Cnooc (CEO) says its $15B deal for Canada's Nexen (NXY) is still awaiting U.S. approval and now expects to complete the acquisition in the coming quarter at the earliest, a move that could be aimed at giving U.S. regulators more time to approve the sensitive deal. The Chinese oil giant also says two of its new oilfield projects in the South China Sea have started production.
Cnooc (CEO) says its $15B deal for Canada's Nexen (NXY) is still awaiting U.S. approval and now...
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