China National Offshore Oil Corporation's (CNOOC) oil rigs is seen in China's Liaodong Bay of the Bohai sea February 3, 2005. China's CNOOC Ltd. said on July 2 its request to the U.S. government to review its plan to merge with oil and gas producer Unocal Corp. was voluntary and aimed at clearing up doubts about the deal.
WASHINGTON - A bird in the hand, or two in the bush. That's the choice facing Unocal Corp., which agreed in April to be bought by Chevron Corp. for $16.6 billion but is now considering a rival $18.5 billion bid from CNOOC Ltd.... ...
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