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Showing 101 - 110 of 2485 results for "Oil"

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
... Local Government Pension Scheme is in fossil fuels. Looking at both direct and indirect holdings, 1% is in coal and 2% in oil and gas. Just 10 companies account for 70% of these investments, with BP, Royal Dutch Shell and BHP accounting for 40% of all ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... dividends by regulators. Banks accounted for one third of global dividend reductions by value, more than three times as much as oil producers, the second worst-hit sector. Globally, dividend cuts and cancellations reached US$220 billion ($285bn). Conversely ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... demonstrates how its expenditure and operations will be managed in a manger consistent with the Paris Agreement. "The decline in oil and gas use required to meet the Paris climate goals leaves Woodside exposed to rapidly shrinking markets. In 2020, Woodside's ...

Hostplus enhances ESG option

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... manufacture controversial weapons; operate in gambling; conduct live animal exports; produce tobacco; use uncertified palm oil; and operate for-profit detention centres. Hostplus sees the option benefiting from its investment in healthcare and medical ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
... which it sees as "existential threats". Some of Biden's first executive orders as soon as he came to power were to review oil and gas drilling on federal land, implement new environment regulations, and reverse Trump's previous measures. Biden ...

Evergreen launches stress testing tool

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... run portfolios through re-simulations of the global financial crisis, the Euro-debt crisis, the US credit rating downgrade, oil shocks and US recession, rising global interest rates, trade conflict and the COVID-19 pandemic. "The tool assesses how today's ...

Super funds bow to divestment pressure

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... divestment. These companies included the likes of Woodside Petroleum, BHP, Santos, Washington H Soul Pattinson, Whitehaven Coal and Oil Search. "Despite this recent progress, the majority of Out of Line companies continue to enjoy the financial backing ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... derivatives, which are financial instruments that derive their value from one or more securities, commodities (such as gold or oil), currencies (including bitcoin), interest rates, credit events or indices (a measure of value or rates, such as the S&P ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... stay, bar discrimination by the federal government based on sexual orientation or gender identity and impose a moratorium on oil and natural gas leases in the Arctic National Wildlife Refuge." While this certainly sends a message that America, Inc. is ...