In September, two months after China's state-owned CNOOC Ltd made an unexpected $15.1 billion bid for Canadian energy company Nexen Inc, Canada's spy agency told ministers that takeovers by Chinese companies may threaten national security.The rare warning from the Canadian Security Intelligence Service (CSIS), which was disclosed to Reuters by intelligence sources, did not stop the takeover. That was approved by Canadian authorities earlier this month.But the intervention and an influential U.S. lawmaker's warning in October that Canadian companies should be careful about doing business with Chinese telecom equipment companies Huawei Technologies Co and ZTE Corp made the approval process for the deal more difficult than initially expected."CSIS did not like the Nexen bid and thought it was a bad idea for Chinese firms to be investing in the oil sands. It all played into their greater fears about firms like Huawei," said one person familiar with the agency's concerns. "They do not want to wake up one day and realize a crucial sector of the economy is under the control of foreign interests."
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 remained unchanged at $215.58. In the past year, the shares have traded as low as $171.58 and as high as $234.00. On average, 84148 shares of CEO exchange hands on a given day and today's volume is recorded at 0.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY remained unchanged at $26.72. In the past year, the shares have traded as low as $14.63 and as high as $26.98. On average, 10445500 shares of NXY exchange hands on a given day and today's volume is recorded at 0.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY remained unchanged at $26.54. In the past year, the shares have traded as low as $15.18 and as high as $26.70. On average, 1454710 shares of NXY.TO exchange hands on a given day and today's volume is recorded at 0.
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