Greta Thunberg returns to protests at JP Morgan, Barclays
Greta Thunberg, who was arrested on Tuesday outside the Energy Intelligence Forum, participated in the blockade of JP Morgan this morning.
JP Morgan
XR goes big on fake oil in protests at SLB, Ineos and others
Extinction Rebellion has targeted a number of companies it sees as implicated in fossil fuel production, including service companies, financiers and a PR company.
MidOcean snaps up Tokyo Gas’ Australian LNG stakes
EIG-backed MidOcean Energy has struck a deal to buy Tokyo Gas’ stakes in four Australian LNG projects, for $2.15 billion in cash.
Italy drops appeal against Shell, Eni over OPL 245
The Milanese prosecutor has dropped its appeal targeting Eni (ENI:MI) and Shell (LON:SHEL) for the alleged corruption in securing OPL 245, in Nigeria.
Kuwait’s Al-Zour refinery starts test runs: reports
Kuwait has started up its giant Al-Zour refinery, Kpler has reported IIR Energy as saying. One crude distillation unit (CDU) at the 615,000 barrel per day plant started up a few days ago, it said.
Neptune hiring JP Morgan to advise on options, including IPO, report says
Neptune Energy is hiring US bank JP Morgan to explore strategic options for the business, including an initial public offering, a news report said.
Judge calls for more JP Morgan disclosure in OPL 245 case
JP Morgan must provide more documents to Nigeria, as the two sides duke it out over payments in connection to the OPL 245 scandal.
Energean takes FID on Karish North, signs new loan
Energean has taken final investment decision (FID) on its Karish North gas development, offshore Israel.
Nigeria sets the pace for case against JP Morgan
Nigeria has won a pre-trial battle against JP Morgan, as the state tries to prove that the bank paid out the proceeds of a signature bonus improperly.
Oil companies’ climate targets not what they seem
Two years ago, a group of the world’s largest oil companies announced a major commitment to fight climate change, promising to reduce methane emissions from their operations by 20 percent within seven years.
Delek refinances Leviathan debt
Delek Drilling has raised $2.25 billion through a bond issue to refinance debt taken out for its Leviathan project.
‘Positive momentum’ for Cairn Energy despite exploration disappointment, analysts claim
Cairn Energy will be “pleased” with its improved performance after posting a loss of over £800 million as recently as March, according to wealth management firm Brewin Dolphin.
JP Morgan raises oil price forecast, but expects cut in demand-growth
Investment bank JP Morgan has raised its oil price outlook, but lowered forecasts for crude demand due to rising uncertainty on international trade,
JP Morgan chases renewable energy rewards
JP Morgan Chase is entering into the renewables market in an attempt to offset its own power usage.
Saudi Arabia said to pick JP Morgan, Banker Klein for Aramco IPO
JPMorgan Chase & Co. and Michael Klein, the former Citigroup Inc. investment banker who runs his own boutique, have been selected to advise on state-owned Saudi Arabian Oil Co.’s initial public offering, according to people familiar with the matter.
Saudi Arabia said to pick JPMorgan, banker Klein for Aramco IPO
JPMorgan Chase & Co. and Michael Klein, the former Citigroup Inc. investment banker who runs his own boutique, have been selected to advise on state-owned Saudi Arabian Oil Co.’s initial public offering, according to people familiar with the matter.
JP Morgan sets aside $500m to cover oil and gas bad loans
JP Morgan will set aside an additional half a billion dollars to cover potential bad loans to oil and gas companies in the first quarter, underlining the sharp deterioration in the U.S. energy sector.
Nigerian investors get the jitters over energy debt
Nigerian financial and energy companies are finding it increasingly hard to get hold of foreign currency due to central bank restrictions and may struggle to repay their debts.