CNOOC's Unocal Bid is No Surprise Claims World Energy Monthly Review.HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; -- While the U.S. balks at the CNOOC CNOOC China National Offshore Oil Corporation bid for Unocal and China readies for summer power cuts, the world watches as China seeks ways to satiate sa·ti·ate tr.v. sa·ti·at·ed, sa·ti·at·ing, sa·ti·ates 1. To satisfy (an appetite or desire) fully. 2. To satisfy to excess. adj. Filled to satisfaction. its ravenous energy needs; World Energy Monthly Review connects politics, the economy and hard energy facts. "CNOOC may want Unocal more than Chevron does, but it's not clear it can get it," claims the China editor. We first asked back on March 15, 2005, "Is it conceivable con·ceive v. con·ceived, con·ceiv·ing, con·ceives v.tr. 1. To become pregnant with (offspring). 2. that the Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
two-tier bid - a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares for Unocal?" The answer remains unclear but as the China editor says, "Any CNOOC/Unocal transaction will be difficult...because of Chevron's expected vigorous objections," and "opposition by U.S. lawmakers." For more on this story, visit www.WorldEnergySource.com/WEMR. "China's industrial production hit a record $69 billion in May as the country's factories grew their inventories in anticipation of summer power shortages," says the China editor. "Factories will be idled due to power shortages for 10 to 15 days during the peak summer season. These power cuts are not just for industry...government offices must keep their air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. at specified levels," she says. "It remains to be seen if these shortages will affect the country's industrial growth." World Energy Monthly Review "is the country's most hard-hitting, myth-shattering energy news and analysis publication," said Professor Michael J. Economides. To get your copy of World Energy Monthly Review, visit www.WorldEnergySource.com/WEMR. This highly anticipated newsletter features timely, in-depth analysis by Professor Economides, one of the most recognizable names in the energy industry, and articles by his team of analysts on the Americas, Russia, China and the rest of the world. Coming in July, the new issue of World Energy Monthly Review asks: --What are the barriers to Palestinian energy growth? --Are we witnessing the decline of America's supermajors? --Should Russia Soviet slide worry the oil business? --Where does the Yuganskneftegas money trail lead? --Where are PDVSA's missing billions going? --Is Xinjiang China's Texas? World Energy Monthly Review joins World Energy magazine, Television, Educational Programs, and the World Energy Source in providing unparalleled news, editorials and analysis. Find out more about World Energy products at www.WorldEnergySource.com. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion