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News Tagged By: CNOOC

China’s CNOOC shutting Nexen’s Calgary-based oil-trading operation
China’s CNOOC Ltd. is shutting down Nexen Energy ULC’s Calgary-based oil-trading operation in a move that is expected to mean about 100 job cuts along with the end of a lucrative Alberta government contract, according to sources familiar with the situation.
Posted on 3-24-2015 at 7:54 AM
Nexen cuts 340 jobs in North America, 60 in U.K. on weak oil
Nexen, the Canadian oil company owned by China’s state-owned CNOOC Ltd., is cutting 400 jobs to cope with the collapse in oil prices.
Posted on 3-17-2015 at 11:53 AM
CNOOC’s Nexen shuts Yemen facilities due to security threat
CNOOC Ltd.’s Nexen unit is shutting operations at an oil field and processing facility in Yemen, where the Islamist militant al-Qaeda group is operating, due to a security threat.
Posted on 12-22-2014 at 7:23 AM
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