Unocal shareholders OK Chevron takeoverChevron reserves up by about 15 percent, with combined company production the equivalent of 2.8 million barrels of oil per day Gary Gentile Associated Press Business Writer
When Unocal Corp. Chief Executive Chuck Williamson first discussed a possible sale to Chinese oil and gas company CNOOC Ltd. last December, he and his CNOOC counterpart, Fu Chengyu, knew there would be political repercussions. What they didn’t count on was the firestorm that would eventually scuttle....
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Chevron’s reserves up by about 15% CNOOC offer nearly approved
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