cnooc - Latest News on cnooc | Read Breaking News on Zee News

US regulators approve CNOOC's $15.1 bn bid to buy Nexen

Last Updated: Wednesday, February 13, 2013, 13:22

The deal needed US approvals because Nexen, based in Calgary, Alberta, controlled assets in the Gulf of Mexico.

China opens 26 new blocks in South China Sea for exploration

Last Updated: Tuesday, August 28, 2012, 20:09

China National Offshore Oil Corp (CNOOC) on Tuesday said it has opened 26 new offshore blocks for cooperation with foreign companies.

Chinese oil firm Cnooc to acquire Nexen for $15.1 billion

Last Updated: Monday, July 23, 2012, 20:45

In China's biggest overseas energy acquisition to date, Cnooc Ltd Monday said it has reached an agreement to acquire Canadian oil-and-gas producer Nexen Inc for USD 15.1 billion in cash.