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 Waste Data Preview

In 2023, CNOOC conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into CNOOC’s Generation of Hazardous and Non-Hazardous Waste

In 2023, CNOOC generated a total of 135,111 metric tonnes of waste.

Of this amount, 47.17% of CNOOC's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 52.83% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

CNOOC’s Hazardous vs Non-Hazardous Waste Over Time

202120222023035 k70 k105 k140 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How CNOOC reduced the environmental impact of its waste?

Since 2021, CNOOC's total waste generation increased by 46.2%, including a 8.62% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, the share of hazardous waste in CNOOC's total output increased by 6.52%, including a further 15.09% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, CNOOC has seen a continuous rise in both total waste and hazardous waste over time, signaling a worsening environmental impact that may require urgent reassessment of material sourcing, production processes, or waste mitigation strategies.

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