Cnooc's (CEO) $15.1B bid for Nexen (NXY) is “moving along” as Canada's government develops new...

|By:, SA News Editor

Cnooc's (CEO) $15.1B bid for Nexen (NXY) is “moving along” as Canada's government develops new foreign investment guidelines while it reviews the bid from the Chinese oil producer, Alberta Premier Alison Redford says. The latest deadline for the federal review of the deal is Dec. 10.