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CNOOC Ltd

Common Name
CNOOC
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas E&P
Employees
22,181
Ticker
600938
Exchange
SHANGHAI STOCK EXCHANGE
Description
CNOOC Ltd. is a leading Chinese oil and natural gas exploration and production company. It serves as a key player in the energy sector, focusing on the exploration, development, and production of crud...

CNOOC's GHG Emissions Data Preview

In 2024, CNOOC completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, CNOOC has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind CNOOC’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CNOOC’s data sources below and access millions more through our Disclosure Search.

a. CNOOC's ESG Report 2024
a. CNOOC's ESG Report 2024
b. CNOOC's ESG Report 2023
b. CNOOC's ESG Report 2023

Insights into CNOOC's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCNOOC amounted to12,791,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CNOOCincreased by 4.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

CNOOC's Scope 1 Emissions Over Time

202120222023202403 M6 M9 M12 MtCO2e0%+10%+1%
  • Total Scope 1
  • Year-over-Year Change

What are CNOOC's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CNOOC were 10,886,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has CNOOC reduced its Scope 1 emissions over time?

Since 2021, CNOOC's Scope 1 emissions have increased by 11.38%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), CNOOC's Scope 1 emissions remained relatively stable, indicating that CNOOC's emissions have plateaued with no significant change in its operational footprint.a

What are CNOOC's Scope 2 emissions?

In 2024, CNOOC reported Scope 2 greenhouse gas (GHG) emissions of 1,905,000 tCOâ‚‚e without specifying the calculation method.a

Has CNOOC reduced its Scope 2 emissions over time?

Since 2021, CNOOC's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 258.76%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), CNOOC's Scope 2 emissions(Unspecified Calculation Method) rose by 28.37% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does CNOOC use for Scope 2 reporting?

In 2024, CNOOC reported its Scope 2 emissions using an unspecified methodology.a

CNOOC's Scope 2 Emissions Over Time

20212022202320240500 k1 M1.5 M2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CNOOC’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CNOOC reported Scope 1 greenhouse gas (GHG) emissions of 10,886,000 tCOâ‚‚e and total revenues of USD 58,406 millions. This translates into an emissions intensity of 186.38 tCOâ‚‚e per millions USD.a

CNOOC's Scope 1 Emissions Intensity Compared to Peers

502,00050,0002,000,000100,000,000Scope 1 Emissions (tCO2e)1002,000100,0005,000,000200,000,000Revenues (Millions of USD)OSOOOriental EnergyYear: 2023Scope 1: 455,919 tCO2eRevenue: $M 3,816Scope 1 Intensity: 119.46 tCO2e/$MCanadian Natural ResourcesYear: 2022Scope 1: 23,243,129 tCO2eRevenue: $M 36,595Scope 1 Intensity: 635.14 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MInpexYear: 2024Scope 1: 6,614,000 tCO2eRevenue: $M 14,433Scope 1 Intensity: 458.27 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2024Scope 1: 2,293,371 tCO2eRevenue: $M 5,001Scope 1 Intensity: 458.61 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MAthabasca OilYear: 2023Scope 1: 877,205 tCO2eRevenue: $M 958Scope 1 Intensity: 915.48 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MMedco Energi InternasionalYear: 2024Scope 1: 5,117,830 tCO2eRevenue: $M 39,489,428Scope 1 Intensity: 0.13 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MAPA Corp (US)Year: 2024Scope 1: 6,225,000 tCO2eRevenue: $M 9,737Scope 1 Intensity: 639.31 tCO2e/$MInternational PetroleumYear: 2023Scope 1: 865,305 tCO2eRevenue: $M 10,477Scope 1 Intensity: 82.59 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MPTTEPYear: 2024Scope 1: 6,550,208 tCO2eRevenue: $M 9,096Scope 1 Intensity: 720.12 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MSSSavannah EnergyYear: 2024Scope 1: 36,101 tCO2eRevenue: $M 227Scope 1 Intensity: 159.01 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MWoodside Energy GroupYear: 2024Scope 1: 6,769,000 tCO2eRevenue: $M 20,322Scope 1 Intensity: 333.09 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MExpand EnergyYear: 2024Scope 1: 1,629,138 tCO2eRevenue: $M 4,221Scope 1 Intensity: 385.96 tCO2e/$MCNOOCYear: 2024Scope 1: 10,886,000 tCO2eRevenue: $M 58,406Scope 1 Intensity: 186.38 tCO2e/$M

How does CNOOC's GHG emissions intensity compare to its peers?

In 2024, CNOOC reported a Scope 1 emissions intensity of 186.38 tCOâ‚‚e per millions USD. Compared to the peer group median of 405.09, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does CNOOC rank on GHG emissions intensity within its industry?

In 2024, CNOOC ranked 7 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

CNOOC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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