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US-China tensions

China oil group chief blames US sanctions on 'misunderstanding'

Overseas M&A an option to meet CNOOC's natural gas output target

Hong Kong-listed CNOOC's state-owned parent group was alleged to have ties to China's military by the administration of former President Donald Trump   © AP

HONG KONG - The CEO of China oil group CNOOC has blamed its blacklisting by the U.S. on a "misunderstanding" and said he wants dialogue with Washington to resolve the issue.

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