Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

China National Offshore Boosts Stake in Coalbed Methane Producer

China National Offshore Oil Corp., parent of Cnooc Ltd., said it agreed to buy an additional 20 percent of China United Coalbed Methane Corp., or China CBM, boosting its stake to 70 percent.

China National Offshore signed an accord with China National Coal Group Corp. in Beijing today for the purchase, pending government approvals, according to a statement on the buyer’s website. China National Coal will retain the remaining 30 percent in China CBM, the oil company said.

The announcement didn’t give financial details of the deal.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.