(EnergyAsia, May 9) — China National Offshore Oil Corporation (CNOOC) will invest 8.38 billion yuan (US$1=8.28 yuan) in three new projects on Hainan island in southern China. Last month, the company and the Hainan Provincial government signed an agreement covering the construction of a liquefied natural gas (LNG) terminal, the reorganisation of state-owned assets at…