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Stock Market & Financial Investment News

News Breaks
December 8, 2012
11:16 EDTNXY, CEOCNOOC, Nexen deal said to receive Canadian government approval, Reuters says
The acquisition of Nexen (NXY) by CNOOC (CEO) is said to have received Canadian government approval, according to a Reuters report that cites a source familiar with the matter.Reference Link
News For CEO;NXY From The Last 14 Days
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April 27, 2015
09:32 EDTCEOPraxair signs contract to provide gases to CNOOC
Praxair (PX) announced it has signed a long-term contract to provide industrial gases to the China National Offshore Oil Company (CEO). "The project, expected to start up in 2017, will enable the reliable and efficient supply of industrial gases for CNOOC’s refinery and downstream chemical production," it stated. Praxair will build, own and operate two 2,400 tons per day air separation plants in the Huizhou Daya Bay Chemical Industrial Park, located in Huizhou, Guangdong, China.
April 24, 2015
05:49 EDTCEOCNOOC reports Q1 production up 9.4% to 118.3M BOE
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April 23, 2015
05:47 EDTCEOCNOOC announces Kenli 10-1 oilfield has commenced production
CNOOC announced that the Kenli 10-1 oilfield has commenced production. The Kenli 10-1 oilfield is located in the South of Bohai with an average water depth of approximately 17 meters. The main production facilities of this oilfield include one central processing platform, two wellhead platforms and 70 producing wells. There are currently 12 wells producing approximately 10,750 barrels of crude oil per day. The oilfield is expected to reach its ODP designed peak production of approximately 36 thousand barrels per day in 2016. The Kenli 10-1 is an independent oilfield in which the company holds 100% interest and acts as the operator.

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