On Sept. 23, 2016, the Federal Reserve issued proposed rules that could put pressure on investment banks, such as Morgan Stanley and Goldman Sachs, to divest certain energy assets and energy trading activities.
Goldman Sachs
Federal Reserve Proposes Rules Aimed At Banks Owning, Trading And Moving Commodities
By Andrew Campbell | BakerHostetlerSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: Bloomberg’s Clean Energy Rise, Goldman’s Oil Pushback & New York’s Green Vision
By Conor O'Sullivan
In a new analysis, Bloomberg New Energy Finance finds that 2015 was a record year for global investment in the clean energy space, with $ 329 billion invested in wind, solar panels and biomass plants. [The Washington Post] The level of negativity around oil stocks has become extreme and it’s time to play for an… Keep reading →
Renewable Energy Update – Decemeber 2015
By William R. Devine, Barry Epstein, Emily L. Murray, Patrick A. Perry | Allen Matkins Leck Gamble Mallory & Natsis LLP
New wind turbines and solar panels worldwide will provide more energy over the next five years than U.S. shale-oil production has over the past five, according to Goldman Sachs Group Inc.
Energy News Roundup: Chesapeake Cuts Jobs, Is Now The Time For Oil Investment & Ohio’s Renewable Freeze
By Conor O'Sullivan
Chesapeake Energy announced it has cut about 15 percent of its workforce, or 740 jobs, as depressed oil and gas prices force deeper cost cutting. [CNBC] With Morgan Stanley and Goldman Sachs has just gone soft on energy following a recent $20 per barrel of oil prediction, some analysts are predicting prospective investments while prices… Keep reading →
Energy News Roundup: Corporations Pledge To Renewable’s, Democrats Introduce Energy Bill & Airplane Engines Could Produce Electricity
By Conor O'Sullivan
Starbucks, Wal-Mart, Goldman Sachs and Johnson & Johnson are among the companies making the pledge to convert completely to renewable energy. [CNBC] Senate Democratic leaders on Tuesday introduced a measure intended to signal their support of President Obama’s climate change agenda. [The NY Times] An inventor at Boeing believes the roar from aircraft engines can be harnessed to produce… Keep reading →
The U.N.’s Global Climate Change Summit in Paris this December is turning into a bit of a telethon. Today, reports indicate that 13 global corporations have pledged $140 billion to reduce their carbon footprint and fight climate change. There you go, Earth. Don’t give up, don’t ever give up. It’s a cool list of companies.… Keep reading →
Energy News Roundup: Goldman Energy Fund, Egyptian Solar & EU Approve Energy Market
By Conor O'Sullivan
Goldman Sachs is seeking to raise capital for a new fund to invest in the debt of troubled companies in the energy sector. “The fund, being raised by Goldman’s asset-management business, will invest mostly in high-yield corporate credit, the document shows. Known as the Energy Investment Opportunities Fund, it will also buy investment-grade credit and… Keep reading →
Energy Quote of the Day: Rig Count Offers Little Insight into the Outlook for US Oil Production Growth
By Edward Dodge
US oil production continues to improve despite the recent drop in oil prices and a declining rig count. The reason? Improved drilling productivity, particularly in shale. “The headline U.S. oil rig count offers little insight into the outlook for U.S. oil production growth,” Goldman Sachs Group Inc. analyst Damien Courvalin wrote in a Feb. 10… Keep reading →
4 Reasons A National Methane Policy Will Be Good For Business
By Environmental Defense Fund Energy Exchange Blog
After months of anticipation, the Obama Administration this month released its new methane emissions strategy – a plan that opens up new opportunities for industry writ large, and especially for operators that want to cut waste and get ahead. The centerpiece of the strategy are imminent rules that will help us meet a new national… Keep reading →
Goldman Sachs Supports Methane Policy, and Why it Matters
By Environmental Defense Fund Energy Exchange Blog
Good energy policy ideas can come from all corners, and Wall Street is no exception. Goldman Sachs recently served up a powerful case for action on methane in a stroke of market logic grounded in data. In a recent report, the investment bank argues that environmental regulation is more than a necessary evil when it comes… Keep reading →
