CNOOC Profit Growth to surpass Exxon, Shell on Output

22.08.2008
    CNOOC Ltd.'s first-half profit growth may be double that of Exxon Mobil Corp. and Royal Dutch Shell Plc after China's third-largest oil company increased its crude reserves and output amid record prices.     Net income probably climbed 52 percent to 22.1 billion yuan ($3.2 billion), according to the median estimate of...