Home / Business / Companies

CNOOC to increase shares in China CBM

Xinhua | Updated: 2013-02-22 11:08

BEIJING -- China National Offshore Oil Corporation, the country's largest offshore oil producer, announced Thursday it will increase its shares in China CBM to 70 percent.

CNOOC will buy 20 percent of China CBM's shares from the China National Coal Group Corp, according to an online statement from CNOOC.

China CBM is the country's leading coalbed methane producer.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349