7 h. ago China Oil Firm United Energy Gets Private Loan From Arab Energy

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese oil company United Energy Group Ltd., according to a person familiar with the matter.

Economics

6 d. ago China pivots from U.S. to Canada for more oil as trade war worsens

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil

Economics

6 d. ago US imposes sanctions on a Chinese refinery accused of buying Iranian oil

WASHINGTON (AP) — The Treasury Department imposed sanctions Wednesday on a Chinese refinery accused of purchasing more than $1 billion worth of Iranian oil, saying the proceeds help finance both Tehran’s government and Iran’s support for militant groups. The sanctioned refinery in China’s Shandong province received dozens of shipments of crude oil from Iran worth […]

Events

8 d. ago Peabody Holds Off Private Debt Refinancing of $2.1 Billion Loan

Coal mining company Peabody Energy Corp. has held off seeking a $500 million private debt, which would help refinance an acquisition loan after the planned deal was put under review, according to people familiar with the matter.

Economics

9 d. ago Plan to Green 30,000 Africa Buildings Seeks $150 Million Boost

Scalar International and Mergence Investment Managers Ltd. plan to raise as much as $150 million in a private equity fund to boost energy efficiency and install renewable-energy systems in 30,000 buildings in Africa.

Economics

9 d. ago China’s Commodities Imports Shrink Bar Oil as Trade Woes Worsen

China’s commodities imports mostly fell year-on-year in March, the last full month before the Trump administration choked off bilateral trade by imposing punitive levies on Chinese goods.

Economics

1 week ago Canada Energy Partners Announces Private Placement, Partial Revocation Order and Variation Order

VANCOUVER, British Columbia, April 11, 2025 (GLOBE NEWSWIRE) — Canada Energy Partners Inc. (NEX:CE.H) (the “Company”) announces that on February 5, 2025 the British Columbia Securities Commission (the “BCSC”) granted a partial revocation (the “Partial Revocation”) of a failure-to-file cease trade order (“FFCTO”) previously issued by the BCSC on September 4, 2024. The Partial Revocation […]

Culture

2 w. ago Firm Capital Mortgage Investment Corporation Announces Early Redemption of 5.40% Convertible Debentures due June 30, 2025

/NOT FOR DISTRIBUTION OVER U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 07, 2025 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to announce that it intends to redeem early all of its outstanding $25,000,000 aggregate principal amount of 5.40% convertible unsecured subordinated debentures due […]

Economics

2 w. ago Global markets continue sharp losses as China retaliates for U.S. tariffs

Stock markets worldwide, including Bay and Wall Streets, as well as commodities like oil and gold continued a sell-off after China retaliated for U.S tariffs.

Economics

2 w. ago Stocks Tumble as Tariff War Overshadows Solid Jobs: Markets Wrap

Stocks tumbled around the world, bonds surged and oil hit a four-year low, with China stepping up its the fight against President Donald Trump’s trade war to intensify concerns about the economy despite signs of a solid jobs market.

Economics

3 w. ago Big Oil Morphs Into Big Gas in China as EVs Slash Fuel Demand

China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports.

Other