S&P Dow Jones Indices to phase out oil giant CNOOC due to sanctions By Reuters


© Reuters. FILE PHOTO: Logos of China National Offshore Oil Corporation (CNOOC) are displayed at a press conference in Hong Kong.

(Reuters) – S&P Dow Jones Indices said Wednesday night that it will delist the securities of oil giant China National Offshore Oil Corp (CNOOC (NYSE :)) due to US sanctions. “The securities (CNOOC Ltd ADR and CNOOC Ltd H Shares) will be removed from the affected indices on or before February 1, 2021,” S&P Dow Jones Indices said in a statement.

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