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  • Canada extends review of CNOOC-Nexen deal by 30 days Thursday, 11 Oct 2012 | 9:35 AM ET

    TORONTO, Oct 10- Canada said on Thursday it has extended its review of a $15.1 billion bid by China's CNOOC Ltd. "I can confirm that the review period for China National Offshore Oil Corp's proposed acquisition of Nexen Inc. under the Investment Canada Act has been extended by 30 days," Christian Paradis, Canada's industry minister, said in a statement.

  • *Minister Paradis confirms extension of review period under the investment. *Canada Minister Of Industry-confirms review period for CNOOC's proposed. *Canada Minister Of Industry-the proposed transaction is undergoing a rigorous.

  • PRESS DIGEST-Canada-Oct 11 Thursday, 11 Oct 2012 | 6:04 AM ET

    *A Canadian naval intelligence officer pleaded guilty to spying for Russia, a public admission of an embarrassing espionage scandal that has damaged Canada's reputation among allies and will likely reverberate for years.

  • OTTAWA, Oct 10- Canada should allow China's state-owned CNOOC Ltd to buy Canadian oil company Nexen Inc, a former central bank chief said on Wednesday, brushing aside arguments that oil is a "strategic" resource off-limits to foreigners.

  • OTTAWA, Oct 9- Canada indicated strongly on Tuesday it would exclude Chinese telecom equipment giant Huawei Technologies Co Ltd from helping to build a secure Canadian government communications network because of possible security risks.

  • OTTAWA, Oct 9- Canada indicated strongly on Tuesday it would exclude Chinese telecom equipment giant Huawei Technologies Co Ltd from helping to build a secure Canadian government communications network because of possible security risks.

  • BEIJING, Oct 8- China is spending $14 billion on pilot projects to turn coal in remote parts of the country into natural gas, a risky bet that could help meet the country's surging demand for the cleaner fuel.

  • *Canada expects Indian companies will make oil sands deals. *Chinese bid for oil producer Nexen makes waves in Canada. To some political consternation in Canada, China is rapidly buying up assets in the tar sands of northern Alberta, one of the world's biggest crude oil deposits.

  • OTTAWA, Oct 5- Canada's industry minister appeared to suggest on Friday that investors should not read too much into his extending the timeline for review of the proposed takeover of Progress Energy Resources Corp by Malaysian state oil company Petronas, saying such extensions are normal.

  • HONG KONG, Oct 5- Asian credit spreads moved in further on Friday boosted by inflows into riskier assets and as sentiment remained upbeat ahead of the crucial US jobs data. The iTraxx Asia ex- Japan investment grade index series 18 tightened by 1-2 bp to 128/ 131 bp after the European Central Bank provided further assurance about its bond buying programme.

  • PRESS DIGEST-Canada-Oct 5 Friday, 5 Oct 2012 | 6:11 AM ET

    *XL Foods, the Alberta beef packer at the center of a massive recall, is taking full responsibility for the tainted product as questions mount over why Canadian officials let the company's plant operate for two weeks after the U.S. deemed the meat unfit to cross the border.

  • *Canadian PM says CNOOC bid raises difficult issues. *Government deciding whether to approve CNOOC bid for Nexen.

  • HONG KONG, Oct 5- Hong Kong shares are expected to rise for a fifth straight session and poised to end a holiday-shortened week with mild gains, although caution ahead of U.S. payrolls data is likely to keep trading activity light.

  • *Canadian PM says CNOOC bid raises difficult issues. *Government deciding whether to approve CNOOC bid for Nexen.

  • *Canada studying whether to approve CNOOC bid for Nexen. *Some in Canada's ruling party uneasy about CNOOC bid. OTTAWA, Oct 4- CNOOC Ltd's $15.1 billion bid for oil firm Nexen Inc raises a series of difficult policy questions, Canadian Prime Minister Stephen Harper said on Thursday.

  • OTTAWA, Oct 4- CNOOC Ltd's $15.1 billion bid for oil firm Nexen Inc raises a series of difficult policy questions, Canadian Prime Minister Stephen Harper said on Thursday. Canada's Conservative government is currently deciding whether to approve the bid.

  • *Government deciding whether to approve CNOOC bid for Nexen. OTTAWA, Oct 4- Canada's main opposition party on Thursday demanded the government reject a Chinese state-owned company's landmark $15.1 billion bid for oil producer Nexen Inc, saying approval of the deal could trigger "a tidal wave" of foreign takeovers.

  • *Canada NDP says fears possible tsunami of foreign bids* Government deciding whether to approve CNOOC bid for Nexen* NDP cites lack of transparency in approval process* Nexen shares lose one percent after comments By David Ljunggren.

  • *Government deciding whether to approve CNOOC bid for Nexen. OTTAWA, Oct 4- Canada's main opposition party on Thursday demanded that the government reject a landmark $15.1 million bid by Chinese state-owned CNOOC Ltd for oil producer Nexen Inc, saying it could provoke "a tidal wave" of foreign takeovers.

  • OTTAWA, Oct 4- The Canadian government must reject Chinese state-owned CNOOC Ltd's $15.1 billion bid for oil producer Nexen Inc until the impact of the deal on jobs and the environment is made clear, the main opposition New Democratic Party said on Thursday.