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Stock Market & Financial Investment News

News Breaks
December 9, 2012
16:01 EDTNXY, CEOCanada approves proposed acquisition of Nexen by CNOOC
Nexen (NXY) announced that under the terms of the Investment Canada Act, the Honourable Christian Paradis, Minister of Industry, has approved the proposed acquisition of Nexen by CNOOC Limited (CEO). No further approvals are required in Canada. "This is an important milestone in the process and confirms our belief that this transaction provides a number of significant benefits to Canada and to Nexen," said Kevin Reinhart, Nexen's interim President and CEO. "We remain focused on working with CNOOC to bring this transaction to a close." The closing of the acquisition remains subject to the receipt of applicable government and regulatory approvals, and the satisfaction or waiver of the other customary closing conditions.
News For NXY;CEO From The Last 14 Days
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October 24, 2014
05:42 EDTCEOCNOOC announces new discovery Jinzhou 23-2 in Bohai
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October 23, 2014
06:44 EDTCEOChina to raise energy resource tax, Xinhua reports
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October 22, 2014
05:42 EDTCEOShell announces Gabon deep-water gas discovery
Shell (RDS.A, RDS.B)announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, west of Gamba. It was drilled in water 2,110 metres deep to a total vertical depth of 5,063 metres. Shell and partners are planning to undertake an appraisal programme to further determine the resource volumes. Leopard-1 was drilled in license BCD10, operated by Shell. Second partner in the venture is CNOOC (CEO). This frontier discovery follows recent deep water exploration successes in the heartlands for Shell Exploration in the Gulf of Mexico and Malaysia.
October 13, 2014
05:35 EDTCEOCNOOC reports Enping 24-2 oilfield commences production
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