Canada must "continue to address very forcefully" its large trade deficit with China and will also press for Canadian companies to be given more access to the Chinese market, Canada's ambassador designate to Beijing said on Wednesday. Guy Saint-Jacques spoke after a meeting with Foreign Minister John Baird. Ottawa is studying a $15.1 billion takeover bid by China's CNOOC Ltd for Canadian oil producer Nexen Inc. Critics say Canada should only approve the proposal if China removes some of the barriers facing Canadian companies.
CNOOC Limited is an investment holding company. The Company, along with its subsidiaries, is a producer of offshore crude oil and natural gas and an independent oil and gas exploration and production company. Shares of CEO fell by 0.25% or $-0.5/share to $198.09. In the past year, the shares have traded as low as $141.27 and as high as $234.00. On average, 136488 shares of CEO exchange hands on a given day and today's volume is recorded at 27292.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY fell by 0.24% or $-0.06/share to $25.14. In the past year, the shares have traded as low as $13.63 and as high as $26.21. On average, 9446920 shares of NXY exchange hands on a given day and today's volume is recorded at 1440060.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.12% or $0.03/share to $24.76. In the past year, the shares have traded as low as $14.20 and as high as $26.70. On average, 2867020 shares of NXY.TO exchange hands on a given day and today's volume is recorded at 618039.
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