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  • September 20, 2014
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Results 1 - 10 of 28 for gulf of tonkin

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  1. Business - Commodities - ENERGY

    Nexen deal sees US hobble CNOOC in Gulf fields

    Posted Mar 03rd 2013, 12:00am by BLOOM, Kwong Man-ki

    ... Bloomberg and Kwong Man-ki in Beijing US hobbles CNOOC in Gulf fields US hobbles CNOOC in Gulf fields CNOOC, China's largest offshore oil and natural gas producer, has been barred from controlling Gulf of Mexico oilfields under the terms of its US$15 billion takeover of Canadian firm Nexen. The state-owned oil giant's purchase of Nexen includes about 200 deep-water ...

  2. Business - Commodities - ACQUISITIONS

    China oil giants change focus after spending spree

    Posted May 12th 2014, 02:58am by Eric Ng

    ... Nexen's expertise in developing Canada's shale gas and oil sands- both unconventional energy resources- as well as deep-sea drilling in the Gulf of Mexico, which would help develop domestic ...

  3. Business - Commodities - ENERGY

    China scrambles to boost oil output

    Posted Oct 31st 2013, 02:57am by Reuters

    ... in domestic natural gas prices and moves to link pump prices more closely with international crude costs. The increase, however, is far from enough to bridge the gulf between the energy consumption ...

  4. Business

    China’s CNOOC agrees to alter Nexen’s US oil lease, says reports

    Posted Mar 02nd 2013, 11:54am by Reuters in Hong Kong

    ... Reuters in Hong Kong Chinese oil giant CNOOC Ltd has agreed to changes its oil-drilling leases in the Gulf of Mexico to quell US national security concerns as a condition for US approval ... on Foreign Investment in the United States (CFIUS) following its extended review. The deal needed US approval because Nexen owned more than 200 drilling leases in the Gulf of Mexico, a key oil supply ...

  5. Business - Companies - ENERGY

    CNOOC's US$15b takeover bid wins approval from Nexen investors

    Posted Sep 21st 2012, 12:00am by BLOOM

    ... which would have delivered more oil from Alberta to Gulf Coast refineries, he said. The government said on August 29 that it had received CNOOC's application to buy Nexen. Canada has 45 ... a decision on the CNOOC bid. Nexen produces crude from its Long Lake oil-sands project in Alberta, as well as projects in the North Sea, offshore West Africa and the Gulf of Mexico. US authorities ...

  6. Business - Companies - TAKEOVERS

    CNOOC resubmits bid for Nexen to US regulators

    Posted Nov 29th 2012, 12:00am by BLOOM

    ... in the US portion of the Gulf of Mexico. The Canadian government is reviewing the sale of Nexen under its foreign-takeover law, which specifies transactions need to have a "net benefit" ...

  7. Business - Companies

    Cnooc may have to cede control of rigs near base for Nexen deal

    Posted Dec 07th 2012, 11:13am by Bloomberg

    ... is controlled by the Chinese government, to those Nexen platforms in the Gulf of Mexico, said Stewart Baker, a former US Homeland Security Department official. “Typically, the national security concern ... on the CFIUS review. Nexen’s platforms in West Delta, the closest offshore region to the base, are part of shallower operations in the Gulf’s shelf that the company deems “mature” and for which Nexen ...

  8. Comment - Insight & Opinion

    CNOOC-Nexen deal opens Canadian investment door

    Posted Dec 15th 2012, 12:00am by G. BIN ZHAO

    ... for China's largest foreign investment project and for Canada's second-largest foreign acquisition in history. However, because Nexen has exploration and production projects in the Gulf of Mexico, the deal also requires US approval. That may be a difficult nut to crack, though, fortunately, the Gulf of Mexico assets are not a large proportion of Nexen's operations, so ...

  9. Business - China Business

    Nexen loses steam after CNOOC bid

    Posted Sep 07th 2012, 12:00am by Bloomberg

    ... foreign investment to develop and market its raw materials. Nexen's Gulf of Mexico operations are not "national treasures" that would prompt the United States to raise obstacles ... cent of Nexen's production last year came from its Canadian operations. Its oil and gas assets include production platforms in the North Sea, the Gulf of Mexico and Nigeria, as well as oil ...

  10. Business - China Business - SHIPPING

    Port Miami delegation in Beijing to woo Asian cargo

    Posted Dec 05th 2012, 12:00am by Keith Wallis

    ... and Gulf coast ports to attract Asian maritime interests. The meeting, supported by the US ambassador to China Gary Locke and the US Chamber of Commerce, comes as eastern US ports are tussling ... in the Journal of Commerce's transpacific maritime conference in Shenzhen. Several other east and Gulf coast ports came as repeat participants, as they try to attract cargo from US west coast ports, ...




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