.36 yuan from the previous trading day [1] - The opening price was 26.19 yuan, with a high of 26.25 yuan and a low of 25.83 yuan [1] - Trading volume reached 437,096 hands, with a total transaction amount of 1.133 billion yuan [1] Industry Performance - The oil and petrochemical industry showed weak performance on August 11, with a decline of 0.41% [1] - The main funds in this sector experienced a net outflow of 609 million yuan, with CNOOC leading the outflow at 222 million yuan [1] - Over the past five days, CNOOC has seen a cumulative net outflow of 344 million yuan [1] Business Operations - CNOOC is the largest offshore oil and gas producer in China, primarily engaged in oil and gas exploration, development, and production [1] - The company's operations cover major oil and gas production areas in China's maritime regions, including Bohai Sea and South China Sea [1]

Investment Rating - The report maintains an "Overweight" rating for the petrochemical industry [6] Core Viewpoints - OPEC+ has significantly increased production, with a planned increase of 547,000 barrels per day in September, canceling a previously announced reduction of 2.2 million barrels per day [1][2] - Oil prices have declined due to OPEC+ production increases and easing geopolitical tensions, with Brent and WTI crude oil prices reported at $66.32 and $63.35 per barrel, down 4.6% and 5.8% respectively [1][2] - The geopolitical landscape remains uncertain, particularly regarding the upcoming meeting between the US and Russian presidents, which may influence the Russia-Ukraine conflict and oil prices [3][20] - The demand peak for oil is nearing its end, with potential oversupply risks in Q3 and Q4, as global oil demand growth is projected to be the lowest since 2009, with an increase of only 700,000 barrels per day expected in 2025 [4][21] Summary by Sections OPEC+ Production and Market Dynamics - OPEC+ has fully canceled its voluntary production cuts, with a cumulative increase of 2.464 million barrels per day in 2025 [2][13] - The market is closely monitoring OPEC+'s stance on its remaining production cuts, particularly the 1.65 million barrels per day reduction [2][13] Geopolitical Factors - The upcoming US-Russia presidential meeting is anticipated to address key issues, including the Russia-Ukraine conflict and tariffs on Indian oil imports, which may affect oil supply dynamics [3][20] Supply and Demand Outlook - The IEA forecasts a seasonal peak in refinery output of 85.4 million barrels per day from May to August 2025, but overall oil demand remains under pressure, with growth expectations downgraded [4][21] - The report highlights the risk of inventory build-up in the latter half of the year due to supply exceeding demand [4][21] Investment Recommendations - The report suggests a positive long-term outlook for major oil companies and oil service sectors, recommending specific companies such as China National Petroleum, Sinopec, and CNOOC [5]

Group 1 - The core viewpoint of the article highlights the performance and holdings of the Invesco Great Wall State-Owned Enterprise Value Mixed A Fund, which has shown positive returns since its inception [1] - The fund's latest net value is 1.3466 yuan, with a weekly return of 3.11%, a three-month return of 11.11%, and a year-to-date return of 11.74% [1] - The fund was established on May 30, 2023, and as of June 30, 2025, it has a total scale of 295 million yuan [1] Group 2 - The top ten stock holdings of the fund include Zijin Mining, China Mobile, Shenhuo Holdings, Tencent Holdings, China National Offshore Oil Corporation, Chuan Yi Co., Ltd., Sinopharm Group, Zhuhai Smelter Group, Yun Aluminum, and CRRC Corporation, with a combined holding percentage of 52.32% [1]

Group 1 - The latest stock price of China National Offshore Oil Corporation (CNOOC) is 26.21 yuan, with an increase of 0.05 yuan from the previous trading day. The intraday high reached 26.38 yuan, and the low was 26.01 yuan, with a total trading volume of 7.62 billion yuan and a turnover rate of 0.97% [1] - CNOOC is the largest offshore oil and gas producer in China, primarily engaged in oil and gas exploration, development, and production. The company's operations cover conventional oil and gas, shale oil and gas, and coalbed methane resources, with multiple oil and gas fields in the Bohai Sea, western South China Sea, eastern South China Sea, and East China Sea [1] - The latest announcement from the company indicates that the Yellowtail project in the Stabroek block of Guyana has commenced production ahead of schedule. The project has a designed capacity of 250,000 barrels per day, which will increase the total capacity of the block to 900,000 barrels per day. CNOOC holds a 25% stake in this block through its wholly-owned subsidiary [1]

Core Insights - ExxonMobil has successfully launched its fourth deepwater project, Yellowtail, which has a production capacity of 250,000 barrels of oil per day (bpd), increasing the total Stabroek capacity to 900,000 bpd, surpassing previous expectations [3][4] - The Yellowtail project is a significant milestone for ExxonMobil and reflects the company's commitment to long-term growth in Guyana, with over 67% of the oil-and-gas workforce being Guyanese and more than 2,000 local businesses involved [4] - The Stabroek operations are on track to reach a production capacity of 1.7 million bpd by 2030, positioning Guyana among the top 15 oil-producing nations globally [4] Company Operations - ExxonMobil operates the Stabroek consortium with a 45% working interest, while CNOOC holds 25% and Chevron owns 30% following a successful arbitration case [6] - The Yellowtail operations utilize the ONE GUYANA floating production, storage, and offloading (FPSO) vessel, which has a storage capacity of 2 million barrels and an initial production capacity of 250,000 bpd [7] Economic Impact - Guyana has become the fastest-growing economy globally since 2020, with the government generating $6.2 billion in revenues by the end of 2024, and projections indicate revenues could reach $10 billion annually by 2030 [8][9] - Cumulative investments by the consortium partners in Guyana have reached $55 billion, with expectations for continued growth as the project expands [9]

Core Insights - CNOOC announced the early production commencement of the Yellowtail project in Guyana, located in the Stabroek block at a water depth of 1600-2100 meters [1] Group 1: Project Details - The Yellowtail project includes one Floating Production Storage and Offloading (FPSO) unit and one subsea production system, with plans for 26 production wells and 25 water injection wells [1] - The FPSO is the largest in the Stabroek block, designed with a storage capacity of approximately 2 million barrels [1] Group 2: Production Capacity - The Stabroek block currently has an average daily crude oil production of about 650,000 barrels from the Liza Phase 1, Liza Phase 2, and Payara projects [1] - The Yellowtail project is expected to add a production capacity of 250,000 barrels per day, increasing the total production capacity of the Stabroek block to 900,000 barrels per day [1]

圭亚那Stabroek区块Liza一期、Liza二期以及Payara项目已投产，目前区块原油平均日产量约65万桶。 Yellowtail项目产能25万桶/天，项目投产后，Stabroek区块总产能将提升至90万桶/天。 中国海洋石油有限公司全资子公司CNOOC Petroleum Guyana Limited拥有Stabroek区块25%权益，作业 者ExxonMobil Guyana Limited拥有45%权益，Hess Guyana Exploration Ltd.拥有30%权益。(燕云) 据介绍，Yellowtail项目位于圭亚那Stabroek区块，水深1600—2100米。主要生产设施包括1艘浮式生产 储卸油装置(FPSO)和1套水下生产系统，计划投产生产井26口、注水井25口。该项目FPSO为圭亚那 Stabroek区块目前规模最大的FPSO，设计储油能力约200万桶。 8月8日，中国海油（600938）宣布圭亚那Yellowtail项目已提前投产。 ...

证券代码：600938 证券简称：中国海油 公告编号：2025-023 中国海洋石油有限公司 关于 2024 年度"提质增效重回报"行动方案 评估报告暨 2025 年度"提质增效重回报" 行动方案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国海洋石油有限公司（"公司"）践行"以投资者为本"的理念，为积极 响应上海证券交易所《关于开展沪市公司"提质增效重回报"专项行动的倡议》， 公司于 2024 年 7 月制定并发布了《2024 年度"提质增效重回报"行动方案》， 将提质增效与投资者回报纳入常态化经营管理，进一步推动公司高质量发展，切 实履行上市公司责任，保障投资者权益。公司董事会于 2025 年 8 月 7 日以书面 决议方式审议通过 2024 年度"提质增效重回报"行动方案评估报告暨 2025 年度 "提质增效重回报"行动方案，现报告如下： 第一部分 2024 年度"提质增效重回报"行动方案评估报告 一、 坚持增储上产与成本管控，持续提升资产创效能力 一是增储上产成效显著，油气开发再创佳绩。公司坚持以寻找大中型 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而産生或 因依賴該等內容而引致的任何損失承擔任何責任。 （根據公司條例在香港註冊成立的有限責任公司） 股票代號：00883（港幣櫃台）及80883（人民幣櫃台） 海外監管公告 關於 2024 年度"提質增效重回報"行動方案評估報告 暨 2025 年度"提質增效重回報"行動方案的公告 本公告乃中國海洋石油有限公司（「本公司」）根據香港聯合交易所有限公司證券上市 規則第 13.10B 條而作出。 茲提述本公司在上海證券交易所網站刊登的《中國海洋石油有限公司關於2024年度"提 質增效重回報"行動方案評估報告暨2025年度"提質增效重回報"行動方案的公告》， 僅供參考。 承董事會命 中國海洋石油有限公司 徐玉高 張傳江 （董事長） 王德華 獨立非執行董事 邱致中 林伯強 李淑賢 陳澤銘 1 聯席公司秘書 香港，二零二五年八月七日 於本公告刊發日期， 董事會由以下成員組成： 執行董事 周心懷 （副董事長） 閻洪濤 穆秀平 非執行董事 证券代码：600938 证券简称 ...

金融界8月6日消息，上证指数低开高走，中证锐联香港基本面50指数 (香港F50，H11110)下跌0.11%， 报2172.36点，成交额569.32亿元。 数据统计显示，中证锐联香港基本面50指数近一个月上涨2.82%，近三个月上涨12.25%，年至今上涨 18.78%。 据了解，中证锐联香港基本面50指数从香港市场中挑选基本面价值最大的50家上市公司作为样本，采用 基本面价值加权计算，在一定程度上打破了样本市值与其权重之间的关联，避免了传统市值指数中过多 配置高估证券的现象。该指数以2004年12月31日为基日，以1000.0点为基点。 从指数持仓来看，中证锐联香港基本面50指数十大权重分别为：建设银行（11.34%）、中国移动 （7.7%）、腾讯控股（5.37%）、工商银行（5.32%）、阿里巴巴-W（4.52%）、汇丰控股（4.18%）、 中国海洋石油（4.12%）、中国银行（3.59%）、中国平安（3.41%）、农业银行（2.6%）。 从中证锐联香港基本面50指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证锐联香港基本面50指数持仓样本的行业来看，金融占比39.85%、通信服务占比 ...