China National Offshore Oil Corp.: CNOOC

BHP Billiton Ltd. Dept: Video: Harper promises greater scrutiny on foreign takeovers A security officer keeps watch outside the headquarters of China National Offshore Oil Corp. CNOOC in Beijing. REUTERS Market View, according to Globe and Mail. The Harper government pledged more clarity on foreign investment guidelines two years ago, when it turned down BHP Billiton Ltd. s takeover of Potash Corp. of Saskatchewan Ltd. It is unclear how much of that new policy had been devised by last July, when China s state-controlled CNOOC Ltd. launched a $15.1-billion bid for Nexen Inc., following what would be a $6-billion bid for Progress Energy Resources Corp. by Malaysia s Petronas. By then, sources say, the Prime Minister was already taking a personal interest and video analysis: Ottawa s middling decision will draw critics on both sides Oil sands Video: Market View: CNOOC accepts Canadian government s Nexen conditions (www.immigrantscanada.com). As reported in the news.