Tag: Gas

Newsmakers November 3, 2021

Larry Fink Says We Need to Work With, Not Against Hydrocarbon Companies. But Can We Trust Them Given Their History?

The CEO of BlackRock, the largest money management firm in the world, argued for moving to a more decarbonized business model worldwide.

Asset Allocation August 13, 2021

NY State Pension Fund Scrutinizes Shale Oil, Gas Companies

The fund will evaluate 42 firms that it says are ill prepared for a transition to a low-carbon environment, including ConocoPhillips, Hess, and Marathon Oil.

Asset Management Culture April 30, 2020

Oxford University Bans Fossil Fuel Investments

The endowment’s allocation to the energy sector has already been significantly reduced to 2.6% of its portfolio.

Asset Allocation October 4, 2019

Norway’s Pension Fund Divests from Upstream Energy Companies

The Scandinavian country is the latest entity to run scared from oil-dependent firms.

Newsmakers September 13, 2019

The Co-Founder of Shareholder Activism Is Dead, but His Cause Is Thriving

Along with Carl Icahn, oil tycoon T. Boone Pickens invented the corporate raider concept.

Risk June 21, 2019

Norway Approves Sovereign Wealth Fund Fossil Fuel Divestment

World’s largest pension fund will dump $13 billion worth of oil, gas, and coal investments.

Newsmakers December 5, 2017

EnCap Investments Closes Fund XI at $7 Billion

Fund XI focused on upstream sector of the North American oil and gas industry.

Corporate Moves August 14, 2017

Castlelake and Perpetual Joint Venture to Invest in Oil and Gas

The Energy Information Administration reports that the US will likely emerge a net exporter of natural gas next year.