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Sep 28, 2012
Sep 28, 2012

Irving Oil charged in Quebec gas-price fixing case

CALGARY, Alberta, Sept 28 (Reuters) – Canada’s Competition
Bureau has charged Irving Oil Ltd, part of the big Eastern
Canadian family-run business empire, and one of its managers in
a sweeping Quebec gasoline price-fixing case that has already
resulted in jail terms and C$3 million ($3.1 million) in fines,
the agency said on Friday.

Irving Oil and the manager of the company’s business in
Quebec, Serge Parent, each face three charges in connection with
fixing the price of fuel in Victoriaville, Thetford Mines and
Sherbrooke, Quebec, the federal bureau said in a statement.
Parent could not immediately be reached for comment.

Sep 27, 2012
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Sep 19, 2012
Sep 19, 2012

Nexen takeover by China’s CNOOC faces political test in Canada

CALGARY, Alberta (Reuters) – Nexen Inc (NXY.TO: Quote, Profile, Research, Stock Buzz) should have an easy time getting its shareholders to approve the $15.1 billion takeover of the Canadian oil and gas producer by China’s CNOOC Ltd (0883.HK: Quote, Profile, Research, Stock Buzz).

The biggest risks to the deal come from politicians and bureaucrats in Canada and the United States as they agonize over how much of the continent’s energy assets should be absorbed by a Chinese state-owned enterprise.

    • About Jeffrey

      "Jeffrey Jones is a senior reporter based in Calgary, Alberta, Canada. Jeff covers a wide array of topics, including energy, environment, business and general news. He is also in charge of coordinating in-depth energy-related stories for the United States and Canada. Jeff has a keen interest in music."
      Joined Reuters:
      1994
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