CNOOC Limited, commonly known as CNOOC, is a leading Chinese offshore oil and gas producer headquartered in Beijing, China. Established in 1998, the company has rapidly expanded its operations across major regions, including the South China Sea, Bohai Bay, and international markets in Africa and North America.
CNOOC primarily focuses on the exploration, development, and production of oil and natural gas, distinguishing itself through advanced technology and a commitment to sustainable practices. The company has achieved significant milestones, including becoming one of the largest independent oil and gas companies globally.
With a robust portfolio of core products and services, CNOOC is well-positioned in the energy sector, recognised for its operational efficiency and strategic partnerships. Its notable achievements underscore its status as a key player in the global energy landscape.
+15 vs industry average
Cnooc’s score of 34 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cnooc's reported carbon emissions
In 2025, Cnooc reported total carbon emissions of approximately 1.14 billion kg CO2e, comprising 59,083,000 kg CO2e from Scope 1, 105,305,000 kg CO2e from Scope 2, and 15,643,000 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2024, where total emissions were approximately 1.18 billion kg CO2e, with Scope 1 emissions at 50,662,000 kg CO2e, Scope 2 at 151,284,000 kg CO2e, and Scope 3 at 31,874,000 kg CO2e. In 2023, total emissions were approximately 1.22 billion kg CO2e, with Scope 1 at 45,971,000 kg CO2e, Scope 2 at 133,945,000 kg CO2e, and Scope 3 at 35,918,000 kg CO2e. Cnooc has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented SBTi (Science Based Targets initiative) reduction targets. The company does not appear to have cascaded emissions data from a parent organization, indicating that its reported figures are independently sourced. Overall, Cnooc's emissions data reflects a commitment to transparency, although further details on reduction strategies and climate pledges are currently lacking.
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Cnooc’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Cnooc yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Cnooc
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