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CNOOC's operating costs jump 7 per cent since Nexen takeover
State-run Chinese oil giant CNOOC Ltd. blamed its Nexen Energy ULC unit for pushing up operating costs Thursday, the latest evidence that China's binge on Canadian energy assets is having mixed results.
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Nexen letting staff go, slashing costs despite CNOOC's pledges to Ottawa to ...
CALGARY - CNOOC Ltd. subsidiary Nexen Energy ULC is restructuring its operations and letting go staff despite pledges to Ottawa by China's largest offshore oil producer to keep all employees and senior management and turn the Calgary-based company ...
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Nexen Energy ULC introduces Fang Zhi as new CEO
CALGARY, Apr 23, 2014 (Canada NewsWire via COMTEX) -- Following a 20-year career with Nexen, highlighted by overseeing the acquisition of the company by CNOOC Limited, Kevin Reinhart is departing from his role as Chief Executive Officer (CEO) of ...
Nexen chief Kevin Reinhart to be replaced by CNOOC executive Fang Zhi  Financial Post
Key CNOOC executive in Nexen acquisition to lead subsidiary  The Globe and Mail
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ESG Solutions Successfully Completes Intensive Microseismic Fracture Mapping ...
This is the fourth consecutive year that ESG has been involved with microseismic monitoring during the summer fracturing program for Nexen Energy ULC in the Horn River Basin. Knowledge gained by geoscientists at Nexen Energy ULC during the previous ...
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China faces buyer's remorse in Canada's oil patch
CNOOC Ltd. has faced well-known struggles at its Long Lake, Alta., oil sands project that have kept it running well under capacity since Nexen Energy ULC started it up more than five years ago. CNOOC acquired Nexen in late 2012 in a controversial ...
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CNOOC Limited's $510000 donation supports MacDonald Island Park ...
FORT MCMURRAY, AB, Oct. 19, 2013 /CNW/ - At the annual State of the Island Gala, CNOOC Limited, through its wholly-owned subsidiary Nexen Energy ULC, announced a $460,000 corporate gift to support the sustainability and expansion of MacDonald ...
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Nexen's North Sea Buzzard oil field may be shut for another week
Calgary-based Nexen Energy ULC, which operates the field, said Buzzard could be shut for �up to 10 consecutive days� starting from Saturday, Aug. 30, when output from the oil field was last stopped.
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Nexen Employees Dress for United Way Success
"Our employees are true super heroes and we're very proud of the teamwork and community spirit they've demonstrated in supporting this initiative," says Fang Zhi, CEO, Nexen Energy ULC. "Our goal was to show a unified spirit in kicking off Nexen's ...
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The Lawyer: Shannon Young
These days, Shannon Young spends more time away from home than ever. Formerly a regulatory lawyer with Nexen Energy ULC, Young has her hands full after being recently promoted to director of regulatory and stakeholder relations with the company, ...
Alberta pushes for rule change to spur Chinese investment
When the federal government gave its approval of the $15.1-billion (U.S.) takeover of Nexen Energy ULC in late 2012, it came with a caveat: a raft of new policies intended to ensure such a deal would not happen again.
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