Hints and tips:
...“That will probably include ramping up of Venezuelan oil and natural gas production and exports, re-inclusion of Venezuelan bonds in major emerging market indices, debt settlement negotiations and eventual...
...This was in part because they tended to be relatively short on oil and gas stocks — for obvious reasons — leaving them with the rest of the stocks in their benchmark index to choose from....
...La Banque Postale says it is the first in Europe to have introduced an exclusion policy for oil and gas financing and investment, effective from 2030....
...Raskin did not address oil and gas companies directly, but said that “it is inappropriate for the Fed to make credit decisions and allocations based on choosing winners and losers”....
...G7 energy ministers rejected Vladimir Putin’s demand that Russian oil and gas should be paid for in roubles, marking an escalation in a stand-off that could have broad consequences for commodities markets...
...So you can invest in renewables and gas and power on one hand, but also, I mean, you've made an investment in Rosneft's Arctic oil project, Vostok Energy as well....
...Harvest and shrink oil and gas, decarbonise and transition Oil & gas production is to decline 42% by 2030, via disposals and depletion: from 2.6mboed to 2mboed by 2025 and to 1.5mboed by 2030....
...On top of that, the former oil and gas analyst was to be awarded 30m “Award Shares” that would be issued if Lekoil’s stock price hit various milestones up to 40p as part of the deal....
...As a reference point, a USD10/bbl move in our long term oil prices impacts our fair value on Shell by c. USD35bn....
...In the end, the medium term outlook for oil & gas prices is deeply uncertain at the moment, and in combination with the ‘net zero’ ambition, provides a real challenge to Europe’s oil majors, including BP...
...This implies that capex in Shell’s traditional oil & gas activities is now at or below the sustaining level....
...Capital allocation will now become a more significant part of the investment case. INDV currently has a c.$650m net cash balance....
...heart) – and of course this would dilute the over-exposure to the Oil and Gas market....
...We believe oil use is now down 8m b/d, coffee down c.10% and even gold sales to EM CBs are down....
...A 30 per cent sector premium justifies a 300p target price with project deferrals, particularly in oil and gas, continuing to threaten growth and limited visibility on any recovery, they say....
...FY19 results last week also indicated that 2H19 saw a – frankly – VAST uptick in NGP investment through the P&L. BAT invested an incremental £700m+ in NGPs in 2019, of which ~£600m came in 2H19....
...“This has proved very effective for our clients from an investment and inheritance tax planning perspective,” says Iain Tait, a partner in L&C’s private investment office, noting a long-standing fiscal incentive...
...(WSJ) News round-up Iliad chairman fined €600,000 for insider dealing (FT) Allianz in exclusive talks to buy L&G’s general insurance unit (FT) Sprint, T-Mobile push back deadline to complete merger (...
...Anglo American and Glencore both produce coal as does BHP, which also has a large oil and gas unit....
...Weaving left the bank in 2014 to join a small UK-listed oil and gas explorer called Soco International but resigned from the company in late 2015....
...Looking towards the longer term, Iain Tait, head of the private investment officer at L&C, ascribes the performance to “an outsized bet within fixed income”....
...BASF expects to book a €600m impairment for its oil and gas business owing to slumping prices for the commodities in recent months....
...Would energy companies be spending so much money drilling in the U.S. if it wasn’t for new production technique that made domestic oil and gas production more profitable?...
...Afren, the UK-listed oil and gas explorer focused on Africa, on Wednesday announced it was defaulting on a $15m interest payment as it pursues a restructuring with banks....
...Production from the giant Kashagan oilfield in Kazakhstan, for example, was recently halted because of gas leaks and will not restart until at least the spring....
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