Nexen News

Statoil is planning an aggressive exploration program in the Gulf of Mexico through 2014 and has a large number of prospects spread across this region.

Analysts have been impressed with the progress its interim CEO is making after a history of snafus at the company's Long Lake oilsands project and North Sea operations forced a change at the top.

We invite you to visit our website at http://www.nexeninc.com to view a live webcast of Una's presentation.

Venari Resources, an early-stage oil and gas exploration company, has secured about $1.13 billion from leading investment firms to fund its growth plans in the Gulf of Mexico.

May 2012 marks the one-year anniversary of the launch of Quebec's Plan Nord by Premier Jean Charest.

Nexen Inc. says production at its troubled Long Lake oilsands project is improving and regulatory approvals have been secured for expansions to northern Alberta development.

NXY has been the subject of a number of other recent research reports. Analysts at Credit Suisse upgraded shares of Nexen from a "neutral" rating to an "outperform" rating in a research note to investors on Friday, April 20th.

This donation is in addition to the . The announcement was made today at a community event to raise awareness about financial support needed to eliminate the Sundial's mortgage.

The Toronto stock market closed slightly lower Monday after elections in France and Greece left questions about how new political leadership will affect the eurozone's plans to deal with the crushingly-high debt loads borne by several governments.

The company, which has operations in Canada, the Gulf of Mexico, the North Sea and offshore West Africa, said the well was drilled to a depth of 30,300 feet at a cost of about C$120 million .

The company, which has operations in Canada, the Gulf of Mexico, the North Sea and offshore West Africa, said the well was drilled to a depth of 30,300 feet at a cost of about C$120 million .

Nexen Inc said it did not find oil or natural gas in commercial quantities at its Kakuna exploratory well in the Gulf of Mexico and was abandoning it.

Imperial Oil Ltd. is looking at jumping on the West Coast LNG bandwagon so that the gas it produces in northeastern B.C. can fetch a higher price in Asia than it would in North America, the company's CEO said Wednesday.

Marcel Coutu, president and CEO of Canadian Oil Sands Ltd., waits before addressing the company's annual meeting in Calgary, Monday, April 30, 2012.THE CANADIAN PRESS/Jeff McIntosh CALGARY - Canadian Oil Sands Ltd.