Source Rock Royalties Ltd., an energy royalties firm backed by Canadian National Railway Co.’s investment division, aims to be the country’s first oil company to complete an initial public offering since Topaz Energy Corp. raised C$230 million ($184 million) in 2020.
The U.S. Treasury Department banned transactions of a key bond issued by Venezuela’s state-owned oil company for one year, the longest since it first stepped in to shield its U.S.-based refining arm from creditors, amid its economic downfall and political crisis.
Country Garden Holdings Co., China’s largest developer by sales, raised HK$3.9 billion ($500 million) in a convertible bond sale amid a spreading crisis in the real estate sector.
Global bonds rallied Friday with investors seeking havens from a tech stock sell-off and concern over increased U.S.-Russia tension.
Energy Transfer LP said it agreed to supply natural gas to power plants in Texas owned by Vistra Corp. through the end of March as the two sides work through a billing dispute from last February’s winter storm.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}