Financiers under a ‘huge amount of pressure’ to drop oil investments, says expert
A senior figure at Lloyds Banking set out the challengers for financiers of backing oil and gas during an industry event in Aberdeen on Thursday.
investors
Let’s talk money! – the 10 Point Pod shakes the green piggy bank
It seems fitting that the UK Government chose to round off its 10 Point Plan with a focus on what will fuel the energy transition – cold hard cash.
Big oil’s ‘problematic’ ESG claims alienate some investors
As companies across virtually all sectors try to latch on to the sustainability bandwagon, some investors are sounding the alarm.
Malaysia’s Petronas hopes to lure investors to marginal fields with new scheme
Petronas MPM has officially introduced Malaysia’s Small Fields Asset (SFA) production-sharing contract framework as part of an effort to revive its domestic upstream sector and lure new money.
Investor interest in renewables increases during pandemic
Half of investors feel renewables have become a more attractive proposition during the Covid-19 crisis, according to a new study.
Investors going ‘bargain hunting’ for BP and Shell shares
Investors are going “bargain hunting” for shares in Shell and BP after their stock values each hit 25-year lows.
Updated: Shell divides opinion with 2050 net-zero ambition
Energy giant Shell has revealed its ambition to transform into a “net-zero emissions business” by 2050, at the latest.
Climate fears ‘could prompt more investors to move money to ethical funds’
Climate concerns could prompt more investors to move their money to ethical funds which support the positive changes they want to see, a survey suggests.
Hedge funds bet oil rally to extend into 2017 as output cuts hit
Investors are showing no sign of turning their backs on oil heading into 2017.
How far can oil rally? Options investors bet on surge above $100
Oil investors are buying contracts that will only pay out if crude rises well above $100 a barrel over the next four years -- a clear sign some believe today’s bust is sowing the seeds of the next boom.
Sudden policy changes ‘spooking’ clean energy project investors
Sudden and unexpected changes in policy have “spooked” investors and could push up the costs to households of building much needed new energy projects, MPs have warned.
Shell’s BG arbitrage fades as investors set to back deal
Royal Dutch Shell Plc is on the brink of completing its biggest acquisition as shareholders look set to back its purchase of BG Group Plc. Risks to the deal completing have almost disappeared. The discount of BG’s shares to the offer price narrowed to a record low of 2.2 percent on Monday after some of Shell’s top shareholders and advisory firms backed the transaction this month. It was at 12.5 percent on Dec. 21.
Oslo Court rules in favour of Norway after lawsuit
A court in Oslo has ruled in favour of Norway in a lawsuit involving a group of international investors. They had argued that the country’s decision to cut natural gas pipeline tariffs would have cost them more than $1billion in lost earnings by 2028. The four firms owned by funds including Allianz, UBS, the Abu Dhabi Investment Authority and the Canada Pension Plan Investment Board alleged that Norway had illegally cut fees on the 8,000lm Gassled gas pipeline network. The four firms have said they would consider whether to appeal the decision.