TBKS HLDGS(01960)发布截至2025年12月31日止六个月的中期业绩，该集团取得收益4751.7万令吉， 同比增长7.52%;公司拥有人应占溢利98.1万令吉，同比扭亏为盈;每股盈利0.1令吉仙。 于本期间，集团收益由截至2024年12月31日止六个月约4420万令吉增加约330万令吉或7.5%至本期间约 4750万令吉。马来西亚及中国土木及结构工程以及中国石油及相关产品贸易所得收益分别为集团总收益 贡献约100%(2024年：100%)及0%(2024年：0%)。 ...

Core Viewpoint - CN Energy Group, Inc. has announced a Share Purchase Agreement to acquire 100% of Blessing Logistics Ltd., an oil trading company, for a total consideration of USD $2.0 million, expected to be satisfied through the issuance of Class A Ordinary Shares of CNEY [1][2]. Group 1: Acquisition Details - The total purchase consideration for Blessing Logistics is USD $2.0 million, which will be fulfilled through the issuance of Class A Ordinary Shares of CNEY [2]. - The number of shares to be issued will be based on the volume-weighted average price of CNEY's Class A Ordinary Shares for the five trading days preceding the closing date [2]. - The transaction is expected to close on or before March 31, 2026, subject to customary closing conditions [3]. Group 2: Blessing Logistics Overview - Blessing Logistics, founded in 2015, is a registered oil company with the Alberta Energy Regulator and holds Canadian crude oil export licenses [3]. - The company is recognized as a qualified trader within the CNPC system and is primarily engaged in oil trading and crude oil and asphalt exports [3]. Group 3: Strategic Implications - The acquisition is expected to provide CNEY with a fully operational North American entity and critical regulatory licenses, supporting its strategic expansion into the North American oil market [4]. - The integration of Blessing Logistics is anticipated to strengthen CNEY's operational capabilities and enhance its participation in global crude oil trading and export activities [4]. - The interim CEO of CNEY stated that this transaction represents an important step in executing the company's global energy strategy and aims to create long-term value for shareholders [4].

CALGARY, Canada & HOUSTON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data and home to the most liquid energy markets in the world, today announced that January 2026 saw record trading activity in ICE's Midland WTI (HOU) and Canadian crude oil markets as customers manage the impact on oil flows from the return of Venezuela as an oil exporter. "The return of Venezuelan crude has created potential new competition for Canadian oil on th. ...

Trader Trafigura has moved the first shipment of Venezuelan fuel oil to Europe in nearly two years, two trading sources and data seen by Reuters showed. ...

Core Viewpoint - CN Energy Group Inc. has entered into a framework agreement to negotiate the acquisition of approximately 82% of Blessing Logistics Ltd., an oil trading company, for an expected consideration of about US$2.0 million [1][2][4]. Group 1: Acquisition Details - The framework agreement allows CN Energy Group to negotiate a definitive share purchase agreement for acquiring 82% of Blessing Logistics' equity interests, which includes voting rights [2]. - The total consideration for the acquisition is estimated at US$2.0 million, subject to adjustments based on due diligence, final valuation, and market conditions [2]. - If a definitive agreement is not reached within 60 days, either party can terminate the framework agreement [2]. Group 2: Blessing Logistics Overview - Blessing Logistics, founded in 2015, is an oil trading company registered with the Alberta Energy Regulator and holds a Canadian crude oil export license [3]. - The company is qualified to trade within the China National Petroleum Corporation system and focuses on oil trading and the export of crude oil and bitumen in Canada [3]. Group 3: Strategic Implications - The proposed acquisition is seen as a significant step for CN Energy Group's expansion into the energy sector and development in the North American market [4]. - The company aims to leverage Blessing Logistics as a platform for pursuing oil trading and upstream investment opportunities, enhancing long-term shareholder value [5].

Core Viewpoint - Citgo Petroleum has purchased Venezuelan crude oil for the first time since 2019, marking a significant shift in U.S.-Venezuela oil relations following the capture of President Maduro by U.S. forces [1][3]. Group 1: Citgo's Operations and Recent Developments - Citgo, a refiner with a capacity of 830,000 barrels per day, is expected to be taken over by an affiliate of Elliott Investment Management to settle debts with Venezuela-linked creditors [2]. - The company has been blocked from accessing Venezuelan oil since 2019, after severing ties with PDVSA following Maduro's re-election, which the U.S. did not recognize [2][6]. - Citgo has recently acquired a cargo of approximately 500,000 barrels of Venezuelan heavy crude for February delivery from Trafigura [4]. Group 2: U.S. Government Actions and Market Implications - The deal is seen as a major milestone in U.S. efforts to normalize and potentially increase Venezuelan oil sales and revenue, which were previously controlled by the U.S. after Maduro's capture [5]. - Citgo had previously relied on other Latin American heavy grades and U.S. domestic crudes to compensate for the lack of Venezuelan oil [5]. - U.S. government officials expedited supply deals with trading houses like Vitol and Trafigura to address a significant accumulation of oil inventories caused by a U.S. naval blockade [7].

The first recipient of largesse from the seizure of Venezuelan oil assets has been a private company, Vitol. The contract is worth about $250 million. Vitol is the world’s largest independent oil trader, though Glencore ( GLNCY ) is theJoseph Shaefer is a geopolitical, economic, and resource analyst. He is a retired senior military officer with deep experience in Special Operations and Intelligence. He is also a former university professor and a retired Senior V.P. at Charles Schwab & Co. He is today the le ...

Group 1: Joint Venture Launch - TotalEnergies and Bapco Energies have launched BxT Trading, a 50/50 trading joint venture aimed at maximizing downstream value and expanding access to international markets for Bahraini oil products [1][2] - The signing ceremony was attended by senior leadership from both companies, highlighting the strategic importance of the venture [2] Group 2: Strategic Benefits - BxT Trading provides Bapco Energies with direct access to TotalEnergies' global trading expertise and infrastructure, enhancing Bahrain's downstream value chain [3] - For TotalEnergies, the joint venture deepens its commercial footprint in the Middle East, improving responsiveness to regional market dynamics [4][7] Group 3: Industry Trends - The launch aligns with a broader trend of Middle Eastern producers moving downstream and into trading to capture additional margins beyond upstream production [5] - Bahrain is positioning itself as a more active participant in international energy markets by leveraging refinery-linked trading flows [6] Group 4: Operational Focus - BxT Trading is designed to operate as a locally grounded yet globally connected platform, emphasizing operational excellence and disciplined risk management [8]

The UK sanctioned oil trading tycoon Murtaza Lakhani, part of a new package targeting Russia over its war against Ukraine https://t.co/QrVmg0nhr1 ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in the context of investments in complex instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website includes information about cryptocurrencies, CFDs, and other financial instruments, highlighting their complexity and associated high risks [1]. - Users are encouraged to conduct their own research and fully understand the workings and risks of any financial instruments before investing [1].