Nexen
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China’s oil champion CNOOC prepares retreat from Canada, U.S., U.K. over sanctions fearCNOOC is seeking to sell "marginal and hard to manage" assets in Britain, Canada and the United States, a senior industry source told Reuters.CanadaApr 13, 2022
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Canada needs a plan to prevent hostile post-coronavirus foreign takeovers, experts warnNational security experts warn the government needs a strategy as the pandemic ravages businesses.CanadaMay 22, 2020
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Chinese companies commit to Alberta oilsands despite setbacksWhile some European and U.S. companies cut their exposure to the Canadian oilsands, China's Big Three oil giants -- CNOOC, PetroChina and Sinopec -- seem content to let their bets ride even if the results haven't been spectacular.EconomySep 3, 2019
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CNOOC fined $450,000 for blast that killed 2 men at Long Lake facilityThe company formerly known as Nexen Energy has been fined $450,000 after pleading guilty to charges in the 2016 deaths of two workers near Fort McMurray.CrimeApr 19, 2019
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Cleanup underway after Nexen reports 270,000 litres of produced water leaked from northern Alberta pipelineA month after being ordered to pay $750,000 in fines related to a 2015 pipeline leak, Nexen Energy is reporting a spill of 270,000 litres from a different pipeline in the same area of northern Alberta.EnvironmentAug 15, 2018
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Nexen pleads guilty, fined $460K for 2015 Long Lake pipeline spillIt was one of the largest spills in Alberta's history. Now, Nexen has pleaded guilty to a charge under the Environmental Protection and Enhancement Act for the July 2015 oil spill.CanadaJul 13, 2018
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Nexen announces $400M expansion of Alberta oilsands projectNexen Energy says it will spend about $400 million to build a 26,000-barrel-per-day expansion of its Long Lake oilsands project in northern Alberta.MoneyJun 20, 2018
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Aecon deal rejection a ‘test case’ for future critical infrastructure takeovers: expertsThe federal government blocked the takeover of a Canadian construction group by a Chinese state-owned company on national security grounds.CanadaMay 24, 2018
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Nexen Energy pleads not guilty to charges related to fatal Alberta oilsands explosionNexen Energy has pleaded not guilty to eight charges related to a fatal explosion at its Long Lake facility in 2016.CrimeMar 14, 2018
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Nexen charged in the death of 2 employees at Long Lake facilityEnergy company Nexen is facing eight charges in relation to the 2016 explosion at its Long Lake facility which killed two workers.CanadaDec 27, 2017
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