Cnooc (CEO) and Nexen (NXY) have resubmitted their application for the U.S. government to review...

|By:, SA News Editor

Cnooc (CEO) and Nexen (NXY) have resubmitted their application for the U.S. government to review the Chinese company’s $15.1B takeover bid for the Canadian energy producer after an initial application was withdrawn; such reapplications aren't uncommon. Meanwhile, Canada's government is due to decide on the deal by Dec. 10, when it will publish new guidelines on foreign investment.