Tuesday, November 5, 2024

Commercial Bank Of China News

Petrobras Seals $1 bln Financing Deal

Brazilian state-controlled oil company Petroleo Brasileiro said on Friday it had secured $1 billion in financing from a banking syndicate headed by Standard Chartered PLC, to…

China Cash Boosts African FLNG Projects

China aims to become lowest-cost seller of FLNG plants; its shipyards to build floating plants for African projects. China plans to pour almost $7 billion into floating liquefied…

Aramco to meet in Shanghai to Prop up IPO

Saudi Aramco's board will meet in China in May for the first time in seven years, industry sources said, as the state-owned energy firm seeks to lure Chinese and Asian investors to its giant share offering.

Hong Kong pins Aramco IPO Hopes on China's Deep Pockets

Saudi expects to float 5 pct of state oil company for $100 bln; HKEX hopes to leverage deep-pocketed China investors to woo Riyadh. Hong Kong's stock exchange will bank on its…

Petrobras Inks $2 bln Leasing Contract with ICBC

Brazil's state-run oil firm Petroleo Brasileiro SA will raise $2 billion through a 10-year leasing contract with China's Industrial and Commercial Bank of China Leasing, the…

China Solar Expansion Needs Billions from Wary Investors

Chinese solar companies, some already heavily indebted, will need to raise many billions of dollars this year to fund a big expansion in capacity, a major test of investor confidence…

China, Brazil Close Plane, Finance, Infrastructure Deals

China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.

Asia-Pacific Crude-Condensate Remains Lackluster

The Asia-Pacific crude and condensate remained weighed by limited demand from refiners returning from maintenance, but may find some support from Brent's narrowing gap to Dubai…

China Committed to Russian Gas Project

Image courtesy Novatek

Chinese investors are committed to financing part of Novatek's $27 billion Russian gas project, ensuring it has sufficient backing despite losing U.S. support because of sanctions, the company said on Wednesday.

WFW Advises FPSO Joint Venture Debt Financing

International law firm Watson, Farley & Williams Asia Practice LLP (WFW) said it advised a joint venture involving M3nergy and PT Transamudra as sponsors on a $182 million term…