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Nexen Inc

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  • Landlines, Leapfrogs and China's Energy Curve Monday, 3 Jun 2013 | 1:03 PM ET
    Yanlian Oil Refinery

    Leapfrogging legacy technology is a critical theme in the rise of the developing world, and China hopes to embrace this thinking when it comes to energy production.

  • Hedge Funds Get Bullish: 10 Stocks They Love Monday, 25 Feb 2013 | 12:42 PM ET

    Hedge funds are the most bullish they've been in about six years. Find out the top 10 stocks they love.

  • Peter Ma

    China approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, completing the biggest equity purchase in the country by a foreign investor.

  • Chinese outbound foreign direct investment (ODFI) was the largest on record in December, demonstrating Chinese companies' increasing appetite for foreign assets and a balancing out of the country's cross-border capital flows.

  • Euro Rises After Italy's Monti Quiets Alarm Monday, 10 Dec 2012 | 5:22 PM ET

    The euro rose against the dollar Monday as comments made by Italy's prime minister allayed fears about the country's outlook.

  • Early Movers: IR, IN, AAPL & More Monday, 10 Dec 2012 | 8:02 AM ET

    Some of the names on the move ahead of the open.

  • Asia Crawls Higher on US, China Outlook Monday, 10 Dec 2012 | 5:00 AM ET

    Asian shares touched a 16-month high on Monday as investors took heart from rising factory output growth in China and a falling unemployment rate in the United States that raised hopes about the outlook for the world's top two economies.

  • Expect More Chinese Takeovers: Pro  Sunday, 9 Dec 2012 | 6:20 PM ET

    Damon Vickers, MD & CIO, Damon Vickers & Co. expects China's demand for resources will fuel its takeover appetite. He adds that China will soon take over swathes of industries in the West.

  • Assessing Canada's Pivot to China  Sunday, 9 Dec 2012 | 5:20 PM ET

    Glenn Maguire, Principal & Chief Economist, Asia Sentry Advisory says Canada's approval of CNOOC's bid for Nexen will set an important precedent. He adds that Canada will need Chinese investment to tap its immense reserves.

  • Canada Approves China's Biggest Foreign Takeover Friday, 7 Dec 2012 | 11:18 PM ET
    The Cnooc Ltd. headquarters stand in Beijing, China

    Canada has approved China's biggest ever foreign takeover, the $15.1 billion bid from CNOOC for energy company Nexen, but has drawn a line in the sand against future buys by state-owned enterprises.

  • Will the market be able to continue shrugging off bickering over the "fiscal cliff?" What will the Fed say after its two-day meeting? Here's what to watch in the week ahead.

  • *SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

  • OTTAWA, Nov 6- A top legislator in Canada's ruling Conservative Party on Tuesday made public his fierce opposition to a bid by China's CNOOC Ltd for Nexen Inc, underlining the political challenges facing Ottawa as it studies the takeover.

  • *SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.

  • *Speaks on eve of trip to India, Philippines, Hong Kong. Speaking on the eve of a trip to India and other parts of Asia, Harper said in an interview published in Saturday's Postmedia newspapers that Canada as a general rule welcomes foreign investment.

  • *PM, on Nov 3-11 Asian trip, will say Canada open for business. OTTAWA, Nov 1- Prime Minister Stephen Harper will promote Canada as open for business during a Nov. 3-11 trip to Asia, although he is not likely to unveil long-awaited guidelines for foreign takeovers of Canadian firms, an aide said on Thursday.

  • *Sources say review of CNOOC bid for Nexen set to be extended. The Conservative government has promised to present new guidelines at around the same time it announces its decision on whether to approve a $15.1 billion bid by China's state-owned CNOOC Ltd to take over oil producer Nexen Inc.

  • OTTAWA, Oct 31- Canada is likely to extend its review of the $15.1 billion bid by China's CNOOC Ltd for oil producer Nexen Inc beyond next week's deadline to allow more time for the government to formulate a broad framework on foreign investment, two sources close to the matter said on Wednesday.

  • OTTAWA, Oct 31- Canada is likely to extend its review of the $15.1 billion bid by China's CNOOC Ltd for oil producer Nexen Inc beyond next week's deadline to allow more time for the government to formulate a broad framework on foreign investment, two sources close to the matter said on Wednesday.

  • OTTAWA, Oct 31- The Canadian government's review of the $15.1 billion bid by China's CNOOC Ltd for Canadian oil firm Nexen Inc is unlikely to be finished by next week's deadline, two sources close to the transaction said on Wednesday.