Tag: Investors

TransCanada shareholders shake off Keystone XL concerns, look to push forward

TransCanada shareholders shake off Keystone XL concerns, look to push forward

Keystone XL approved by Nebraska on Monday One day after the Nebraska Public Service Commission okayed an alternative route for the Keystone XL pipeline, some TransCanada investors are encouraging the company to follow through with the $8 billion project. The commission denied TransCanada’s preferred route, forcing the Calgary-based company to build the pipeline to the […]

By November 21, 2017 0 Comments Read More →
Exxon investors push to discuss climate with company

Exxon investors push to discuss climate with company

Exxon investors vote for studies on technology, climate-related risks Over fifty groups of Exxon investors looking for answers on climate-related risks associated with the company will push to meet with Exxon officials this summer to discuss the elements of a climate-impact analysis. The request comes after a shareholder proposal filed by 54 groups, including financial, religious and corporate governance activists, […]

Asian investors ignoring US shale oil at their peril – Wood Mackenzie

Asian investors ignoring US shale oil at their peril – Wood Mackenzie

Fast-moving Lower 48 market problematic for Asian companies with long lead-times for decision-making Asia’s upstream players have been notably absent from the Permania that has dominated M&A markets over the last 12 months. Industry consultancy Wood Mackenzie believes this might be set to change. Asia’s oil and gas production will fall by 20 per cent over the next […]

State Street Corp funds ramp up support for climate-change measures

State Street Corp funds ramp up support for climate-change measures

State Street Corp support over double of other big asset managers By Ross Kerber BOSTON, Sept 6 (Reuters) – State Street Corp funds backed a majority of shareholder resolutions on climate-change issues this year, a swing from past proxy positions that a company executive said reflects a growing appreciation of environmental risks facing companies whose shares […]

By September 7, 2016 0 Comments Read More →
2006 to 2015 investors spent nearly $245 billion in upstream energy – IHS

2006 to 2015 investors spent nearly $245 billion in upstream energy – IHS

45% of upstream opportunities are located in US, unconventional assets such as tight gas, shale gas, tight oil and shale oil HOUSTON – Lured by significant upside potential, vast numbers of attractive opportunities for investment, and ample cash and funding, financial investors spent nearly $245 billion on upstream energy transactions during the past decade, with their annual […]

By August 12, 2016 0 Comments Read More →
Divestment movement doesn’t affect actual investment decisions

Divestment movement doesn’t affect actual investment decisions

IPAA says divestment movement is “just a media campaign” The head of independent American oil and gas producers says the much touted divestment movement from fossil fuels has no measurable impact on actual investors, according to a new survey. New research commissioned by the Independent Petroleum Association of America (IPAA) and released at IPAA’s annual […]