Nexen Inc. received approval from the Committee on Foreign Investment in the United States (CFIUS) regarding its CNOOC Ltd.’s $15.1 billion acquisition of Nexen. All of the requisite approvals have ...

HONG KONG/CALGARY (Reuters) - State-controlled CNOOC Ltd launched China's richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen Inc for $15.1 billion, forcing ...

Canada based Nexen Inc. (NYSE:NXY - News) has entered into a joint venture (:JV) agreement with CNOOC Ltd (NYSE:CEO - News) entailing the Chinese company to participate in deepwater exploration in the ...

TORONTO (AP) — Shareholders of Canadian oil and gas producer Nexen Inc. voted Thursday to approve a proposed $15.1 billion takeover of the company by Chinese state-owned CNOOC, but the foreign ...

Nexen tells Financial Post it is considering its own liquefied natural gas project on Canada's west coast, leveraging its 30K acres of shale gas deposits in British Columbia and parent company Cnooc’s ...

SHANGHAI - China moved Monday toward its biggest overseas energy acquisition as offshore oil and gas giant CNOOC Ltd. announced an agreement to buy Canadian producer Nexen Inc. for $15.1 billion. The ...

China's CNOOC Ltd expects its $15.1 billion takeover of Canadian oil and gas producer Nexen to close in the first quarter of 2013 at the earliest, a move that could be aimed at giving US regulators ...

Chinese authorities have launched a sweeping investigation into alleged corruption involving two high-ranking officials of China National Offshore Oil Company (CNOOC), intensifying scrutiny on the ...

CALGARY, Alberta (AP) — Canadian energy producer Nexen Inc. says a U.S. government agency has given the final approval required for its acquisition by China’s state-owned CNOOC. Nexen said Tuesday the ...