Sentences with phrase «oil and gas producer nexen»
Chinese companies are expanding abroad and acquiring assets such as state - owned CNOOC Ltd.'s $ 15.1 billion purchase this month of Canadian oil and gas producer Nexen.
http://www.sandiegouniontribune.com/
OTTAWA — The Harper government is buying itself some more time to deal with a political hot potato, extending a review of the controversial $ 15.1 - billion bid by a Chinese state - owned company to acquire Calgary - based oil and gas producer Nexen Inc (TSX: NXY).
CALGARY — The closing date of Chinese oil giant CNOOC's US$ 15.1 - billion takeover of Calgary - based oil and gas producer Nexen has been extended by 30 days to March 2.
Not exact matches
The immediate precipitator of course is Investment Canada's approval of two majority SOE investments in the oil and gas sector: the $ 5 billion acquisition of gas player Progress Energy by Malaysian SOE Petronas and the larger ($ 15 billion) acquisition of oil producer Nexen Inc. by CNOOC.
One of the largest oil and gas producers listed on the Toronto Stock Exchange, Nexen offers a 5 - per - cent discount on its DRIP.