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Canada approves two energy takeovers worth $20 bnOttawa (AFP) Dec 7, 2012 Canada on Friday approved two major takeovers of energy firms by the Chinese state-owned giant CNOOC and Malaysia's national oil company Petronas - deals worth an estimated more than US$20 billion in total. Prime Minister Stephen Harper announced regulatory approval for CNOOC's $15.1 billion takeover of oil and gas company Nexen, and Petronas' offer for Canadian gas producer Progress Energy Resources, estimated at $5.5 billion. However, he cautioned that Ottawa would henceforth block attempts b ... read more |
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'Minimal' drone effects on Pakistan militant recruits: ICG US to run delayed missile test on Tuesday N. Korea fires sixth missile in three days Israel warns Syria of 'consequences' if Golan fire continues Tunisia teeters as it grapples with jihadists Karzai meets Indian leaders in push for military aid Chinese PM begins Pakistan visit |
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