Topic - Cnooc

China National Offshore Oil Corporation, or CNOOC Group ( The CNOOC Group focuses on the exploitation, exploration and development of crude oil and natural gas in offshore China, along with its subsidiary COOEC. - Source: Wikipedia

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A motorist drives near the pumps at a Chevron gas station in Oakland, Calif., on April 25, 2017. Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors, Chevron said in a press release Monday, Oct. 23, 2023. (AP Photo/Ben Margot, File)

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge

By Michelle Chapman - Associated Press