Cnooc Nexen Takeover

Chinese Firm In No Hurry To Ink More Oilpatch Deals

CP | Lauren Krugel, The Canadian Press | Posted 04.29.2013 | Canada Alberta

CALGARY - The head of CNOOC Ltd. said the Chinese-state-owned firm is in no hurry to do any more big deals in the oilpatch since its $15.1 billion tak...

CNOOC-Nexen Deal Closes

CP | Lauren Krugel, The Canadian Press | Posted 04.27.2013 | Canada Alberta

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 ...

CNOOC Deal Gets Final Approval

CP | The Canadian Press | Posted 04.14.2013 | Canada Business

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 large...

Will CNOOC Follow Through?

CP | Bill Graveland, The Canadian Press | Posted 02.16.2013 | Canada Politics

CALGARY - Federal Immigration and Citizenship Minister Jason Kenney is confident that China National Offshore Oil Co. will follow through with its end...

Why Fear Tainted Nexen Takeover And Why It Was Ignored

CP | Lauren Krugel, The Canadian Press | Posted 02.11.2013 | Canada Alberta

CALGARY - Nexen Inc. began 2012 as a troubled oil and gas company struggling to meet its production targets and appease its shareholders.It ends the y...

Feds Approve Chinese Takeover Of Nexen

CP | Posted 12.07.2012 | Canada Alberta

OTTAWA — Prime Minister Stephen Harper ended months of market uncertainty by approving the foreign takeovers of Calgary-based Nexen Inc. and Progres...

EU Okays Handing Canadian Energy Company Over To Chinese

CP | The Canadian Press | Posted 02.06.2013 | Canada Alberta

BRUSSELS - The European Commission has given its OK to China National Offshore Oil Co.'s $15.1-billion bid for Calgary's Nexen Inc.Both companies are ...

CNOOC, Nexen Resubmit Takeover Proposal To U.S.

CP | The Canadian Press | Posted 01.27.2013 | Canada Alberta

CALGARY - Calgary's Nexen Inc. and the Chinese state-owned company seeking to buy it have withdrawn and resubmitted a notice about the proposed $15-bi...

Nexen Still Optimistic On CNOOC Takeover

CP | The Canadian Press | Posted 12.25.2012 | Canada Alberta

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 contin...

Albertans Wary Of Chinese Investment, Poll Suggests

CBC | Posted 12.24.2012 | Canada Alberta

A new poll released today by the University of Alberta's China Institute suggests the majority of Albertans don't like the idea of China buying up nat...

Big Majority Opposes Chinese Takeover: Poll

The Huffington Post Canada | Daniel Tencer | Posted 10.16.2012 | Canada Business

Maybe we’re are getting all proud and nationalistic about our oil wealth, or maybe the fear of the big, red Chinese communist bear still resonates i...

Feds Push Back Decision On Nexen Takeover

CP | The Canadian Press | Posted 12.11.2012 | Canada Business

OTTAWA - The federal government is extending its review period for the proposed takeover of Nexen Inc. (TSX:NXY) by China's state-owned offshore oil c...

NDP Comes Out Against Chinese Oil Sands Deal

CP | Bruce Cheadle, The Canadian Press | Posted 12.04.2012 | Canada Business

OTTAWA - A $15-billion bid by China's state-owned offshore oil company for Canada's Nexen Inc. (TSX:NXY), "raises a range of difficult policy question...

Clement: Public Consultations On Chinese Oil Sands Deal 'Illegal'

CP | Julian Beltrame, The Canadian Press | Posted 12.02.2012 | Canada Business

UPDATE: Treasury Board President Tony Clement has rejected the NDP's call for public consultations on the takeover of Alberta energy company Nexen by ...

Chinese Company Bidding For Oil Sands Has Huge Iran Project

The Huffington Post Canada | Daniel Tencer | Posted 09.25.2012 | Canada Business

A majority of Canadians are already opposed to the takeover of Alberta’s Nexen by the Chinese state-owned oil company CNOOC, and the latest news on ...

Now India Wants In On Oil Sands? State-Owned Giant Denies Reports

AP | Posted 09.25.2012 | Canada Business

MUMBAI, India (AP) — State run Indian oil giant Oil and Natural Gas Corp. denied Tuesday that it and two other state-run oil companies have jointly ...

Canadians Oppose Chinese Takeovers Of Natural Resource Firms: Poll

CP | Craig Wong, The Canadian Press | Posted 11.20.2012 | Canada Business

UPDATE: A vast majority of Canadians oppose the takeover of energy firm Nexen by the Chinese state oil company, CNOOC, according to a new Abacus Data ...

Government's Review of CNOOC's $1.5B Nexen Bid Has Begun

CP | The Canadian Press | Posted 10.29.2012 | Canada Alberta

CALGARY - Ottawa has kicked off its review of China National Offshore Oil Co.'s $15.1-billion deal to buy Calgary-based Nexen Inc.Industry Minister Ch...