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Stoney Nakoda First Nation signs 'huge' oil dea

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Stoney Nakoda First Nation signs 'huge' oil deal with Chinese firm


Business | 207805 hits | Jul 28 5:22 pm | Posted by: Alta_redneck
19 Comment

Alberta's Stoney Nakoda First Nation says it has signed a "huge" deal with a Chinese petrochemical company to develop oil and gas on its land.

Comments

  1. by avatar martin14
    Tue Jul 29, 2014 7:12 am
    Oh, this is going to be hilarious.

    FN 'stewards of the land' selling out to the Chinese 'cowboys'.

    And who gets to clean up the envioronmental mess when it happens ?
    Oh yes, the Great White Father pays for all.


    This comment had me ROTFL

    FavouritePurpose

    I hope they don't plan to transport that oil and gas on our Canadian land to get to their China customers. We will set up road blocks and bureaucratic blocks for years and years and years.


    Does this mean we can stop sending money ?
    Didn't think so.

  2. by avatar QBall
    Tue Jul 29, 2014 1:56 pm
    The Chinese pollute the crap out of their own land, they really think they are going to respect someone else's land?

  3. by avatar andyt
    Tue Jul 29, 2014 2:10 pm
    The contentious $15.1-billion takeover of Canadian oil and gas company Nexen Inc. by Chinese state-owned entity CNOOC Ltd closed on Monday, more than seven months after China’s largest-ever foreign takeover was announced.

    Nexen, based in Calgary, Alberta, said in a statement on Monday that the deal had closed and its shareholders would receive $27.50 in cash for each Nexen share.

    Nexen said its common and preferred shares would be delisted from the Toronto Stock Exchange in a few days, while its common shares were expected to cease trading on the New York Stock Exchange prior to the market opening on Feb. 26.

    The company said Kevin Reinhart would remain chief executive of Nexen, which will operate as a wholly owned subsidiary of CNOOC.


    http://business.financialpost.com/2013/ ... =1908-df47

  4. by Anonymous
    Tue Jul 29, 2014 2:11 pm
    These are the same people who are already polluting the local water supply.

    http://www.cbc.ca/news/canada/calgary/r ... -1.2697248

  5. by Anonymous
    Tue Jul 29, 2014 2:12 pm
    "andyt" said
    The contentious $15.1-billion takeover of Canadian oil and gas company Nexen Inc. by Chinese state-owned entity CNOOC Ltd closed on Monday, more than seven months after China’s largest-ever foreign takeover was announced.

    Nexen, based in Calgary, Alberta, said in a statement on Monday that the deal had closed and its shareholders would receive $27.50 in cash for each Nexen share.

    Nexen said its common and preferred shares would be delisted from the Toronto Stock Exchange in a few days, while its common shares were expected to cease trading on the New York Stock Exchange prior to the market opening on Feb. 26.

    The company said Kevin Reinhart would remain chief executive of Nexen, which will operate as a wholly owned subsidiary of CNOOC.


    http://business.financialpost.com/2013/ ... =1908-df47


    That has sweet fuck all to do with this story.

  6. by avatar BRAH
    Tue Jul 29, 2014 10:51 pm
    That's great the Canadian Government and Taxpayers don't have to give them anymore not a single dime, cut them off.

  7. by avatar Gunnair  Gold Member
    Tue Jul 29, 2014 11:46 pm
    Well, they'll have to convince their brethren on the other side of the Rockies to go along with it.

  8. by avatar andyt
    Tue Jul 29, 2014 11:50 pm
    "jj2424" said
    The contentious $15.1-billion takeover of Canadian oil and gas company Nexen Inc. by Chinese state-owned entity CNOOC Ltd closed on Monday, more than seven months after China’s largest-ever foreign takeover was announced.

    Nexen, based in Calgary, Alberta, said in a statement on Monday that the deal had closed and its shareholders would receive $27.50 in cash for each Nexen share.

    Nexen said its common and preferred shares would be delisted from the Toronto Stock Exchange in a few days, while its common shares were expected to cease trading on the New York Stock Exchange prior to the market opening on Feb. 26.

    The company said Kevin Reinhart would remain chief executive of Nexen, which will operate as a wholly owned subsidiary of CNOOC.


    http://business.financialpost.com/2013/ ... =1908-df47


    That has sweet fuck all to do with this story.

    Sure it does. The Whiteman can sell our oil to the Chinese, but when the Redman does it, it's knotted panty time?

  9. by avatar Gunnair  Gold Member
    Tue Jul 29, 2014 11:53 pm
    "andyt" said


    Sure it does. The Whiteman can sell our oil to the Chinese, but when the Redman does it, it's knotted panty time?


    That's where you see the reality that much of the unhappiness is not about the environment but about wealth distribution. It's also where natives need to be careful - you can't adopt both sides if the narrative and maintain credibility.

  10. by avatar andyt
    Wed Jul 30, 2014 12:03 am
    The natives have lost credibility as group with me long ago. When they have some sort of eco-celebration in the alpine area above Pemberton, with David Suzuki and the natives dancing around the fragile environment, that doesn't make for credibility. When the same Mt Currie bunch build a "healing lodge" in the same area, then leave behind porno magazines and tin cans every where, that's not credible. When the natives involved in the Clayoquot Sound demos now lease out the land to logging companies (last unlogged watershed on the lower coast no more) that's no credible. I realized long ago that the native stewards of the land stuff is all bullshit to suck in gullible white folks.

    But the natives also bullshit each other with all the going back to traditional ways crap - sure, traditional pickup trucks, houses with central heating and so forth.

    But, if we're going to go down the road of native title to land, then we have to let them do with it the same things we ourselves do, or we're just being hypocrites. I would personally prefer to see the natives bought out, no more native lands, and they can use the money to buy land if they want, and for healing purposes. Not gonna happen tho.

  11. by Anonymous
    Wed Jul 30, 2014 12:14 am
    "andyt" said
    The natives have lost credibility as group with me long ago. When they have some sort of eco-celebration in the alpine area above Pemberton, with David Suzuki and the natives dancing around the fragile environment, that doesn't make for credibility. When the same Mt Currie bunch build a "healing lodge" in the same area, then leave behind porno magazines and tin cans every where, that's not credible. When the natives involved in the Clayoquot Sound demos now lease out the land to logging companies (last unlogged watershed on the lower coast no more) that's no credible. I realized long ago that the native stewards of the land stuff is all bullshit to suck in gullible white folks.

    But the natives also bullshit each other with all the going back to traditional ways crap - sure, traditional pickup trucks, houses with central heating and so forth.

    But, if we're going to go down the road of native title to land, then we have to let them do with it the same things we ourselves do, or we're just being hypocrites. I would personally prefer to see the natives bought out, no more native lands, and they can use the money to buy land if they want, and for healing purposes. Not gonna happen tho.



    8O shit the world is going to end. I agree with Andy 100%.

  12. by avatar Gunnair  Gold Member
    Wed Jul 30, 2014 12:22 am
    "jj2424" said
    The natives have lost credibility as group with me long ago. When they have some sort of eco-celebration in the alpine area above Pemberton, with David Suzuki and the natives dancing around the fragile environment, that doesn't make for credibility. When the same Mt Currie bunch build a "healing lodge" in the same area, then leave behind porno magazines and tin cans every where, that's not credible. When the natives involved in the Clayoquot Sound demos now lease out the land to logging companies (last unlogged watershed on the lower coast no more) that's no credible. I realized long ago that the native stewards of the land stuff is all bullshit to suck in gullible white folks.

    But the natives also bullshit each other with all the going back to traditional ways crap - sure, traditional pickup trucks, houses with central heating and so forth.

    But, if we're going to go down the road of native title to land, then we have to let them do with it the same things we ourselves do, or we're just being hypocrites. I would personally prefer to see the natives bought out, no more native lands, and they can use the money to buy land if they want, and for healing purposes. Not gonna happen tho.



    8O shit the world is going to end. I agree with Andy 100%.

    Yeah, I think we can all agree at the hypocrisy here in the native narrative. The natives have a lot of support even after a lot if the media stories that paint their leadership in a negative light. Much more hypocrisy, and they might lose that support.

  13. by avatar PublicAnimalNo9
    Wed Jul 30, 2014 5:49 am
    Watch how fast the Northern Gateway pipeline becomes a great idea among the Natives :lol:

  14. by avatar Gunnair  Gold Member
    Wed Jul 30, 2014 1:15 pm
    "PublicAnimalNo9" said
    Watch how fast the Northern Gateway pipeline becomes a great idea among the Natives :lol:


    What a PR disaster that would be for them.



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