Chinese oil & gas giant CNOOC earmarks billions for green power spending spree

State-controlled player looks to build up to 15GW of on- and offshore renewables capacity by 2025

A man stands outside the headquarters building of China National Offshore Oil Corporation (CNOOC) in Beijing.
A man stands outside the headquarters building of China National Offshore Oil Corporation (CNOOC) in Beijing.Foto: STR/AFP/Getty Images/NTB scanpix
Published 13 January 2022, 11:23Updated 13 January 2022, 11:23