China's CNOOC sells off U.S. oil and gas interests in Gulf of Mexico

BEIJING -- Hong-Kong listed Chinese oil company CNOOC has finished selling U.S. oil and gas assets in the Gulf of Mexico amid what it warns is rising uncertainty in the energy market.

CNOOC, under the state-owned China National Offshore Oil Corp., or CNOOC Group, had agreed in December to sell the interests to British chemical group Ineos.