Gordon Houlden, director of the China Institute at the University of Alberta, said Wednesday he suspects the reorganization has more to do with the falling price of oil than the fact Nexen is owned by a Chinese national company.
"That's a problem for China. Even when they do things everyone else does, they're singled out," he said, adding there has never been much detail in exactly what assurances CNOOC gave the federal government on Nexen employment.
http://calgaryherald.com/business/energy/nexen-lays-off-four-execs-in-sweeping-reorganization