Nexen

Latest News and Press Releases

North America

Nexen Provides Long Lake Project Update

Sunday, October 05, 2008

Nexen Inc. provides the following update with respect to its Long Lake oilsands project. Final pre-operational testing...

North America

Nexen Provides Long Lake Project Update

Wednesday, September 03, 2008

Nexen Inc. announces that the Long Lake project is proceeding well and the upgrader remains on track for start up and fi...

Worldwide

Nexen Reports Solid Second Quarter Financial Results

Thursday, July 17, 2008

Second Quarter Highlights: - Cash flow of $946 million ($1.78/share) for the second quarter of 2008 - Net income of $...

North America

OPTI Canada and AERI Collaborate on Innovative CO(2) Solutions

Thursday, June 12, 2008

OPTI Canada Inc. (OPTI) announced today that it is collaborating with the Alberta Energy Research Institute (AERI) to r...

West Europe

BG Energy Challenge Team Taking Fighting Fit to New Levels

Tuesday, June 10, 2008

As the BG Energy Challenge 2008 - UK approaches, many of the energy associated companies taking part will be begin...

West Europe

E&P Firms Pick up New Awards in Latest UK Onshore Round

Friday, May 30, 2008

John Hutton, the UK’s Business Secretary, announced the recipients of new exploration licences in the 13th Onshore Roun...

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West Europe

Island Gas Success in UK 13th Onshore Oil and Gas Licensing Round

Thursday, May 29, 2008

IGas, a leading developer of Coal Bed Methane (“CBM”) in the UK and prospective producer of North Sea quality gas from ...

West Europe

Nexen Restarts North Sea Production

Tuesday, April 29, 2008

Nexen Inc. announced today that following the restart of the Forties pipeline system, it has recommenced production from...

Worldwide

Nexen Reports Strong Financial Results and Bitumen Production Ramping Up at Long Lake

Tuesday, April 29, 2008

First Quarter Highlights: - Quarterly cash flow of $1,039 million ($1.96/share), up 74% over Q1 2007 - Record quarter...

West Europe

Nexen Provides North Sea Update

Monday, April 28, 2008

Nexen Inc. announced today that the BP plc Forties Pipeline System has been temporarily shutdown because of a two-day st...

Africa

Chevron Confirms Development of Nigeria Deepwater Field

Friday, February 29, 2008

Chevron confirms that its subsidiary Chevron Nigeria Deepwater Limited and its co-venturers are moving forward to develo...

Africa

Nexen Announces Development Approval for the Usan Project, Offshore Nigeria

Thursday, February 28, 2008

Nexen announced today that development of the Usan field, offshore Nigeria has received all necessary approvals to proce...

West Europe

Oilexco Announces the Successful Appraisal of the UK Bugle Discovery

Wednesday, February 27, 2008

Oilexco Incorporated announces that its wholly owned subsidiary, Oilexco North Sea Limited, together with the other P.81...

Worldwide

Nexen Delivers Strong Fourth Quarter and Annual Financial Results in 2007

Thursday, February 14, 2008

2007 Highlights: • Record annual cash flow of $3.5 billion ($6.56/share)-an increase of 30% over 2006 • Annual earnin...

West Europe

Norway Announces Awards in APA 2007

Friday, February 08, 2008

The awards for APA 2007 - Awards in Predefined Areas - have been decided by the Cabinet. The offers being sent out to th...

Worldwide

Nexen Responds to Media Reports About the Break up or Sale of Parts of the Company

Saturday, January 12, 2008

Nexen Inc. announced today that media reports regarding the break up or sale of parts of the company are incorrect. "We...

Worldwide

Nexen Plans Capital Investment Program of $2.4 Billion in 2008

Wednesday, December 05, 2007

In 2008, Nexen plans to invest $2.4 billion in value adding projects, grow net production by between 8% and 10% and gene...

West Europe

Nexen Provides UK Buzzard Update

Tuesday, November 13, 2007

Nexen Inc. announces that following repairs made over the weekend, the Buzzard platform has been restarted and productio...