 | China National Offshore Oil Corporation's (CNOOC) oil rig in China's Bohai Sea is seen in this October 21, 2003 file photo. China's CNOOC Ltd. on Aug 2 2005 abandoned its $18.5 billion offer to acquire Unocal Corp. in the face of strident political opposition, clearing the way for the U.S. oil and gas producer to conclude a deal with larger U.S. rival Chevron Corp. click to open  |
 | China National Offshore Oil Corporation's (CNOOC) oil rig in China's Bohai Sea is seen in this October 24, 2003 file photo. China's CNOOC Ltd. on Aug 2 2005 abandoned its $18.5 billion offer to acquire Unocal Corp. in the face of strident political opposition, clearing the way for the U.S. oil and gas producer to conclude a deal with larger U.S. rival Chevron Corp. click to open |
 | A cyclist passes by the headquarters of China National Offshore Oil Corporation, in Beijing on Aug 1st 2005. CNOOC is battling to keep alive its attempt to buy Unocal as worries mount that US political opposition might force it to withdraw its 18.5 billion dollar offer. click to open |
 | A woman waits with files at the lobby of the China National Offshore Oil Corp. (CNOOC) building in Shanghai July 15, 2005. Shares in Chinese offshore oil producer CNOOC Ltd. sank more than five percent on July 29, 2005 morning as investor worries grew about a possible bidding war with Chevron Corp. over Unocal Corp. click to open |
 | In a file photo Chairman and Cheif Executive officer of China National Offshore Oil Corporation ( CNOOC ) Fu Chengyu smiles as he speaks to reporters during a press conference in Hong Kong Tuesday, March 29, 2005. Unocal Corp. is weighing a $16.6 billion offer from Chevron Corp. that received quick regulatory approval and a rival $18.5 billion all-cash bid from Hong Kong-based CNOOC Ltd. that has become highly politicized over concerns about national security and U.S.-China trade relations. click to open |
 | 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. click to open |
 | China National Offshore Oil Corporation's (CNOOC) SZ36-1 central platform in the Bohai Bay of China is seen October 3, 2004. Oil prices struck a record $60 a barrel on Thursday as worries that strong demand growth will strain global production capacity drew in a flurry of speculative fund buying. click to open |
 | CNOOC drilling platform. An audacious $18.5 billion bid by Chinese oil company CNOOC to buy Unocal Corp. in June 2005 is fast running into political hurdles that analysts say could easily sway shareholders in the U.S. oil producer against supporting the deal. click to open |
 | China National Offshore Oil Corporation's (CNOOC) oil rig in China's South Sea is seen in this photograph taken February 2, 2004. Chinese state-run oil firm CNOOC Ltd. said on Thursday it is confident its $18.5 billion cash offer for U.S. producer Unocal will prevail in the takeover battle with Chevron Corp. click to open |
 | Chinese offshore oil producer CNOOC Ltd. said on June 21 2005 it was still weighing a bid for Unocal, possibly spoiling oil major Chevron's deal to buy the U.S. producer for $16 billion. A Chevron gas station sign in Burbank, California is shown in this file photo. click to open |
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