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

Search Results

Showing 121 - 130 of 2559 results for "Oil"

Goldman Sachs strengthens leveraged finance team

ELIZABETH FRY  |  WEDNESDAY, 25 MAY 2022
... hired Colin Mathews to run leveraged finance in Australia and New Zealand. Currently, the New York-based Mathews co-leads oil and gas coverage within the leveraged finance group. In his new role, he will assume responsibility for the strategic direction ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
... make have a longer horizon than that - they may have a 15-year payoff. "That requires quite creative thinking. If you remove oil and gas, how do you compensate for those periods of time where you have higher geopolitical tension, and shocks like the ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... 12-months to April 2022 for food sat at 9.4%. More dire again, the annual inflation rate of energy commodities was 44.7%; fuel oil and petrol were 80.5% and 43.6% respectively. On the back of the latest figures, the Nasdaq slumped 3% and the S&P500 1.6%. ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... that keep prices at historically high levels". Increases to energy prices since 2020 have been the largest since the 1973 oil crisis, the World Bank noted, and food commodity price increases and fertilisers have been the largest since 2008. Russia and ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... threatening PNG officials to pressure them to go through with the loan. PNG pledged, among other assets, its 14.7% stake in Oil Search to raise $1.7 billion. Oil Search is a PNG-based company which has since merged with ASX-listed Santos. However, the ...

Jarden expands research team

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
... Together, the pair have nearly 50 years of experience covering the Australian mining sector. Alongside Nik Burns, who heads oil and gas research, this completes Jarden's senior research team across the energy and resources sector. Lyons has more than ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
... investments. "The SEC has determined that shareholders asking Amazon why its retirement plan directs employee savings into big oil and companies burning down the Amazon is a valid question," As You Sow chief executive Andrew Behar said. "We believe that ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... by nearly 20% since then." Plank also believed that the cut to petrol excise announced in the Budget, depending on volatile oil prices could see petrol prices drop even further in the coming weeks. This would potentially lower IE and lift consumer sentiment ...

Australia imposes further sanctions on Russia

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... existing measures, this is the largest imposition of sanctions against any one country made by Australia to date. Imports of oil and other energy products from Russia will also be prohibited from April 25. Australia also announced additional military ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... excise will be cut in half, from 44 cents a litre to 22 cents a litre, for six months, with the government hopeful global oil prices will stabilise after that. There will also be a $12 billion road spend in the coming year, and to help meet cost of living ...