ONGC Videsh loses bid for two oil blocks in MexicoONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has lost out on its bid for two oil blocks in Me...
- CNOOC closes $15.1 bn acquisition of Canada's Nexen
The contentious $15.1 billion takeover of Canada's Nexen by Chinese state-owned entity CNOOC Ltd closed on Monday.
- US regulators approve CNOOC's $15.1 bn bid to buy Nexen
The deal needed US approvals because Nexen, based in Calgary, Alberta, controlled assets in the Gulf of Mexico.