Search for: "Nexen Corporation"
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30 Nov 2023, 7:38 am
The corporate claimants received an overall two-star rating of “poor” on the Trustpilot page. [read post]
12 Dec 2017, 4:36 pm
John Reed Stark One of the most interesting and arresting business stories of 2017 has been the astonishing proliferation of initial coin offerings (ICOs), as I discussed in a prior post (here). [read post]
20 Jan 2015, 1:28 pm
Aurora LNG, a joint venture among Nexen Energy ULC (an affiliate of Chinese energy company China National Offshore Oil Corporation (CNOOC)), INPEX Corporation, and JGC Corporation, has filed a revised project description with the British Columbia (B.C.) [read post]
1 Dec 2014, 2:27 pm
Energetic City reports that Aurora LNG, a joint venture among Nexen Energy ULC, INPEX Corporation and JGC Exploration Canada Ltd., has received approval from the British Columbia (B.C.) government to transfer the site for Aurora LNG’s proposed LNG terminal under its sole proponent agreement with B.C. from the northern portion of Grassy Point to Digby Island, B.C. [read post]
27 Mar 2014, 9:13 am
Such takeovers would face “strengthened scrutiny” over the extent and nature of the foreign government’s corporate control, he said, and would only be permitted in “exceptional circumstance. [read post]
8 Jan 2014, 4:00 am
More recently, a coalition of Canadian human rights, development, labour and faith groups, the Canadian Network on Corporate Accountability, has launched a campaign for strengthened corporate accountability, Open for Justice. [read post]
2 Dec 2013, 2:22 pm
Aurora LNG, a joint venture of Nexen Energy ULC (owned by China National Offshore Oil Corporation (CNOOC)), and Japanese companies INPEX Corporation and JGC Exploration Canada Ltd., filed an application with the Canadian National Energy Board (NEB) for authority to export up to 1140 Bcf/year of LNG over a 25 year period from a proposed export terminal anticipated to be located in the vicinity of Prince Rupert, British Columbia. [read post]
11 Jun 2013, 7:02 am
Chinese SOEs are not publicly accountable the way that Crown corporations in Canada are. [read post]
10 May 2013, 11:13 am
At that time, while it approved the acquisition by Chinese SOE, CNOOC, of Canadian oil and gas company, Nexen, the Government announced its intention to prohibit acquisitions of control of Canadian oil sands businesses by SOEs except on an exceptional basis. [read post]
17 Apr 2013, 1:43 pm
Hundreds of contracts were transferred to Nexen. [read post]
New Publications: China SOE Paper: “Evolution of China’s Energy Institutions” (UofA China Institute)
16 Mar 2013, 8:33 am
China’s SOEs are taking a proactive role in positioning China abroad in quest of enhanced energy security by securing existing footholds in some locations and positioning in others for future considerations, which is evidenced by the China National Offshore Oil Corporation’s (CNOOC) $15.1 billion acquisition of Canada-based NEXEN Inc. in 2012. [read post]
1 Mar 2013, 11:56 am
Management Solutions, Inc., a Texas Corporation; Wendell A. [read post]
24 Jan 2013, 6:02 am
New SOE Guidelines On December 7, 2012, the Minister of Industry announced that the $15.1 billion acquisition of Nexen Inc. by China National Offshore Oil Co. [read post]
31 Oct 2012, 8:17 am
Furthermore, the arrangement agreement provides for a $425 million reverse termination fee (equal to approximately 2.8% of the value of the transaction) to be paid by CNOOC to Nexen in the event of termination of the agreement due to a failure to obtain regulatory approvals. [read post]
21 Oct 2012, 10:13 am
Taken as a whole, these actions signal the market for corporate control in Canada – especially when it comes to foreign buyers – is effectively closed. [read post]
7 Aug 2012, 5:47 am
“I have serious national security concerns with the Chinese government, acting through one of its corporations, purchasing a company that will give it control over significant U.S. oil and gas resources,” U.S. [read post]
3 Aug 2012, 10:32 am
With the recent announcement of a proposed friendly take-over of Nexen by the China National Offshore Oil Corporation (CNOOC), some Canadian and international media are asking whether the deal will be blocked under the Investment Canada Act. [read post]
31 Jul 2012, 5:12 am
The case involves trading in shares in advance of the announced $15 billion acquisition of a Canadian oil producer, Nexen, by the state-owned Chinese oil company, China National Offshore Oil Corporation, or CNOOC. [read post]
29 Jul 2012, 10:42 am
The Securities and Exchange Commission (SEC) [official website; press release] is accusing the brokers of insider trading related to the July 23 acquisition of Canadian oil firm Nexen by China-based CNOOC Limited [corporate websites]. [read post]
27 Jul 2012, 1:05 am
Nexen owns a U.S. subsidiary that has offshore oil drilling assets in the Gulf of Mexico. [read post]
