NEXEN BUYOUT

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...

Should the U.S. Stick Its Head in Our Oil Sands?

Senator Chuck Schumer wants the U.S. government's Committee on Foreign Investment in the United States to intervene to block the China National Offshore Oil Corporation (CNOOC) -- a state-owned firm -- from purchasing Nexen, a Canadian energy company active in the oil sands of Alberta. At first glance, it seems awfully presumptuous of the United States government to intervene at all.