S&P Dow Jones Indices to remove oil giant CNOOC due to sanctions

Reuters

Published Jan 13, 2021 10:17PM ET

(Reuters) - S&P Dow Jones Indices said late on Wednesday it will remove oil giant China National Offshore Oil Corp's (CNOOC (NYSE:CEO)) securities due to U.S. sanctions.

"The securities ( CNOOC Ltd ADR and CNOOC Ltd H Shares) will be removed from impacted indices on or before February 1, 2021", S&P Dow Jones Indices said in a statement.