Ge Long Hui·2025-10-30 12:32Core Viewpoint - China National Offshore Oil Corporation (CNOOC) has approved a hedging business plan for 2026, allowing the company to engage in hedging activities related to its production and operations [1] Summary by Categories Hedging Business Plan - The board meeting on October 30, 2025, approved the hedging business plan for the year 2026 [1] - The plan allows for hedging activities related to production and operational products [1] Financial Projections - The maximum margin requirement for the hedging business at any point during 2026 is projected to not exceed $350 million [1] - The maximum contract value held on any trading day is expected to be no more than $1.5 billion, specifically for production and trade-related hedging contracts [1]