No more state oil grabs, vows Canadian PM

Canada’s government has approved China’s biggest overseas energy acquisition, a €11.7bn takeover by state-owned CNOOC of oil and gas producer Nexen.

No more state oil grabs, vows Canadian PM
Sat, 08 Dec, 2012 - 11:35

Canada’s government has approved China’s biggest overseas energy acquisition, a €11.7bn takeover by state-owned CNOOC of oil and gas producer Nexen.

But the Canadian prime minister vowed to reject any future foreign takeovers in the oil sands sector by state-owned companies.

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CourtsBusinessHeathrowPlace: CanadaPlace: AlbertaPlace: Saudi ArabiaPlace: VenezuelaPlace: AmericasPlace: USPlace: VancouverPlace: western CanadaPlace: Gulf of MexicoPlace: North SeaPlace: AfricaPlace: Middle EastPerson: prime ministerPerson: Stephen HarperPerson: CanadiansPerson: HarperOrganisation: CanadaOrganisation: ChinaOrganisation: CNOOCOrganisation: NexenOrganisation: Conservative governmentOrganisation: PETRONAS’Organisation: Progress EnergyOrganisation: PetronasOrganisation: SuncorOrganisation: UnocalOrganisation: BHP BillitonOrganisation: PotashOrganisation: MacDonald, Dettwiler and Associates’
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