CNOOC’s (CEO) $15.1 Billion Takeover of Nexen (NXY) is Approved by the Canadian Government

This week, Chinese state-owned oil company CNOOC (China National Offshore Oil Corp) (CEO: Charts, News) moved one step closer to taking over Calgary-based gas producer Nexen (NXY: Charts, News) for $15.1 billion, after the Canadian government stated... Read more