SEHK:883
SEHK:883Oil and Gas

How CNOOC’s New Buzios6 FPSO Start-Up Could Shape CNOOC (SEHK:883) Investors

CNOOC Limited has confirmed that the Buzios6 Project in Brazil’s Santos Basin has safely started production, adding an FPSO-based system with 13 planned wells and lifting the giant Buzios oilfield’s installed capacity to 1.15 million barrels per day. The Buzios6 FPSO’s combination of large-scale oil and gas processing, substantial storage, and emissions-reducing technologies highlights how CNOOC is pairing growth in deep-water output with efforts to improve environmental performance. We’ll...
SEHK:6086
SEHK:6086Consumer Retailing

Asian Penny Stocks Under US$2B Market Cap: 3 Promising Picks

As global markets continue to show resilience, with equities advancing despite geopolitical tensions, investors are increasingly exploring diverse opportunities across various regions. Penny stocks, while an older term, still capture the essence of investing in smaller or newer companies that may offer growth potential at accessible price points. In this article, we explore three Asian penny stocks that stand out for their financial strength and potential to capitalize on current market...