CNOOC

CNOOC

Community score

-2.25 -55
Industry: Oil & Gas - Exploration & Production
Listing country: Hong Kong
Year added: 2020

CNOOC, incorporated in 1982 and headquartered in Beijing, China, is engaged in several key business segments within the oil and gas industry. Its core activities include Exploration and Production, where it is dedicated to the discovery and development of oil and gas resources. Expanding its footprint in the energy sector, the company is also involved in Refining, Processing, and Marketing, refining crude oil and producing as well as selling various petroleum products. The corporation has diversified its operations into the Chemicals and Chemical Engineering sector by manufacturing chemical raw materials and products and providing related chemical services. In addition, CNOOC has a substantial role in the Natural Gas and Power Generation segment, dealing not only with the exploration and production of natural gas but also with its storage and transportation, including the generation and distribution of power. While CNOOC operates predominantly within China, its reach is international, with products and services being sold across the globe. The company has exploration and production activities in multiple continents including Africa, South America, North America, and Oceania. CNOOC is recognized as a state-owned entity and their primary brand, representing its reputation and presence in the industry. (Powered by AI)

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CNOOC

Around 4 trillion m3 of freshwater is used worldwide every year1. Only 3% of Earth's available water is freshwater, and only 0.5% is for human consumption2. Industry uses around 20% of the total water use3;p7. Companies should optimize their water...

Muhammad S. February 14th, 2024
20 ratings
CNOOC

Fossil fuels provide two-thirds of the world's energy1. In 2022, the world consumed nearly 4 trillion m3 of gas5. Electricity or gas is required for lighting, cooking, heating or cooling of areas, refrigeration, running electronics, computers, app...

Ruqqaiya K. January 24th, 2024
18 ratings
CNOOC

Annually, the world generates 2 billion tonnes (t) of solid municipal waste1. About 40% of the waste generated globally is managed improperly, dumped, or openly burned, while only 14% is recycled2. Waste sent to landfills often contributes to glob...

Kanak _. January 23rd, 2024
12 ratings
CNOOC

As per the ILO, to be gender-balanced, an organization needs 40-60% of either gender1;pxii. Women’s underrepresentation limits economic development, squander human potential and leads to an unequal share of economic growth benefits2. Increasing ...

Kanak _. January 8th, 2024
14 ratings
CNOOC

Exploration of oil and gas (O&G) destroys deep-sea habitats, leads to the loss of species, and degrades entire marine ecosystems1,13. Deep-sea habitats harbour diverse and rare biota, susceptible to long-term disturbances from oil exploration3, wh...

Oluwatobi O. December 27th, 2023
30 ratings
CNOOC

A culturally diverse workplace expands people's ability to develop talents and skills by exchanging a broader range of ideas and expertise1. It also empowers people by building trust between co-workers and helps people dispel negative stereotypes ...

Ajay A. November 6th, 2023
12 ratings
CNOOC

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded by taxes paid by individuals and corporations1. Corporate taxes acco...

Augustin C. February 9th, 2024
18 ratings
CNOOC

In 2022, around 3.3 Billion (Bn) people were employed worldwide1. Job creation is crucial for society, as well as for the economy2. Employment facilitates poverty reduction and provides social protection for employees and their families3. Job crea...

Ruqqaiya K. July 17th, 2023
22 ratings
CNOOC

Around 2.3 million (Mn) workers worldwide suffer work-related injuries yearly, corresponding to an alarming figure of over 6,000 work-related deaths every day1. According to ILO, roughly 340 Mn occupational accidents & 160 Mn victims of work-relat...

Muhammad S. May 8th, 2023
20 ratings
CNOOC

About 11 million (Mn)  tonnes (t) of plastic waste end up in the oceans every year1. It takes about 20 to 500 years for plastic to break down naturally2, posing a significant threat to wild and marine life3;p13. In 2021, only 5% of plastic waste w...

Aroob A. March 30th, 2023
26 ratings

Most negative / positive SDG

+2.83
-4.74