Enbridge Northern Gateway: The Future of Nexen Inc.
According to an article published on Huffington Post, Enbridge Northern Gateway pipeline representatives have been pressed by lawyers from environmental groups regarding the possibility of Chinese interests buying control of the project. Enbridge predicts that reaching markets in Asia through the Northern Gateway would increase Canada’s GDP by $312 billion over twenty five years. A proposal was made by China’s state run NOOC (Northern Offshore Oil Corporation) for a deal of $15.1 billion to buy Calgary-based oil and gas producer Nexen […]
