Canada won’t say if China involved in hacking incident
OTTAWA, Sept 28 (Reuters) – Canada said it was aware hackers
had breached security at a domestic manufacturer of software
used by big energy companies, but declined to comment on a
report that a Chinese group could be responsible.
Calgary-based Telvent, which is owned by France’s Schneider
Electric SA, warned customers about the attack, which
hit operations in the United States, Canada and Spain, the cyber
security news site KrebsOnSecurity.com reported on Wednesday.
Canada minister says voters split over CNOOC-Nexen deal
OTTAWA, Sept 18 (Reuters) – Canada’s junior finance
minister, Ted Menzies, said on Tuesday his constituents are
split over Chinese state-owned CNOOC Ltd’s $15.1
billion takeover bid for Canadian oil producer Nexen Inc
, with some backing and others opposing the deal.
The Conservative government, of which Menzies is a member,
is now deciding whether to approve the CNOOC bid on the basis of
whether it is of net benefit to the country. Menzies, himself,
is a legislator from the oil-rich province of Alberta, where
Nexen’s Canadian assets are concentrated.
Canada closes embassy in Iran, to expel Iranian diplomats
OTTAWA (Reuters) – Canada has suspended diplomatic relations with Iran, closing its embassy in Tehran and giving all Iranian diplomats in Canada five days to leave the country, Foreign Minister John Baird said on Friday, calling Iran the biggest threat to global security.
Baird, in Russia for an Asia-Pacific Economic Cooperation (APEC) meeting, said Canada’s actions were not linked to growing speculation that Israel might launch an attack on Iran’s nuclear facilities.
Election campaign starts in Quebec, separatists lead
Aug 1 (Reuters) – Quebec Premier Jean Charest took a big
political risk on Wednesday by launching an election campaign
despite polls that show him trailing separatists who want
independence for the Canadian province.
Charest called a provincial election for Sept. 4, which
means the vote will take place before a potentially damaging
inquiry into corruption in the construction industry resumes
work later the same month.
Insight: China’s CNOOC scoped Nexen, partnered, then pounced
By David Ljunggren, Denny Thomas and Michael Erman
(Reuters) – When Canada’s Nexen Inc fired its CEO in January, an oil giant on the other side of the world sprang into action.
Nexen had been on the wish list of Chinese state oil company CNOOC Ltd for five years. The removal of CEO Marvin Romanow was just the opening the Chinese needed to make their move, according to sources familiar with the situation.
China’s CNOOC scoped Nexen, partnered, then pounced
July 25 (Reuters) – When Canada’s Nexen Inc fired
its CEO in January, an oil giant on the other side of the world
sprang into action.
Nexen had been on the wish list of Chinese state oil company
CNOOC Ltd for five years. The removal of CEO Marvin
Romanow was just the opening the Chinese needed to make their
move, according to sources familiar with the situation.
Analysis: Nexen deal should get approved by Ottawa
OTTAWA (Reuters) – A friendly $15.1 billion Chinese bid for a big Canadian energy company gels with government pleas for foreign money to develop the costly oil sands of northern Alberta — a possible sign that the deal could win Ottawa’s approval.
The Canadian government said only that it would review state oil company CNOOC’s bid for Nexen Inc, based on its laws on foreign investment. But lawyers, analysts and insiders say there are good reasons for the deal to go ahead, and few reasons to block it.
Nexen deal should get approved by Ottawa
OTTAWA, July 23 (Reuters) – A friendly $15.1 billion Chinese
bid for a big Canadian energy company gels with government pleas
for foreign money to develop the costly oil sands of northern
Alberta — a possible sign that the deal could win Ottawa’s
approval.
The Canadian government said only that it would review state
oil company CNOOC’s bid for Nexen Inc, based
on its laws on foreign investment. But lawyers, analysts and
insiders say there are good reasons for the deal to go ahead,
and few reasons to block it.
Analysis – Canada has more reasons to approve Nexen deal than block it
OTTAWA (Reuters) – A friendly, $15.1 billion Chinese bid for a big Canadian energy company is in line with government pleas for foreign money to develop the costly tar sands of northern Alberta, a possible pointer to the eventual approval of the deal.
Ottawa said only that it would review state oil company CNOOC’s (0883.HK: Quote, Profile, Research) bid for Nexen Inc (NXY.TO: Quote, Profile, Research), based on its laws on foreign investment. But lawyers, analysts and insiders said there were good reasons for the deal to go ahead, and fewer reasons to block it.
Canada has more reasons to approve Nexen deal than block it
OTTAWA, July 23 (Reuters) – A friendly, $15.1 billion
Chinese bid for a big Canadian energy company is in line with
government pleas for foreign money to develop the costly tar
sands of northern Alberta, a possible pointer to the eventual
approval of the deal.
Ottawa said only that it would review state oil company
CNOOC’s bid for Nexen Inc, based on its laws
on foreign investment. But lawyers, analysts and insiders said
there were good reasons for the deal to go ahead, and fewer
reasons to block it.
