What started as a trickle has grown into a stream, and by most accounts, is likely to turn into a flood. We are, of course, talking about fossil fuel divestments as an increasing number of investors and fund managers are pledging to cleanse their portfolios of dirty assets – whatever that means. It started with… Keep reading →
In one of the more honest assessments of current Saudi Arabian oil policy, Rice University’s Jim Krane said there are several plausible reasons behind the Saudis’ apparently sanguine approach to falling global oil prices, but only a few within the Kingdom really know. “If you’re somebody who looks at geopolitics and energy, you could come… Keep reading →
Well, if you have a 401 (k), IRA or pension, then chances are US oil and gas company stock is part of that investment strategy. According to a study released today, 65.5% of US-based oil and gas company shares are owned by individual investors mostly as part of pension funds or retirement accounts. The study… Keep reading →
Christophe de Margerie, CEO of major French oil company Total, was killed Monday night when his corporate jet crashed into a snow removal vehicle on the runway of an airport near Moscow. The company reportedly has no succession plant in place, but has strong corporate governance led by a long-standing board of directors. “Barclays France… Keep reading →
In light of a marked increase in the number of gas divestments taking place in the Canadian oil and gas sector, Ernst & Young recently looked at a number of forces that are driving companies to shed assets thereby identifying four dimensions – deal strategy, cost management, speed and risk mitigation – as crucial for any… Keep reading →
