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	<title>Stock Blog Hub &#187; Cnooc Ltd</title>
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		<title>(C) Citigroup Exiting Smith Barney</title>
		<link>http://www.stockbloghub.com/2009/09/17/c-citigroup-exiting-smith-barney/15449</link>
		<comments>http://www.stockbloghub.com/2009/09/17/c-citigroup-exiting-smith-barney/15449#comments</comments>
		<pubDate>Thu, 17 Sep 2009 18:44:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15449</guid>
		<description><![CDATA[Citigroup Inc.’s (C) Chief Executive Officer (CEO) Vikram Pandit indicated that the company will eventually divest its remaining stake in the Smith Barney joint venture with Morgan Stanley (MS). The CEO’s comments came at a conference sponsored by Barclays Capital. Citigroup and Morgan Stanley entered into a deal in January 2008 to combine their brokerage and wealth management units, and the resulting joint venture was named Morgan Stanley Smith Barney. Morgan Stanley, which now holds a 51% stake in the venture, paid $2.7 billion to Citigroup as part of the deal. Morgan Stanley has the option to increase its stake after three years. During the second quarter of 2009, Citigroup reported results separating them into Citicorp and Citi Holdings. The company is currently undergoing a major restructuring in its businesses ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>SunTrust Banks To Repay TARP Loan</title>
		<link>http://www.stockbloghub.com/2009/09/17/suntrust-banks-to-repay-tarp-loan/15425</link>
		<comments>http://www.stockbloghub.com/2009/09/17/suntrust-banks-to-repay-tarp-loan/15425#comments</comments>
		<pubDate>Thu, 17 Sep 2009 17:56:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Capital One Financial Corp.]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15425</guid>
		<description><![CDATA[The Chief Executive Officer [CEO] of SunTrust Banks Inc. (STI) said on Tuesday that the bank will repay the fund it received for its participation in the Troubled Asset Relief Program (TARP) as soon as it gets the regulator’s permission. The CEO also added that the credit condition of the bank is achieving stability. SunTrust has received $4.9 billion as part of the government&#8217;s $700 billion bailout program. The bank now sees the bailout money as expensive debt rather than equity as it pays an 8% dividend on the preferred shares it sold to the U.S. government. Government regulators will probably want to see the credit condition of the bank before permitting it to repay the bailout money as the stress test projected that SunTrust&#8217;s loan losses could reach $11.8 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/17/suntrust-banks-to-repay-tarp-loan/15425/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Oil &amp; Gas Industry &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/09/15/pbr-oil-gas-industry-zacks-analyst-interviews/15185</link>
		<comments>http://www.stockbloghub.com/2009/09/15/pbr-oil-gas-industry-zacks-analyst-interviews/15185#comments</comments>
		<pubDate>Tue, 15 Sep 2009 17:07:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corp.]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15185</guid>
		<description><![CDATA[The emerging positive narrative of a favorable outlook for the U.S. economy has done wonders for the markets, particularly equities and commodities. The broad equity markets as well as most commodity groups are up smartly from their early-March lows. Crude oil&#8217;s gains have been even more impressive, given its heavy leverage to the health of the global economy. Our view is that oil should be able to hold onto its recent gains and consolidate around current levels, provided this favorable economic view remains in place. While we have greater confidence in the staying power of the current oil rally, this does not mean that we will not see any short-term pullbacks. On the whole, we expect oil prices in 2010 to be higher than the 2009 levels, but remain significantly ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/15/pbr-oil-gas-industry-zacks-analyst-interviews/15185/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Oil &amp; Gas Industry &#8211; Favorable View on Stabilizing Economy</title>
		<link>http://www.stockbloghub.com/2009/09/14/pbr-oil-gas-industry-favorable-view-on-stabilizing-economy/15142</link>
		<comments>http://www.stockbloghub.com/2009/09/14/pbr-oil-gas-industry-favorable-view-on-stabilizing-economy/15142#comments</comments>
		<pubDate>Mon, 14 Sep 2009 20:55:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corp.]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15142</guid>
		<description><![CDATA[The emerging positive narrative of a favorable outlook for the U.S. economy has done wonders for the markets, particularly equities and commodities. The broad equity markets as well as most commodity groups are up smartly from their early-March lows. Crude oil’s gains have been even more impressive, given its heavy leverage to the health of the global economy. Our view is that oil should be able to hold onto its recent gains and consolidate around current levels, provided this favorable economic view remains in place. While we have greater confidence in the staying power of the current oil rally, this does not mean that we will not see any short-term pullbacks. On the whole, we expect oil prices in 2010 to be higher than the 2009 levels, but remain significantly ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/14/pbr-oil-gas-industry-favorable-view-on-stabilizing-economy/15142/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) China’s Energy Acquisition: Three Ways To Invest In China</title>
		<link>http://www.stockbloghub.com/2009/09/03/ptr-china%e2%80%99s-energy-acquisition-three-ways-to-invest-in-china/14387</link>
		<comments>http://www.stockbloghub.com/2009/09/03/ptr-china%e2%80%99s-energy-acquisition-three-ways-to-invest-in-china/14387#comments</comments>
		<pubDate>Thu, 03 Sep 2009 23:44:24 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[Exxon Mobil Corp.]]></category>
		<category><![CDATA[PetroChina Company Ltd.]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14387</guid>
		<description><![CDATA[by David Fessler, Advisory Panelist Every country needs a few basic ingredients in order to achieve healthy, sustained economic growth. Reliable sources of energy. A modern, efficient infrastructure, consisting of a good road and rail system, reliable power grids and high-speed digital communications networks. And if a country wants to be considered a “global economic powerhouse,” it’s nearly impossible for it to do so without these critical building blocks. So it’s not too surprising that China is spending unprecedented amounts of money to beef up its infrastructure. It’s also spending huge amounts of money on long-term oil and gas contracts. And with nearly $2 trillion on hand, it’s the perfect time for China to go on an energy acquisition spree. Right now, it’s spending like a thirsty sailor on shore ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) PetroChina Grabs Majority Stake in Two Canadian Oil Sands Projects</title>
		<link>http://www.stockbloghub.com/2009/09/01/ptr-petrochina-grabs-majority-stake-in-two-canadian-oil-sands-projects/14099</link>
		<comments>http://www.stockbloghub.com/2009/09/01/ptr-petrochina-grabs-majority-stake-in-two-canadian-oil-sands-projects/14099#comments</comments>
		<pubDate>Tue, 01 Sep 2009 21:14:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[PetroChina Company Ltd.]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14099</guid>
		<description><![CDATA[Yesterday, PetroChina Company Ltd. (PTR), the largest integrated oil company in China, agreed to pay C$1.9 billion ($1.7 billion) to acquire a majority stake in two oil sands projects in western Canada. As per the terms of the agreement with Athabasca Oil Sands Corp. (a privately held Calgary-based group), the Chinese energy giant will purchase a 60% working interest in the Canadian company’s proposed MacKay River and the Dover ventures in northern Alberta. The deal, which awaits certain regulatory approvals, is currently the largest venture by China in Canadian oil sands. According to an independent third party evaluation, the oil sands that PetroChina plans to exploit are estimated to contain as many as five billion barrels of reserves, about half of Athabasca’s total recoverable resources. Peak production from the two ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) Top Chinese Equity Funds &#8211; Mutual Fund Commentary</title>
		<link>http://www.stockbloghub.com/2009/08/31/ptr-top-chinese-equity-funds-mutual-fund-commentary/13904</link>
		<comments>http://www.stockbloghub.com/2009/08/31/ptr-top-chinese-equity-funds-mutual-fund-commentary/13904#comments</comments>
		<pubDate>Mon, 31 Aug 2009 16:26:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Life Insurance Company Ltd.]]></category>
		<category><![CDATA[China Mobile Limited]]></category>
		<category><![CDATA[CHL]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[LFC]]></category>
		<category><![CDATA[PetroChina Company Ltd.]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13904</guid>
		<description><![CDATA[Today we are featuring top-performing “Chinese equity&#8221; mutual funds that invest most of their assets in equity securities of companies that trade in China or are related to the Chinese economy. Investors can find such funds by checking out the entire list of the Zacks #1 Rank Chinese Equity Funds list. 3 Excellent Picks Dreyfus Greater China A (DPCAX) was incepted in May 1998 and seeks long-term capital appreciation. It may include invest in common stocks, preferred stocks and convertible securities Incorporatedluding those purchased in initial public offerings. It is non-diversified. The fund primarily invests in stocks of companies that are principally traded in China, Honk Kong or Taiwan, derive at least 50% of their revenues from Greater China, or have at least 50% of their assets in Greater China. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CEO) CNOOC Maintains its Outperform Rating</title>
		<link>http://www.stockbloghub.com/2009/08/26/ceo-cnooc-maintains-its-outperform-rating/13489</link>
		<comments>http://www.stockbloghub.com/2009/08/26/ceo-cnooc-maintains-its-outperform-rating/13489#comments</comments>
		<pubDate>Wed, 26 Aug 2009 20:59:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[PetroChina Company Ltd.]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13489</guid>
		<description><![CDATA[Earlier today, CNOOC Ltd. (CEO) reported results for the six months ended June 30. Net income for the period was 12.4 billion yuan ($1.82 billion), down 55% from 27.54 billion yuan ($3.9 billion) a year earlier. The steep fall in net income was primarily due to significantly lower oil prices despite excellent production performance. The average realized oil and gas prices for the period were $49.35 per barrel and $3.90 per thousand cubic feet, respectively. During the first half, the company’s crude oil and natural gas production reached 87.3 million barrels and 106.3 billion cubic feet, respectively. Total net oil and gas production reached 105.8 million barrels-of-oil-equivalent (BOE), up 15.2% year over year. Net oil and gas production from overseas reached 15.0 million BOE, up 38.9% year over year. CEO’s ]]></description>
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