Insight: Security fears dogged Canada debate on China energy bid
OTTAWA - In September, two months after China's state-owned CNOOC Ltd made an unexpected $15.1 billion bid for Canadian energy company Nexen Inc, Canada's spy agency told ministers that takeovers by Chinese companies may threaten national security.
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Found more than 1 month ago on channel
Reuters
Analysis: Nexen's U.S. Gulf oilfields key to China's deepwater ambitions
HONG KONG/NEW YORK - CNOOC Ltd's purchase of Canadian energy producer Nexen Inc may prove to be bittersweet if U.S. regulators block the Chinese state-run oil company from taking over Nexen's oilfields in the Gulf of Mexico.
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Found more than 1 month ago on channel
Reuters
Canada approves Nexen and Progress Energy bids
NEW YORK/OTTAWA - Canadian authorities approved the acquisition of Nexen Inc by CNOOC Ltd and the purchase of Progress Energy by Petronas, easing months of anxiety over the fate of foreign investments in Canadian resources.
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Found more than 1 month ago on channel
Reuters
Canada reviews $15.1 billion Nexen takeover by Chinese company
The Canadian Industry Minister Christian Paradis has confirmed the review has started of China National Offshore Oil Company's $15.1 billion takeover deal with Calgary-based Nexen Inc.
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Cnooc to Submit Oil Deal for Review
China's Cnooc said it plans to defend its $15 billion proposed buyout of Canadian oil producer Nexen before U.S. regulators.
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