Nexen Newswire

Nexen Newswire

Comprehensive Real-Time News Feed for Nexen.

Results 1 - 8 of 8 in Nexen

  1. CNOOC cutbacks at Long Lake oil-sands site caps years of troubleRead the original story

    Jul 14, 2016 | World Oil

    ... cost overruns and underperformance before CNOOC gained complete ownership when it paid about C$15 billion in 2013 for Nexen Energy. The site in northeastern Alberta combines steam-assisted extraction and upgrading that removes the impurities and ...

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  2. CNOOC replaces CEORead the original story w/Photo

    Jun 15, 2016 | Castanet.net

    Chinese petroleum multinational CNOOC Ltd. has announced the immediate replacement of its chief executive officer, who was appointed last week as a deputy director for China's National Energy Administration. Li Fanrong had been CEO of CNOOC since 2011 and led it through the controversial purchase of Calgary-based Nexen Inc. in a $15.1 billion deal that resulted in changes to Canadian foreign takeover law.

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  3. Michele Romanow's entrepreneurial secret? Launch now, fix laterRead the original story w/Photo

    Jun 2, 2016 | Canadian Business Magazine

    ... "Maybe thinking I'd never be as successful as my dad." (That would be Marvin Romanow, the former CEO of oilpatch giant Nexen.) Her worries seem unfounded. Over the past decade, she's learned that success demands refusing rejection and not waiting ...

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  4. Nexen, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment ReportRead the original story w/Photo

    May 26, 2016 | PR-inside.com

    MarketLine's Company Mergers & Acquisitions , Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. MarketLines' Nexen, Inc. Mergers & Acquisitions , Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions , divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Nexen, Inc. since January 2007.

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  5. To buy a Swiss company, ChemChina must pass through WashingtonRead the original story w/Photo

    Feb 19, 2016 | The Hill

    ... deals in the past. In 2013, CFIUS authorized the China National Offshore Oil Corporation's purchase of Canada's Nexen Inc. only after drilling leases in the Gulf of Mexico were transferred to prevent the Chinese company taking control . Syngenta, ...

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  6. Lowe's-Rona deal the latest in long run of foreign purchasesRead the original story w/Photo

    Feb 3, 2016 | CBC News

    ... Cdn acquisition, which still must get approved by the various regulatory bodies and shareholders for it to proceed. Nexen Inc. agreed to be acquired by CNOOC for $15.1 billion US. Nexen chief executive Kevin Reinhart later left the company. (Jeff ...

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  7. China Investment Corp. closes Toronto office in wake of commodity routRead the original story w/Photo

    Dec 31, 2015 | The Globe and Mail

    The Nexen building in downtown Calgary, in file photo from July. The federal government recently approved the acquisition of Nexen Inc. by China's CNOOC Ltd. The Nexen building in downtown Calgary, in file photo from July.

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  8. Canada's oilpatch suffers a miserable year in 2015Read the original story w/Photo

    Dec 31, 2015 | CBC News

    ... of our challenges is in the good times we let our costs get out of control," said Charlie Fischer, the former CEO of Nexen. "We're not a low-cost producer any more, we are a relatively high-cost producer and those costs are across the board." Amid ...

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