CNOOC Ltd. (CEO) said to cede operating control of Nexen U.S. gulf assets

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Oil Giants on Watch as CNOOC (CEO) Gives Up Operational Conrol of Nexen Gulf Assets

March 1, 2013 2:40 PM EST

Energy giants are on watch following headlines that CNOOC Ltd. ADS (NYSE: CEO) is ceding operational control of Nexen-held U.S. assets in the Gulf of Mexico.

Names like Exxon (NYSE: XOM), Chevron (NYSE:... More