Foreign investment in Canadian oil and gas, a topic that raised governmental concern when CNOOC Ltd. of China last year announced plans to ac quire Nexen Inc. of Calgary for $15.1 billion, has averaged $20 billion/yea1 since 2007, reports the Canadian Energy Research Institute (CERI). CNOOC completed the Nexen takeover in February, helping China remain the leading non-Canadian country of origin for oil and gas capital invested in Canada (OGJ Online, Feb. 26, 2013).
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