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Posts related to ‘foreign ownership of natural resources’

oil sands

Nexen, Progress Energy Sales Approved, Canada Draws a Line in the Sands

Posted: December 10, 2012 at 7:22 am

After markets closed on Friday, Canadian Prime Minister Stephen Harper announced that the government had approved both the $15.1 billion sale of Nexen Inc. (NYSE: NXY) to China’s Cnooc Ltd. ...
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