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.
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.
As companies across virtually all sectors try to latch on to the sustainability bandwagon, some investors are sounding the alarm.
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.
Half of investors feel renewables have become a more attractive proposition during the Covid-19 crisis, according to a new study.
Investors are going “bargain hunting” for shares in Shell and BP after their stock values each hit 25-year lows.
Energy giant Shell has revealed its ambition to transform into a “net-zero emissions business” by 2050, at the latest.
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.
Investors are showing no sign of turning their backs on oil heading into 2017.
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 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.
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.
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.