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U.S. lawmaker asks for conditions on CNOOC-Nexen deal

Reuters: Business News

Mon, 30 Jul 2012

WASHINGTON (Reuters) - The U.S. government should not approve a bid by China's state-owned CNOOC for the U.S. assets of Canadian oil firm Nexen unless the merged company agrees to pay royalties on all oil drilled offshore, or spins off the assets, Representative Edward Markey said on Monday.

Related Topics:

  1. Canada
  2. Nexen
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