Nexen Inc
featured
Hedge funds are the most bullish they've been in about six years. Find out the top 10 stocks they love.
» Read More
More
-
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.
-
Chinese non-financial ODFI totaled $14.7 billion in December and $24.7 billion in the fourth quarter, Ministry of Commerce data released on Wednesday showed. Non-financial inbound FDI was $11.7 billion in December, down from $12.2 billion in December 2011.
-
LONDON, Jan 15- British exploration firm IGas Energy has received interest from some of the oil industry's biggest names to look for shale gas in the UK, its chief executive said, amid growing demand to develop the country's unconventional resources. Exxon Mobil was linked with IGas in December over a possible partnership.
-
RBC Capital Markets advised on 102 announced M&A deals worth $76 billion, according to data compiled by Thomson Reuters and released on Thursday.
-
BEIJING, Dec 28- China's CNOOC Ltd said on Friday it expects its $15.1 billion takeover of Canadian oil and gas producer Nexen Inc to close in the first quarter of 2013 at the earliest, a move that could be aimed at giving U.S. regulators more time to approve a sensitive aspect of the deal.
-
*US intervention made approval of CNOOC deal more difficult. OTTAWA, Dec 23- 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.
-
*Encana shares rise 3 percent, then edge back. Under the deal, which follows a failed joint-venture attempt by the pair in 2011, a unit of PetroChina known as Phoenix Duvernay Gas will take the nearly-half interest in Encana's Duvernay play in west-central Alberta, estimated to contain 9 billion barrels of oil equivalent.
-
*Japan's trading houses have $63 bln in cash. TOKYO, Dec 13- Acquisitive Japanese trading houses will find the course clear of some of their toughest competitors in the race for Canadian energy assets after Ottawa said it would bar state-owned companies from taking majority stakes in oil sands assets.
-
*CNOOC wants deepwater expertise to drill in South China Sea. HONG KONG/ NEW YORK Dec 13- 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.
-
HONG KONG, Dec 12- Hong Kong shares were set for a firmer start on Wednesday after a strong showing on Wall Street, while increased merger activity encouraged investors back into the market.
-
WILMINGTON, Del., Dec 11- China's largest auto parts maker got court approval on Tuesday for its controversial purchase of A123 Systems Inc, a bankrupt maker of electric car batteries, but the judge said he was troubled that a U.S. rival might be working to kill the deal.
-
The euro rose against the dollar Monday as comments made by Italy's prime minister allayed fears about the country's outlook.
-
**Nexen Inc's chief executive said on Monday that the $15.1 billion acquisition of the Canadian oil producer by China's CNOOC Ltd was not yet wrapped up despite the Canadian government's approval last week.
-
CALGARY, Alberta, Dec 10- The Committee on Foreign Investment in the United States must approve the Nexen deal before CNOOC Ltd, the Chinese state oil company, can close its $15.1 billion takeover of Canada's Nexen Inc, the last major hurdle to the deal, a source familiar with the matter said on Monday. "That's the principal one," the source said.
-
CALGARY, Alberta, Dec 10- Nexen Inc's chief executive said on Monday that the $15.1 billion acquisition of the Canadian oil producer by China's CNOOC Ltd was not yet wrapped up despite the Canadian government's approval last week.
-
CALGARY, Alberta, Dec 10- Kevin Reinhart, chief executive of Nexen Inc, said on Monday that the $15.1 billion acquisition of the Canadian oil producer by China's CNOOC Ltd was not yet wrapped up despite the Canadian government's approval of the deal last week.
-
*ILFC deal will boost China outbound M&A to $56.8 bln in 2012. Chinese firms have previously shown interest in aircraft leasing, and the deal would give China access to a global network of about 200 airlines in 80 countries. China is already ILFC's largest market with 180 planes operating there, giving it 35 percent market share.
-
*McDonald's shares rise on November sales. NEW YORK, Dec 10- U.S. stocks were set to open little changed on Monday as investors awaited any sign of progress in talks to avert the United States' so-called fiscal cliff of tax hikes and spending cuts.
-
*Yuan falls to 6.2451/ dlr on apparent c.bank intervention. SHANGHAI, Dec 10- The yuan closed at its weakest level in over a month on Monday after the central bank appeared to buy dollars in the session's final minutes, extending a pattern of intervention when trading volumes are low.
