In 2009, the company produced 47.66 million tons of oil and gas equivalent, and the output of oil refining and chemical products reached 32 million tons. The operating income was 209.6 billion yuan and the total profit was 52.4 billion yuan. By the end of 2009, the company's total assets reached 5 183 billion yuan, an increase of 20.4% compared with the beginning of 2009. Guided by Scientific Outlook on Development, China CNOOC adheres to the corporate philosophy of "win-win, responsibility, integrity, innovation and care", implements the strategy of coordinated development, enterprise development with talents, leading technology and low cost, adheres to the characteristic development path, promotes the company's efficient and high-speed development, and strives to build a world-class energy company.
CNOOC New Energy Investment Co., Ltd. (hereinafter referred to as New Energy Company) is a wholly-owned subsidiary of China Offshore Oil Corporation (hereinafter referred to as China Offshore Oil Corporation). The company was established in June 2006 with a registered capital of 80 million yuan, and its registered place is located in Chaoyang District, Beijing.
New Energy Company is the organizer and implementer of CNOOC's new energy strategy in China, in charge of CNOOC's new energy business in China and the incubator of CNOOC's new energy industry in China.
The main business scope of new energy companies includes: the development and utilization of renewable energy such as wind energy, biomass energy, solar energy and hydrogen energy; Development and utilization of coal gasification, coal-to-liquid and coal chemical technology; Development and utilization of geothermal energy, seabed combustible ice and other energy sources; Development and utilization of the above technologies related to energy production; Development and utilization of energy-saving technologies, etc.
At present, new energy companies have carried out a series of work in wind energy, biomass energy, coal-based clean energy, solar energy, hydrogen energy, CDM (clean development mechanism), energy-saving technology and so on, and made remarkable progress.
The new energy company will adhere to the development tenet of "creating a harmonious natural environment, contributing new energy to the society and realizing the growth of employees and enterprises", closely focus on the strategic goal of building China Offshore Oil into a world-class energy company and the theme of "green energy", rely on the advantages of China Offshore Oil, integrate social resources, accelerate the development of new energy industry, and strive to develop into a first-class new energy enterprise at home and abroad.