Canada Nexen

No One Sure How Much Of Canada's Energy Industry Is Foreign-Owned

CP | Andy Blatchford, The Canadian Press | Posted 01.23.2017 | Canada Business

"Unfortunately, there are no precise data on the foreign-owned share of the oil and gas sector."

Nexen Stops Production After Fatal Explosion Near Fort McMurray

CP | The Canadian Press | Posted 01.16.2017 | Canada Alberta

Nexen Energy said in a statement Friday night that there is no immediate danger to the neighbouring community.

Alberta Oilsands Explosion Kills 1, Injures Another

CP | The Canadian Press | Posted 01.16.2016 | Canada Alberta

"The affected facility has been shut down and we are stabilizing the scene."

Nexen Can Resume Oilsands Pipelines Operations: Regulator

CP | Posted 09.17.2016 | Canada Alberta

Nexen says it is committed to managing its operations in a safe, environmentally and socially responsible manner.

Fracking Company Loses Licence To Harvest B.C. Lake Water

CP | The Canadian Press | Posted 09.09.2015 | Canada British Columbia

Nexen said it is reviewing the decision to determine its next steps.

Some Nexen Pipelines Can Re-Open: Regulator

CP | Posted 09.06.2016 | Canada Alberta

Nexen Energy is being allowed to reopen some pipelines at an Alberta oilsands operation after provincial regulators suspended the licences for them last month.

Regulator Orders Nexen To Suspend 95 Pipeline Operations

CP | The Canadian Press | Posted 08.28.2016 | Canada Alberta

Curran says the pipelines will stay shut down until Nexen can show the AER that it is complying with the requirements of the Pipeline Act.

Nexen Pipeline Spill Highlights Critical Flaw In Premiers' Energy Strategy

Ecojustice | Posted 07.22.2016 | Canada Alberta

A week after the spill was first reported, Nexen still does not know what caused the pipeline to rupture or when it might have started to leak. The pipeline may have been leaking for hours or even days before a problem was finally detected. Clearly, when it comes to pipelines, new does not necessarily mean better -- or even safer.

An Oil Railway In B.C.?

CP | Bruce Cheadle, The Canadian Press | Posted 11.22.2013 | Canada British Columbia

OTTAWA - CN Rail, at the urging of Chinese-owned Nexen Inc., is considering shipping Alberta bitumen to Prince Rupert, B.C., by rail in quantities mat...

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...

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 ...

2012: Winners and Losers of Canadian Politics

Ryan Painter | Posted 03.11.2013 | Canada Politics
Ryan Painter

The jet lag has passed and the Christmas decorations (for some of us at least) are put away in storage. With 2013 stretching out before us, let's reflect on the year that was 2012 in Canadian politics. The best and worst political stories, the best and worst politicians and the biggest sellout.

The Nexen Deal Is Only the Beginning

Diane Francis | Posted 02.17.2013 | Canada Business
Diane Francis

After the Nexen deal was approved, Prime Minister Stephen Harper framed this as the "end of a trend" not the "beginning" of a buyout frenzy by more sovereign-owned enterprises (SOEs). But this is not the end. This is the beginning of the beginning. Phone calls are already being made to launch new buyouts by foreigners here.

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...

Harper's Make-and-Break Attitude on Foreign Investment

Gavin Magrath | Posted 02.11.2013 | Canada Politics
Gavin Magrath

The way Harper made his decision on the new foreign ownership rules is dangerous and undemocratic. Canada has legislation, the Investment Canada Act, that sets out the process and requirements for foreign purchases. Strange that the deal that prompted him to develop the policy will be immune from the policy. Can he choose to ignore his own rules the next time?

Media Bites: Snuggle Up, We're in Bed with China

J.J. McCullough | Posted 02.09.2013 | Canada Politics
J.J. McCullough

2012-04-27-mediabitesreal.jpg The big prime ministerial deed done this Friday was Harper's much-awaited blessing of the sale of the Calgary-based Nexen oil sands corporation to the cuddly commies at the China National Offshore Oil Coporation. According to some, our government is evidently making major decisions about international commerce using no coherent human logic whatsoever.

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...

'He's Intent On Having His Cake, And Eating It Too'

CP | Heather Scoffield, The Canadian Press | Posted 02.07.2013 | Canada Business

OTTAWA - The spectre of the National Energy Program has struck again.During the five months the Harper government spent agonizing over the CNOOC takeo...

Foreign State-Owned Companies Will Keep Coming: Experts

CP | Lauren Krugel, The Canadian Press | Posted 02.06.2013 | Canada Business

CALGARY - Foreign capital will continue to flow into Canada's resource sector, despite Prime Minister Stephen Harper's vow to raise the bar on the lev...

Feds Approve Chinese Takeover Of Nexen

CP | Posted 12.07.2012 | Canada Alberta

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

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 ...

Are All the Single Ladies Really Like the Oil Sands?

Lee Tunstall | Posted 01.15.2013 | Canada Business
Lee Tunstall

When I first read that Chen Weidong, chief energy researcher at the CNOOC Energy Economics Institute, had likened the oilsands to "leftover single women," I'll admit I was mightily aggrieved. This is because, well, I resemble that remark. It was flat out offensive. And women, especially single women, are becoming a powerful force in society.

There's Nothing Fair About Canada-China Trade

Diane Francis | Posted 01.06.2013 | Canada Business
Diane Francis

Last week, a casualty of China's unfair treatment of foreign investors spoke privately about the new trade deal signed between Ottawa and Beijing. Ottawa capitulated to China on everything. The deal, using a hockey metaphor, allows only a select few to play on Team Canada on a small patch of ice in China and to be fouled, without remedies or referees.