Five Chinese state-owned companies are delisting from NYSE

SHANGHAI/HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist the New York stock exchange amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and Sinopec … Read more

Russia Bans Western Investors From Selling Banking And Key Energy Holdings

Russian President Vladimir Putin chairs a meeting on the development of the country’s metallurgical sector, via video link in the Kremlin in Moscow, Russia, Aug. 1, 2022. Sputnik/Pavel Byrkin/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law limits coverage of Russian military operations … Read more

Analysis: Oil companies face slump in production, big losses if Russia shuts down Kazakh pipeline

This includes content produced in Russia, where the law limits coverage of Russian military operations in Ukraine. Russia threatened to suspend CPC over leaks Oil markets could lose more than 1% of supply Few options to divert oil Oil majors could be exposed to billions of losses LONDON, July 11 (Reuters) – Western energy companies … Read more

Russian court orders closure of Caspian oil pipeline, but exports continue to flow

This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine. CPC exports about 1.2 million barrels per day Work on the pipeline has been interrupted by storms Kazakhstan considers measures to address CPC restrictions CPC asks court to suspend enforcement of ruling MOSCOW, July 6 (Reuters) – Caspian … Read more