CNOOC (CEO), China's biggest offshore oil producer, may bid for one of BP's prize Latin American...

|About: BP p.l.c. (BP)|By:, SA News Editor

CNOOC (CEO), China's biggest offshore oil producer, may bid for one of BP's prize Latin American assets: its 60% stake in Argentina's Pan American Energy, which could be worth $20B as reserves and output have risen. BP may not unload it and says it's not putting on a fire sale.