Nexen

CNOOC joins the rush with US$4b bond sale

7 May 2013

The mainland's largest offshore energy explorer undertook a record offering of securities to replace part of a loan used to acquire Nexen, which operates in Canada's oil sands, data shows. The...

4:27AM

CNOOC on the lookout for more deals post-Nexen

23 Mar 2013

CNOOC will continue to seek growth opportunities abroad after completing mainland China's largest overseas acquisition, which its chairman said was full of challenges. China's largest offshore oil...

5:14AM

Nexen deal shows how Chinese firms can do business in US

18 Mar 2013

The fact that China National Offshore Oil Corporation's US$15.1 billion acquisition of Calgary-based Nexen went through successfully, with the required US approval, shows that direct investment...

1:41AM

Nexen deal sees US hobble CNOOC in Gulf fields

3 Mar 2013

CNOOC's purchase of Nexen includes about 200 deep-water leases in the Gulf. The company surrendered operating control of them to quell US national security concerns.

5:17AM

CNOOC will face serious challenges managing Nexen

20 Feb 2013

CNOOC's acquisition of Nexen is being watched closely, given that it is China's largest overseas investment acquisition to date. How the China National Offshore Oil Corporation integrates and...

4:12AM

CNOOC-Nexen deal opens Canadian investment door

15 Dec 2012

After careful consideration, the Canadian government has finally approved the acquisition of Nexen by the China National Offshore Oil Corporation (CNOOC).

3:30AM

Opinion

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2:53AM

Shirley Yam

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3:37AM

Goldman, BMO among banks to get fees for Nexen, Progress

Goldman Sachs, Bank of Montreal and other financial firms stand to claim as much as US$150 million in investment-banking fees after Canada approved the foreign takeovers of Nexen and Progress...

3:07PM

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

China’s biggest offshore oil and gas producer may have to give up control of drilling platforms 50 miles from a major US military base to win government approval for its US$15.1 billion purchase...

11:13AM

CNOOC resubmits bid for Nexen to US regulators

Chinese oil and gas giant CNOOC has withdrawn and resubmitted its C$15.1 billion (HK$117.8 billion) bid for Canada's Nexen to United States regulators for approval.

3:46AM

Chinese envoy to Canada denies company spying

Beijing’s envoy to Canada on Saturday denied that Chinese companies were involved in industrial espionage, and challenged anyone to prove the contrary.

10:55AM

Working with China is a far more productive strategy than exclusion

It is hard to tell which society, Asian or Western, is imprisoned by the more retrograde ideas. Equally so, pleasant surprise is the result of hearing that new and positive attitudes take root in...

3:00AM

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Briefs, October 26, 2012