
Nexen has an oil sands facility near Fort McMurray, Alberta, Canada. Nexen is being acquired by China National Offshore Oil Co. in a $15-billion deal that, if successful, will be China’s largest ever overseas acquisition. For Canadians, more drilling means more jobs and tax revenue. (Associated Press)

Nexen has an oil sands facility near Fort McMurray, Alberta, Canada. Nexen is being acquired by China National Offshore Oil Co. in a $15-billion deal that, if successful, will be China’s largest ever overseas acquisition. For Canadians, more drilling means more jobs and tax revenue. (Associated Press)