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Nexen lays off another 120 employees in Canada

Nexen lays off another 120 employees in Canada

The Calgary-based oil and gas company announced another 120 jobs will be axed in Canada, 20 in the US and 20 in the UK. Nexen is the Canadian subsidiary of the China National Offshore Oil Corporation (CNOOC).

The company had previous cut 300 jobs in March of last year and another 60 employees at its Long Lake facility in November.

Canadian Natural Resources reports a 89% decline in quarterly profits

Canadian Natural Resources reports a 89% decline in quarterly profits

Quebec files injunction against Energy East pipeline

Quebec files injunction against Energy East pipeline

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