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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5244)	8/2/2005 1:09:05 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

" CNOOC, China's third-largest oil group, targeted Unocal because most of the U.S. company's assets are natural gas fields in Asia, which suits its growth strategy. It could start searching for new targets soon, analysts and bankers say, adding that Royal Dutch Shell's stake in Woodside Petroleum could be a target, although the high valuation of the Australian producer is a barrier. PetroChina, the country's dominant oil and gas producer, said in June it was eyeing 10 potential overseas acquisitions after setting up a multi-billion dollar joint venture to push for overseas expansion" today.reuters.com =========================== Perhaps PKZ is one of the ten.