On Air Now

Listen

Listen Live Now » 101.9 FM Central Wisconsin

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
33° Feels Like: 26°
Wind: NW 8 mph Past 24 hrs - Precip: 0.07”
Current Radar for Zip

Today

AM Rain/Snow 43°

Tonight

Partly Cloudy 24°

Tomorrow

Mostly Sunny 46°

Alerts

Canada gives no hints on timing of Nexen decision

A woman walks into the Nexen building in downtown Calgary, Alberta, July 23, 2012. REUTERS/Todd Korol
A woman walks into the Nexen building in downtown Calgary, Alberta, July 23, 2012. REUTERS/Todd Korol

OTTAWA (Reuters) - Canada refused to offer any hints on Friday on the timing of a decision on a bid by China's CNOOC Ltd for energy company Nexen Inc..

"Whatever the date, appropriate notice will be given," Andrew MacDougall, a spokesman for Prime Minister's Stephen Harper, told Reuters by email.

Canada's industry minister must rule whether the $15.1 billion offer is of net benefit to Canada. The December 10 deadline can be extended, provided both companies agree.

(Reporting by David Ljunggren, writing by Cameron French; Editing by Janet Guttsman)

Comments