Cnooc Nexen

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...

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 ...

On A Charm Offensive

CP | The Canadian Press | Posted 11.23.2012 | Canada Business

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.Ambas...

Why Canada's Spy Agency Is Wary Of The Nexen Deal

CP | Jim Bronskill, The Canadian Press | Posted 11.20.2012 | Canada Business

OTTAWA - The same day shareholders of a Calgary-based energy company agreed to a takeover bid by a state firm from China, Canada's spy agency is warni...

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 ...

No Foreign Investments Can Tarnish Our Ethical Oil

Jamie Ellerton | Posted 11.10.2012 | Canada Business
Jamie Ellerton

In the same week that China's National Offshore Oil Company (CNOOC) applied for federal approval for its takeover of Canadian oil company, Nexen, Kuwait's state-owned company was reported to have signed a deal with Canada's Athabasca Oil Corp. That's two countries, known for poor ethics, buying a piece of the Canadian oil patch. And yet, our oil remains as ethical as ever.

Can Canada Become China's New Australia?

Andrew Cooper | Posted 11.08.2012 | Canada Business
Andrew Cooper

The variations between Canadian and Australian politics and policies are as interesting as the fundamental similarities between them. Both are highly globalized, mixing multiculturalism with modified versions of the Westminster parliamentary system. Although in the past this nationalism has been directed toward the United States, it is now the question of Chinese access that has become the lightening rod of controversy.

Kuwait Energy Firm Moving In On Oilsands

CP | Lauren Krugel, The Canadian Press | Posted 10.31.2012 | Canada Alberta

CALGARY - Athabasca Oil Corp. confirmed Friday that it is in the early stages of forming a joint venture for two of its Alberta oilsands properties.Th...

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...

CNOOC Sweetened Nexen Offer Twice Before It Was Accepted

CP | Lauren Krugel, The Canadian Press | Posted 10.24.2012 | Canada Alberta

CALGARY - It took China National Offshore Oil Co. a couple of tries before oil and gas giant Nexen Inc. warmed to its takeover offer, according to an ...

Canada Awaits Chinese Nexen Takeover Proposal

CP | Bill Graveland, The Canadian Press | Posted 10.22.2012 | Canada Politics

CALGARY - Canada's industry minister says there is no deadline for his decision to approve or reject a Chinese state-owned company's multibillion-doll...

U.S. Should Block Chinese Takeover Of Canadian Oil Giant: Senator

CBC | Posted 09.26.2012 | Canada Business

High-ranking Democratic Senator Charles Schumer says the U.S. government should stand in the way of CNOOC's $15.1-billion deal to buy Nexen unless Chi...

Harper Plays Coy On Chinese Takeover Of Nexen

CP | Posted 07.24.2012 | Canada Business

OSHAWA, Ont. -- Stephen Harper is warning Canadians not to jump to conclusions about whether the federal government supports a $15-billion Chinese bid...

Will Ottawa Allow The Nexen Deal?

CP | Heather Scoffield, The Canadian Press | Posted 09.22.2012 | Canada Politics

OTTAWA - First China, then British Columbia.Two major developments on Monday are putting the centrepiece of Stephen Harper's much-vaunted economic str...