Tag Archives: CNOOC

Canada (Finally) Approves CNOOC-Nexen Deal

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You remember the CNOOC-Nexen deal, right? China’s State-owned CNOOC was looking for some offshore energy assets, and Canadian oil and gas producer Nexen raised its hand and said “Pick me!” Hilarity then ensued on the political front, both in the U.S. and Canada, and somewhere along the way, I’m sure some of the Chinese people…

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Someone Predicted the Political Spin on CNOOC-Nexen Deal. Oh Right, That Was Me.

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Yesterday’s post on the CNOOC-Nexen energy deal included a prediction that U.S. politicians, particularly those who are in the pocket of the oil and gas industry, would use the announcement to bash President Obama. My post title, “Who Lost Canada?” was all about the expected blame game. Surprise! Just saw this in Reuters: Republican senators…

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A US-China M&A Cold War? Not So Fast

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Anecdotal evidence is a tricky thing. Just because China and the US have rejected a few acquisitions doesn’t mean that an M&A Cold War has started. Perhaps someone should tell Reuters.