CNOOC NEXEN TAKEOVER

Alamy/CP

CNOOC-Nexen Deal Closes

CALGARY - Chinese state-owned firm CNOOC Ltd. is now officially in control of Calgary oil and gas producer Nexen Inc. (TSX:NXY).CNOOC's $15.1 billion takeover of Nexen, first announced last July, was...
CP

CNOOC Deal Gets Final Approval

CALGARY - A U.S. agency has given the final approval required for the acquisition of Calgary-based Nexen Inc. (TSX:NXY) by CNOOC, one of China's largest energy companies.The US$15.1-billion friendly t...
AP

Will CNOOC Follow Through?

CALGARY - Federal Immigration and Citizenship Minister Jason Kenney is confident that China National Offshore Oil Co. will follow through with its end of the bargain after the government approved its...
CP

Nexen Still Optimistic On CNOOC Takeover

CALGARY - Calgary-based oil and gas producer Nexen Inc. (TSX:NXY), the target of China's largest foreign takeover bid to date, said Thursday it continues to expect the $15.1-billion deal to be complet...