Nexen confirms acquisition delay
Canadian oil firm Nexen said today it had agreed to push back by 30 days the closing date of its £9.6billion acquisition by Chinese oil national CNOOC, until March 2.
canadian oil firm
Talisman to axe jobs
Talisman Energy bosses have said it will axe jobs to reduce costs by one-fifth as it exits less-profitable operations.
Repairs keep Banff out of action until late 2013
A floating production vessel damaged in a North Sea storm last December, the Banff, may not be back in the field for another year.
Nexen investors to vote on China deal
Shareholders of Canadian oil firm Nexen will vote next week on a £9.6billion deal which would see the firm taken over by China's national offshore oil firm.
Nexen calls for vote on takeover
Shareholders of Nexen will vote next month on whether to approve the Canadian oil firm's £9.6billion takeover by China National Offshore Oil Corporation (CNOOC).
Talisman reports fall in North Sea production
Canadian oil firm Talisman has revealed its North Sea production fell nearly 30% in the past quarter.
Sinopec enters North Sea in £956million deal
Chinese oil giant Sinopec has announced plans to buy nearly half of the UK North Sea business of Canadian oil firm Talisman.
Cairn boardroom role for ex-Talisman chief
THE former chief executive of Canadian oil firm Talisman Energy, Jim Buckee, has joined Cairn Energy, of Edinburgh, as a non-executive director.