China’s Energy Acquisition: Three Ways to Invest in China
Sep 4th, 2009 | By David Fessler | Category: Emerging MarketsEvery country needs a few basic ingredients in order to achieve healthy, sustained economic growth.
Posts Tagged ‘ SHI ’
Three Reasons China is Positioned to be the Oil Sector’s Next Big Profit Play
Aug 18th, 2009 | By Keith Fitz-Gerald | Category: Emerging Markets, FeaturedIf you’re looking for the next “Big Oil” play, bet on Beijing. As we’ve been reporting for the past several years, China has been on a global commodities shopping spree, which includes locking up every source of oil that it can.
China Tightens Grip on Africa’s Energy Resources with Stake in Offshore Field
Jul 23rd, 2009 | By Jason Simpkins | Category: Featured, Oil Investment & Alternative EnergyCNOOC Ltd. (NYSE ADR: CEO) and Sinopec Corp. (NYSE ADR: SHI) have agreed to buy a 20% stake in an oil field off the shore of Angola for $1.3 billion, illustrating China’s persistent attempts to acquire resources for its economic expansion at a time of weakness for many Western oil majors.
The Great Shift of 2009
Jul 10th, 2009 | By Ian Mathias | Category: Stock Market InvestingEvery once in a while, we stumble upon a chart or table that says it all…
Will Week of Controversy Undermine Financial System Overhaul That Calls for Broad Expansion of Central Bank’s Power?
Jun 29th, 2009 | By William Patalon III | Category: Financial NewsDocuments brought to light by key by congressional investigators hightlight real disagreement between top-level U.S. Federal Reserve officials about how it should address the Bank of America Corp.(NYSE:BAC) acquisition of Merrill Lynch & Co. Inc. are almost certain to fuel the ongoing congressional debate over the central bank’s push to expand its authority over the U.S. financial system.
Is Brazil the New Saudi Arabia?
Mar 18th, 2009 | By Jason Simpkins | Category: Oil Investment & Alternative Energy, Top StoryWith Exxon Mobil Corp.’s (XOM) new oil discovery off the coast of Brazil – the latest in a series of such offshore finds and potentially the largest Western Hemisphere discovery in three – the South American nation has taken another giant step in its quest to become a global energy superpower.
China Continues its Commodities Binge with Brazilian Oil Deal
Feb 23rd, 2009 | By Jason Simpkins | Category: Oil Investment & Alternative EnergyChina Development Bank, one of China’s largest state-owned enterprises, has agreed to lend $10 billion to Brazil’s Petrobras (PBR) in exchange for a long-term supply of oil – the latest illustration of how Beijing is using the global downturn to further its domestic agenda.
Oil Drops as China Ratchets up Fuel Costs
Jun 20th, 2008 | By Jennifer Yousfi | Category: Oil Investment & Alternative EnergyOil futures fell yesterday (Thursday) on news that China plans to sharply reduce fuel subsidies starting today, which is expected to have an effect on demand.
Global Investing Roundups: Friday, May 23rd, 2008
May 23rd, 2008 | By William Patalon III | Category: International InvestingWTO’s Global Trade Deal; Ford’s Lowered Expectations; Surprise Decline in Jobless Claims; Oil Drags on Hang Seng; Wider Loss for B&N; Big Oil Spends $1.3 Million in 1Q Lobbying; Bill Miller Joins Ichan in Pressuring Yahoo; IEA to Probe World’s Oil Supply; Medtronic Coughs Up $75 Million to Settle Suit.