Nexen Cnooc Takeover


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...

Not Poking The Panda Paid Off For Harper

OTTAWA - On a Saturday afternoon last February, Prime Minister Stephen Harper sat on a bench in a Chinese zoo, his wife by his side.On her lap squirmed a baby panda, one paw stretched toward Harper.He...

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...