CNOOC Limited to examine LNG development in British Columbia, Canada through Nexen

CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) announced on November 12, 2013 that its wholly owned subsidiary Nexen Energy ULC (Nexen), has entered into an exclusive agreement with the Government of British Columbia, Canada to examine the viability of constructing a liquefied natural gas (LNG) plant and export terminal at Grassy Point near Prince Rupert, British Columbia, […]

Nexen releases 2012 Sustainability Report

Nexen Energy ULC reported today the release of its 2012 Sustainability Report, a review of the company’s health, safety, environmental, social and economic performance for the year. The report outlines Nexen’s performance in 2012 and includes trends for the past three years.

Continuing increase in oil production strengthens Canada’s position as a preferred supplier to North American, global markets

Increasing oil sands and conventional oil production continues to strengthen Canada’s position as a preferred supplier to North American and global energy markets. CAPP’s 2013 Crude Oil Forecast, Markets and Transportation report forecasts Canadian crude oil production will more than double to 6.7 million barrels per day by 2030 from 3.2 million barrels per day […]