CNOOC to Bid for Unocal

June 21, 2005

Chinese state-run oil firm CNOOC has tentatively decided to bid for U.S. producer Unocal, a person close to the process told Reuters on Thursday, setting the stage for a potential bidding war with Chevron Corp.

*For more on this story,

read the full Reuters article.

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CNOOC to Bid for Unocal

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