Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 2559 results for "Oil"

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... said: "Inflation is significantly above the RBA's target band and likely to increase further, notwithstanding declining oil prices and an increasing risk of global recession." "The RBA's hand is likely to be forced by increasingly aggressive ...

AMP appoints new chief financial officer

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... strategic sourcing, and workplace experience. Most recently, Fredricson was acting chief executive and chief financial officer of Oil Search Limited where he oversaw the merger with Santos. Prior to this, he was chief financial officer of APA Group. ...

BetaShares adds to thematic ETF lineup

CHLOE WALKER  |  MONDAY, 17 OCT 2022
... XMET includes several ESG screens to remove companies that receive material revenue from certain business activities, such as oil and gas production as well as thermal coal extraction. "We're excited to add XMET to our leading range of sustainability ...

Future Generation expands Plato mandate

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
... (the MSCI World Net Returns Unhedged Index) by 10.19% gross of fees. This outperformance was against a backdrop of buoyant oil, gas, and coal prices, and the underperformance of many sustainability branded strategies. Plato Investment Management's head ...

NGS Super bolsters investment team

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
... complement and coincide with some recent bold moves from its investment team. This includes the fund's recent divestment of oil and gas exploration and production companies, including Woodside and Santos, and its interim target of a 35% reduction ...

Norwegian wealth fund records $250bn loss

JAMIE WILLIAMSON  |  THURSDAY, 18 AUG 2022
... Fixed income accounted for 28.3%, unlisted real estate 3% and unlisted renewable energy infrastructure was 0.1%. Known as the oil fund, it said the only sector to see a positive return was energy, which returned 13.2% on the back of increased oil, gas ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... slowdown in rising energy prices. Energy CPI rose by 32.9%, down from 41.6% in June, driven by a fall in gasoline prices, fuel oil and natural gas. However, food prices continue to rise, coming in at 10.9% - the biggest increase since the 1979-80 figures. ...

Value investing a likely winner: Maple-Brown

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... that elevated supply chain costs will be protracted. Specifically, Insync said that net carbon demand continues to drop as oil intensity in economies also falls. Likewise, shipping capacity and efficiency is rapidly improving with pandemic related logistical ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
NGS Super has divested from more than $190 million in oil and gas exploration and production companies, predominantly Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... endured for an eighth consecutive quarter. The ABS said: "Price pressures continued to flow through to consumers following an oil price shock caused by the Russian invasion of Ukraine last quarter, coupled with ongoing easing of COVID-19 restrictions ...