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Page added on March 3, 2005

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ChevronTexaco eyes Unocal: report


A report that the No. 2 oil company is considering a bid to buy Unocal sent shares skyrocketing.

NEW YORK (Reuters) – Shares in U.S. oil company Unocal Corp. jumped nearly 10 percent early Thursday after a newspaper reported that ChevronTexaco Corp., the second largest U.S. oil company, was considering a bid to buy it.

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Another ‘reserves’ ghost?



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