The Conversation (0)
- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
Canadian Natural Resources Minister Dismisses Chinese Oil Investment Concerns
Sep. 07, 2012 03:48PM PST
Oil and Gas InvestingReuters reported that Joe Oliver, Canada’s natural resources minister, responded to concerns about China’s increased interest in investing in Canadian oil and gas by asserting that the country is seeing investment interest from many countries aside from China, including the United States, France, the Netherlands, Japan and Malaysia.
Reuters reported that Joe Oliver, Canada’s natural resources minister, responded to concerns about China’s increased interest in investing in Canadian oil and gas by asserting that the country is seeing investment interest from many countries aside from China, including the United States, France, the Netherlands, Japan and Malaysia.
As quoted in the market news:
Cash-rich Chinese companies are showing an increased interest in Canadian oil and gas and Ottawa is currently reviewing a $15.1 billion takeover bid for Canadian oil company Nexen Inc by Chinese state-owned firm CNOOC Ltd .
The CNOOC bid is causing political tensions, since some members of the governing Conservative Party are uneasy about the idea of a state-owned Chinese company buying assets in Canada.
Oliver — who says Canada’s energy patch needs at least C$650 billion ($665 billion) in investment over the next decade — dismissed the suggestion that China was the sole nation with access to such sums.
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.