Chinese Oil Company Considers Bid for U.S. Rival Unocal

Summary


Associated Press

NEW YORK - China's third-largest oil and natural gas company is considering making a bid for all or part of U.S. rival Unocal Corp., published reports said Friday. If true, it would be the latest indication of China's rising appetite for overseas investment.

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Extract


Chinese Oil Company Considers Bid for U.S. Rival Unocal

The Financial Times said that China National Offshore Oil Corp. was consider...

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