Canada's main opposition party urged the Conservative government on Tuesday not to rubber-stamp a bid by China's CNOOC Ltd to purchase oil company Nexen Inc without public consultations, saying opinion had hardened against the deal.Peter Julian, the energy critic for the left-leaning New Democratic Party (NDP), said the party had not yet formally decided whether to oppose the $15.1 billion takeover bid even though its leader, Thomas Mulcair, said last month he had "grave concerns" about it."Before the government moves to rubber-stamp (the deal), consult the public," Julian told the House of Commons."What we're finding is public opinion is crystallizing around this deal with more and more concerns," he told reporters in an earlier press conference, adding that the NDP would make its stance known shortly.
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 0.49% or $-0.99/share to $202.10. In the past year, the shares have traded as low as $141.27 and as high as $234.00. On average, 136537 shares of CEO exchange hands on a given day and today's volume is recorded at 35197.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.36% or $0.09/share to $25.39. In the past year, the shares have traded as low as $13.63 and as high as $26.21. On average, 9995070 shares of NXY exchange hands on a given day and today's volume is recorded at 1259037.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.36% or $0.09/share to $24.97. In the past year, the shares have traded as low as $14.20 and as high as $26.70. On average, 2912020 shares of NXY.TO exchange hands on a given day and today's volume is recorded at 475965.
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