Unocal Corp.

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investment and unocal corp. - All News and Analysis

• Additional news...

  - 2006-01-01

  * Cobalt International Energy LP, Houston, has been formed with $500 million from Carlyle/Riverstone and Goldman Sachs Capital Partners to focus on E&P in the deepwater Gulf of Mexico and abroad.Joseph H. Bryant is chairman and chief executive; Samuel H. Gillespie, vice chairman; and James H. Painter, executive vice president...

  Tags: Cobalt Networks, Exco Resources Inc., FINANCE, Goldman Sachs Group Inc., Houston, Investment, IPO, Morgan Stanley, Nasdaq Stock Market Inc., NYSE Euronext, underwriter, Unocal Corp.

• Chevron did not need Congress to buy Unocal

  - 2005-08-12

  IN the end, good old capitalism prevailed when China's government- controlled CNOOC Ltd. withdrew its $18.4 billion bid for Unocal Corp., clearing the way for San Ramon-based Chevron to purchase Unocal for nearly $18 billion in a deal that was finalized Wednesday. While the amount Chevron pays...

  Tags: Chevron Corp., FINANCE, Government, Investment, SOFTWARE, U.S. Congress, Unocal Corp.

• 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.

• US stocks hit four-year highs on earnings, economic news

  - 2005-08-02

  NEW YORK AFP — US stocks advanced across the board with the Nasdaq hitting a four-year high following solid corporate earnings and new evidence that the US economy is in robust health, brokers said. The Dow Jones Industrial Average closed up 60.59 points (0.57 percent) at 10,683.74 and the...

  Tags: earnings, FINANCE, Investment, Nasdaq Stock Market Inc., 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.

• Unocal bid stirs scare tactics

  - 2005-07-11

  Correction ran 7/12/2005: China's oil consumption is 7 million barrels a day. U.S. consumption is 21 million barrels a day, projected to be 28 million barrels in 20 years. An editorial Monday incorrectly put the figures in billions. Today's debate: Energy and the economy Our view: Unrealistic panic distracts...

  Tags: barrel, China, FINANCE, Investment, U.S., U.S. Congress, Unocal Corp.

• U.S. Opens China Energy Office as Chinese State Oil Bids for Unocal

  - 2005-07-01

  WASHINGTON, DC ENS — --> Energy Secretary Samuel Bodman Thursday announced the establishment of a Department of Energy DOE office in Beijing, China. The new office will support DOE’s cooperative efforts with China on energy and nuclear security issues, the secretary said. The announcement of DOE’s new Beijing office...

  Tags: Beijing, Chevron Corp., China, Department of Energy, FINANCE, Investment, SECURITY, Unocal Corp.

• FTC accepts Chevron's Unocal plan, CNOOC challenges

  - 2005-07-01

  Pending public comment, the US Federal Trade Commission FTC has accepted the acquisition plan drawn up by Chevron for Unocal. FTC acceptance was received after Chevron and Unocal agreed to settle litigation issues relating to Unocal's US reformulated gasoline patents. The FTC acceptance did not rule out further action by...

  Tags: Chevron Corp., FINANCE, FTC, Investment, Litigation, Unocal Corp.

• Chevron, Unocal get SEC approval shareholder vote

  - 2005-06-29

  WASHINGTON AFP — Chevron said that its registration statement for the acquisition of oil rival Unocal has been cleared by stock market regulators, allowing the company to send its merger agreement to Unocal stockholders for a vote August 10. The US oil giant, whose bid for Unocal is now...

  Tags: Chevron Corp., FINANCE, Investment, SEC, shareholder, Unocal Corp.

• China pledges help to US security review in oil takeover bid

  - 2005-06-24

  BEIJING AFP — The state-run Chinese energy firm behind a takeover bid for the US oil major Unocal will cooperate with a US government security review, its chairman said, according to state media. Fu Chengyu, chairman and chief executive of China National Offshore Oil Corporation CNOOC, said he had...

  Tags: FINANCE, Investment, SECURITY, Unocal Corp., Xinhua News Agency