Cnooc Nexen

Feds Holding Back Oil Patch Investment, Says Alberta

CBC | Posted 11.02.2014 | Canada Alberta

Alberta wants the federal government to reconsider changes to the Investment Canada Act that it says have discouraged foreign interest in the oil patc...

No More Takeovers By 'Agents Of Chinese Regime': Report

CP | Julian Beltrame, The Canadian Press | Posted 08.06.2013 | Canada Business

OTTAWA - Canada should reject most if not all future corporate takeovers from Chinese state-owned enterprises, contends a new report from the Universi...

Why Going Green Could Put Trudeau In Power

Hassan Arif | Posted 06.28.2013 | Canada Politics
Hassan Arif

Justin Trudeau can present a Liberal party that is stridently progressive on environmental and social policy, and on human rights and multiculturalism, while maintaining a strong commitment to entrepreneurship, innovation, and economic growth.

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...

Huge Boom In Chinese Investment Into Canadian Resources

The Huffington Post Canada | Daniel Tencer | Posted 01.23.2014 | Canada Business

A recent news report brought up the spectre of briefcases full of illicit Chinese cash making its way into Canada's real estate market, but far more m...

Exploding Debt, Chinese Invasions .. And Mark Carney

The Huffington Post Canada | Posted 12.25.2012 | Canada Business

It's been a year of ups and downs for Canadian business. On the downside, the economy grew sluggishly, the long-running housing boom turned to bus...

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...

How Harper's Nexen Deal Deceived Canadians

Maude Barlow | Posted 02.09.2013 | Canada Business
Maude Barlow

On December 7, Prime Minister Stephen Harper approved the first two complete takeovers of Canadian-owned energy firms by foreign state-owned companies in our country's history. The Prime Minister used sleight of hand to trick Canadians into thinking these were "exceptional" cases, to be repeated only cautiously in the future. He appeared to close the door to ownership of the tar sands by companies controlled by foreign governments. But he didn't close it at all. He left it wide open and signaled to China, Malaysia and other countries that Canada's strategic energy resources were entirely for sale, not just to the highest bidder but to any bidder at all.

No Shortage Of Money To Pour Into Oilsands: Oliver

CP | Heather Scoffield and Stephanie Levitz, The Canadian Press | Posted 02.09.2013 | Canada Business

OTTAWA - Prime Minister Stephen Harper may have been talking specifically about the oilsands when he shut the door to foreign state-controlled takeove...

'Growing Trend' For Canada's Oil Sands

CBC | Posted 02.07.2013 | Canada Politics

The federal government has reached "a level of discomfort" with foreign investment by state-owned enterprises in Canada's energy sector. ...

What Are The Tories About To Announce, Late On A Friday Afternoon?

CP | Stephanie Levitz and Craig Wong, The Canadian Press | Posted 02.06.2013 | Canada

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

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 ...

China-Nexen Deal: National Buoy or Ball and Chain?

Rachel Décoste | Posted 02.05.2013 | Canada Business
Rachel Décoste

By December 10, The federal government is expected to make a decision on whether to approve or reject the takeover of Nexen by a Chinese state-run company. Any rearward decision-making process hinging on knee-jerk intercultural reactions, quick paydays or short-sighted goals is detrimental to our country as a whole.

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...

Canadians More Protectionist Than Americans: Poll

The Huffington Post Canada | Posted 11.21.2012 | Canada Business

Canadians have more of a protectionist streak than their American counterparts, suggests a new Abacus data poll that looks at foreign investment in th...

Have Evidence Of Chinese Firms Spying? 'If Not... Shut Up'

CBC | Posted 01.17.2013 | Canada Business

Beijing's representative in Ottawa says Chinese firms are not involved in foreign espionage and he challenges anyone who says otherwise to produce evi...

What's At Stake For Harper In CNOOC Decision

CP | Heather Scoffield and Stephanie Levitz, The Canadian Press | Posted 01.23.2014 | Canada Business

OTTAWA - As a former deputy minister at Industry Canada, there was no one in government who knew the Investment Canada Act more intimately than Paul B...

Not Buying Harper Government's Tactics On Nexen Deal

CP | Posted 01.03.2013 | Canada Politics

OTTAWA - The New Democrats are criticizing the Harper government for extending a review of the controversial takeover bid of oil producer Nexen. Th...

Ottawa Gives Itself More Time To Review Nexen Takeover

CP | The Canadian Press | Posted 01.23.2014 | Canada Politics

OTTAWA - The Harper government bought itself some more time to deal with a political hot potato, extending a review of the controversial $15.1-billion...

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...

Progress Is Not Impressed With Petronas Deal Rejection

CP | The Canadian Press | Posted 12.20.2012 | Canada Business

CALGARY - Natural gas producer Progress Energy Resources is expressing its disappointment after the federal government rejected a Malaysian state-owne...

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...