Editorial (Canada-Asia Viewpoints - Op-Ed) January 2013
It has been more than a month since the December announcement of Ottawa’s controversial decision to permit two Asian state owned enterprises (SOE) to acquire Canadian oil and gas companies. Walking...
Calgary-based Sunshine Oilsands Ltd. announced it signed a Memorandum of Understanding (MOU) with China Oilfield Services Ltd. The agreement, which is not legally binding, will lead to China...
Encana Corporation, a Calgary-based energy producer, has entered into a joint venture arrangement with Phoenix Duvernay Gas, a wholly-owned subsidiary of PetroChina, the publicly-listed arm of state...
Christian Paradis, Minister of Industry, announced that the application under the Investment Canada Act made by China-based CNOOC Limited to acquire Nexen Inc. of Calgary for C$15.1 billion has been...
The CNOOC-Nexen / Petronas-Progress decision is now behind us, but the most interesting issues surrounding these deals are only just coming to light. CNOOC and Petronas (both state-owned...
TSX-listed AMG Bioenergy Resources Holdings Ltd. and Eco-Energy China Group Inc. (EEC) have signed a non-binding letter of intent for the potential acquisition of EEC’s 10,000 hectare jatropha...
Calgary-based Ivanhoe Energy Inc. has sold all of the outstanding shares of its indirect, wholly owned subsidiary, Pan-China Resources Ltd., to China-based MIE Holdings Corporation for US$45 million...
Calgary-based TransCanada Corporation has entered into binding agreements with China-based Phoenix Energy Holdings Limited to develop the Grand Rapids Pipeline project in Northern Alberta....
Editorial (Canada-Asia Viewpoints - Op-Ed) October 2012
The Canadian oil patch was shocked by the announcement just before midnight on Friday, Oct. 19, that the Government of Canada was disallowing the $5.5 billion takeover of Canadian gas producer...
The CNOOC-Nexen review has gone into overtime. While an extension of the review process is not unusual, the question is whether the play book has changed. There is a danger that with the clock...
Editorial (Canada-Asia Viewpoints - Op-Ed) October 2012
Last week the Government of Canada kicked the CNOOC-Nexen can down the road for another 30 days. Meanwhile, Nexen shareholders overwhelmingly approved the deal, which is not surprising given the...
The Asia Pacific Foundation of Canada found in a national opinion poll earlier this year that only 16 percent of Canadians approve of a Chinese state-owned enterprise acquiring majority control of a...
Editorial (Canada-Asia Viewpoints - Op-Ed) August 2012
CNOOC’s bid for Canada’s Nexen energy highlights the opportunities and challenges of state-owned enterprises investing in North American resources.
CNOOC Limited, a China-based producer of offshore crude oil and natural gas, and Calgary-based Nexen Inc. announced that they have entered into a definitive agreement under which CNOOC will acquire...
Talisman Energy Inc. of Calgary announced that it has reached an agreement with China-based Sinopec International Petroleum Exploration and Production Corporation for Sinopec to acquire a 49% equity...
On his visit to China, Prime Minister Stephen Harper launched several new initiatives to bolster the Canada-China relationship.
Editorial (Canada-Asia Viewpoints - Op-Ed) January 2012
For nearly four years, from 2006 to 2009, China made no major investment in Canada, even though in this period China’s energy demand grew rapidly and Chinese energy firms invested heavily...
