Skeena Bulkley Valley MP and NDP House leader says the Harper government's approval of the takeover by CNOOC, the China National Offshore Oil Corporation of the Alberta-based energy company, Nexen Inc. makes “absolutely no sense.” Cullen also told northwest reporters in an end-of-year news conference that if the Conservatives continue their present policies, “Beijing will be […]
Tag: Nexen
Five major energy companies have filed documents with the Northern Gateway Joint Review Panel saying they are backing the pipeline project in one way or another Cenovus Energy Inc., which runs the condensate operation at the old Methanex site in Kitimat and MEG are funding participants, that is they are investing in the pipeline. MEG […]
Giant Japanese energy consortium buys into BC shale gas
November 29, 2011
Energy A large Japanese consortium lead by Inpex Corporation has agreed to buy a 40 per cent stake in shale gas assets owned by Calgary-based Nexen, an energy exploration company. A Nexen news release calls the deal "a strategic partnership." The deal is worth $700 million and covers the development of shale gas deposits in […]
Another big energy company is looking for a way to get its shale gas from northeastern British Columbia to the lucrative markets of East Asia. At Monday's Canadian Petroleum Producer's investor conference in Calgary, Nexen announced it was looking for a joint venture partner to export the shale gas through a west coast port to Asia. […]