In2005,CNOOC,China’slargestoff-shoreoilandgasproducer,withdrewitsbidforUnocal,anAmericanoilandgascompany,aftertheinterventionoftheU.S.Congress.
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In 2005, CNOOC, China’s largest off-shore oil and gas producer, withdrew its bid for Unocal, an American oil and gas company, after the intervention of the U.S. Congress.