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A fire at a Canadian Syncrude plant in March has caused the two oil companies to cut their synthetic crude production.
Canadian Minister of Natural Resources Joe Oliver says Canada welcomes SOEs in other areas so long as they pass the net-benefit test and natural security check.
Canadian Minister of Natural Resources Joe Oliver says the United States is currently Canada's only customer for gas exports and the country needs to diversify its markets.
Canadian Minister of Natural Resources Joe Oliver says the European Commission's fuel quality directive disadvantages Canada compared to European refiners, and doesn't reduce greenhouse gasses.
Nexen (NYSE:NXY) has been reiterated by TheStreet Ratings as a hold with a ratings score of C+