HONG KONG -- CNOOC, one of the three Chinese state-owned oil and gas conglomerates, plans to list in the mainland amid pressure from U.S. authorities to delist from New York.
Target to raise $5.4 billion follows high oil price and profit surge
CNOOC plans to list on the Shanghai Stock Exchange amid U.S. sanctions. © Reuters
HONG KONG -- CNOOC, one of the three Chinese state-owned oil and gas conglomerates, plans to list in the mainland amid pressure from U.S. authorities to delist from New York.