HONG KONG/SYDNEY (Reuters) - A Blackstone-led consortium is taking out an around $A5.5 billion ($3.7 billion) loan package to help fund the A$24 billion AirTrunk buyout, two sources with direct knowledge of the matter said, as the U.S. firm increases its Asian exposore. Blackstone said on Wednesday it had partnered with Canadian Pension Plan Investment Board (CPP Investments) to buy...

* Last month's oil and fuel exports up 62% over a year-ago * Increase comes amid threat of new sanctions, cabinet reshuffle * August shipments average nearly 885,000 bpd By Marianna Parraga and Mircely Guanipa HOUSTON/MARACAY, Sept 5 (Reuters) - Venezuela's August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments...

08:57 AM EDT, 09/05/2024 (MT Newswires) -- (Updates with US Steel's response to a request for comment in the third paragraph.) President Joe Biden is close to announcing he will block Nippon Steel's proposed $14.9 billion acquisition of US Steel (X), the Washington Post reported Wednesday, citing people with knowledge of the matter. A White House official declined to comment,...

08:56 AM EDT, 09/05/2024 (MT Newswires) -- Chevron ( CVX ) had told US officials that it is critical for the energy giant to continue pumping oil in Venezuela amid the chaos following this year's elections, the Wall Street Journal reported Thursday, citing people familiar with the matter. In meetings with the White House and State Department officials after Venezuela's...