The Obama administration laid out its plans on Thursday to limit petroleum drilling on the habitats of the greater sage grouse, a native of the American West that many environmentalists say is being threatened with extinction. “The announcement may stave off a possible Interior Department declaration by October that the finicky chickenlike bird known for its… Keep reading →
Norway’s colossal sovereign wealth fund – reportedly the world’s largest at $750 billion – is known as the ‘oil fund’ as it was created largely from the country’s prudent oil and gas resource revenue management. Less than 1% of the fund is currently invested in real estate, but that’s quickly changing. The fund managers are… Keep reading →
Aubrey McClendon, Chesapeake Energy’s delightfully shady former CEO who was forced out by shareholders who found him more shady than delightful, is the sort of person about whom I might say “never change, Aubrey,” if that seemed necessary. It does not: Aubrey McClendon, the controversial former chief executive of Chesapeake Energy, is attempting to stage… Keep reading →
