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 | 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  |
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