Chinese companies commit to oil sands despite setbacks
Patient capital means Chinese majors unlikely they will leave the oil sands anytime soon.
Nexen Energy announces $400M expansion of its Alberta oil sands project
Will add three steam-driven well-pads that will send bitumen to its existing facilities.
Nexen pipeline spills 5M litres of emulsion near Fort McMurray
Company says the affected area is about 16,000 square metres, mostly along the pipeline’s route.
Nexen to cut 400 jobs amid industry downturn
Says cuts are compliant with commitments made to the federal government in CNOOC takeover.
Husky starts up Liwan offshore natural gas platform
The project southeast of Hong Kong taps into three offshore fields, using shared infrastructure to produce the gas.
Governor General sharpens focus on China amid investment concerns
David Johnston is upbeat about an impending visit where he hopes to continue the four decades of Canada-Sino relations.
CNOOC begins trading on TSX as part of Nexen takeover
ADRs were worth about C$212 on Wednesday.
CNOOC officially owns Nexen
Nexen’s existing assets and CNOOC’s North and Central American operations will be headquartered in Calgary.
Chinese could shift energy investments to forestry, mining
Canadian mining exports to China have eclipsed total exports to Germany.
Encana, PetroChina partner to develop natural gas in Alberta
Companies will invest $4 billion in central Alberta shale development.
Foreign investment to slow moderately in oilsands, but that’s not all bad
May depress the value of some Canadian firms, but only moderately.
CNOOC-Nexen: the ghost of the National Energy Program stills haunts Ottawa
Approving Nexen takeover won’t undermine free-market control of the oil patch, according to prime minister Harper.
Progress, Petronas approval vital to LNG expansion
Companies to proceed with the construction of the Lelu Island export facility.
New foreign investment rules will kick off talks in Alberta
Alberta intergovernmental affairs minister says Ottawa needs to be more transparent in it’s next version of foreign investment rules.
Liberal contender Trudeau supports Nexen takeover, not Northern Gateway
Nexen-CNOOC deal would create middle-class jobs and bolster trade relations with China, he says.