Filed under: Uncategorized | Tags: China, CNOOC, energy independence, energy security, Nexen, peak oil, tar sands
BEIJING- The chairman of China’s CNOOC Ltd. said Friday that he was confident that the state-controlled oil giant’s proposed $15.1 billion buyout of Canada’s Nexen Inc. would be completed by the end of the year.
via RIGZONE – CNOOC Chairman: Confident Nexen Deal Will Be Completed by Year-End.