Oil belongs to nonrenewable resources. With the oil supply relatively limited and the global economy enters a fast development cycle and oil demand is increasing, oil prices rising is inevitable. Impact of high oil prices is deep and continuous, will change our country’s energy production and consumption structure. As China’s largest offshore oil and gas producers, China’s CNOOC must take positive and correct development strategy, and energetically develop and use of in the new energy, and provide high quality energy for our country’s economic and social development. This paper expounds some effort in the field of new energy development and utilization of the China National Offshore Oil Corporation(CNOOC), mainly including wind power development, bio-fuels development, natural gas hydrate recover and so on.