more on cnooc
[Dow Jones] Media speculation resurfaces that China's CNOOC might go after Woodside (WPL.AU) if it loses takeover battle with Chevron for U.S.-based Unocal. Treasurer Costello says Canberra prepared to look at fresh bid for Woodside after knocking back Shell on national interest grounds in 2001. Shell not interested in divesting its 34% stake in Woodside. BHP Billiton (BHP.AU) may not let Woodside slip through its fingers if Perth-based petroleum company was in play so may be many hurdles facing CNOOC if attention switches from U.S. to Australia. (VTB)
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