(Reuters) - A surprising $15 billion deal struck by China's CNOOC Ltd for a Canadian outfit operating in the backyards of the world's biggest oil companies could provide a key talking point as the majors report what will likely be subdued quarterly earnings. Sustained production growth has long been elusive for the likes of Exxon Mobil Corp and Royal Dutch Shell Plc. CNOOC's proposed Nexen Inc takeover at a hefty 61 percent premium, announced earlier on Monday, sets an alarming benchmark for anyone seeking to...
0 Responses to Asian dealmaking livens up dim oil earnings season