Cnooc Nexen

CP

Why Going Green Could Put Trudeau In Power

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.
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...

How Harper's Nexen Deal Deceived Canadians

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.
CP

'Growing Trend' For Canada's Oil Sands

The federal government has reached "a level of discomfort" with foreign investment by state-owned enterprises in Canada's energy sector. That's the message Canada's Industry Minister is emphasizing...

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

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.
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...
CP

On A Charm Offensive

OTTAWA - China's ambassador in Canada is on a charm offensive, appealing to the public to look favourably on Chinese investment in the oil patch.Ambassador Zhang Junsai has given two recent media inte...