Agence France-Presse

Recent Events

News & Analysis

agence france-presse and unocal corp. - All News and Analysis

• Dow up as oil prices retreat, Nasdaq down

  - 2005-08-03

  NEW YORK AFP — US stocks ended mixed with blue-chips benefiting from a retreat in oil prices but the tech-heavy Nasdaq slipping marginally from a four-year high. The Dow Jones Industrial Average closed 13.85 points (0.13 percent) higher at 10,697.59. But the Nasdaq composite, having hit the four-year high...

  Tags: Agence France-Presse, Chevron Corp., FINANCE, Investment, Nasdaq Stock Market Inc., Nike Inc., stock, The Dow Chemical Co., Unocal Corp.

• China condemns US political intransigence after failed CNOOC bid

  - 2005-08-03

  BEIJING AFP — Chinese state media has condemned US political intransigence over oil group CNOOC's bid for Unocal, saying its opposition calls into question the free trade dogma Washington often trumpets to the world. "The high-profile takeover battle demonstrated to the world that the United States is not a...

  Tags: Agence France-Presse, Beijing, editorial, FINANCE, U.S., Unocal Corp.

• Blue chips shine on earnings, new US data

  - 2005-08-02

  NEW YORK AFP — Blue-chip shares added to early gains in New York, boosted by a pullback in the price of oil, positive income and factory data, and better-than-expected earnings from Comcast. The Dow Jones Industrial Average was up 55 points to 10,678 at midday and the tech-heavy Nasdaq...

  Tags: Agence France-Presse, Chevron Corp., chip, Comcast Corp., earnings, FINANCE, HARDWARE, Semiconductors, stock, Unocal Corp.

• China's CNOOC mulling what to do next in Unocal takeover bid

  - 2005-08-01

  BEIJING, AFP — 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, reports said. The Financial Times, citing sources close to the deal, said the state-controlled Chinese company was likely...

  Tags: Agence France-Presse, Chevron Corp., FINANCE, Investment, Unocal Corp.

• US lawmakers could nix Chinese oil takeover bid

  - 2005-07-26

  WASHINGTON AFP — US lawmakers agreed the text of a legal measure that would delay any Chinese takeover of US oil firm Unocal Corp. by four months, a step that could jeopardize the bid, officials said. Members of the House of Representatives and Senate hammered out a compromise amendment...

  Tags: Agence France-Presse, FINANCE, U.S. Congress, Unocal Corp.

• CNOOC says bid stands at 67 dollars per share for Unocal

  - 2005-07-21

  SHANGHAI AFP — State-owned energy company CNOOC says its all cash deal for US oil giant Unocal remains on the table and no immediate counter bid would be made a day after rival Chevron sweetened its offer. "In the interests of protecting our shareholders, CNOOC's all cash share offer...

  Tags: Agence France-Presse, Chevron Corp., FINANCE, shareholder, Unocal Corp.

• CNOOC says bid stands at $67 per share for Unocal

  - 2005-07-21

  SHANGHAI AFP — China's state-owned oil CNOOC said its all-cash deal for US oil giant Unocal remained on the table and no immediate counter bid would be made a day after rival Chevron sweetened its offer. "In the interests of protecting our shareholders CNOOC's all cash share offer has...

  Tags: Agence France-Presse, Chevron Corp., FINANCE, shareholder, Unocal Corp.

• US Congress to consider blocking CNOOC bid for Unocal

  - 2005-07-21

  WASHINGTON AFP — A top House Republican said he will allow a vote on a measure to potentially block China's state-owned CNOOC bidding for US oil company Unocal Corp. Representative Joe Barton, chairman of the House of Representatives' Committee on Energy and Commerce, which is putting finishing touches on...

  Tags: Agence France-Presse, U.S. Congress, Unocal Corp.

• US Senator proposes to outlaw China plan to buy Unocal

  - 2005-07-15

  WASHINGTON AFP — A Democratic senator said he introduced a bill that would expressly prohibit a proposal by state-owned China National Offshore Oil Corp. CNOOC to buy US oil group Unocal. The bill introduced by North Dakota Senator Byron Dorgan was the latest in a series of moves in...

  Tags: Agence France-Presse, FINANCE, Government, senator, SOFTWARE, Unocal Corp.

• Wall Street rebounds as crude pulls back

  - 2005-04-04

  NEW YORK AFP — Wall Street stocks clawed out modest gains, recouping early losses, as crude oil prices pulled back from record highs. The Dow Jones Industrial Average rose 15.07 points (0.14 percent) to 10,419.37 and the Nasdaq composite added 6.25 points (0.31 percent) to 1,991.06 at the closing...

  Tags: Agence France-Presse, American International Group Inc., barrel, bond, ChevronTexaco Corp., FINANCE, Insurance, Investment, stock, strategist, Unocal Corp.