Capital Markets

Exclusive: Mobius Risk Group at EnerCom Denver-The Energy Investment Conference®

Exclusive: Mobius Risk Group at EnerCom Denver-The Energy Investment Conference®

Publisher's Note: View EnerCom Denver -The Energy Investment Conference® replays free for a limited time. 

Mobius Risk Group is an independent commodity and physical energy risk advisory firm. Founded in 2002, Mobius provides strategic advisory services including financial, physical, and

Exclusive: AEGIS Hedging at EnerCom Denver-The Energy Investment Conference®

Exclusive: AEGIS Hedging at EnerCom Denver-The Energy Investment Conference®

Publisher's Note: View EnerCom Denver -The Energy Investment Conference® replays free for a limited time. 

AEGIS simplifies commodity and environmental markets for companies who manage their commodity exposures and/or emission footprints. AEGIS has unmatched technology and expertise to deliver market

Exclusive: Strive Asset Management at EnerCom Denver-The Energy Investment Conference®

Exclusive: Strive Asset Management at EnerCom Denver-The Energy Investment Conference®

Publisher's Note: View EnerCom Denver -The Energy Investment Conference® replays free for a limited time. 

Strive’s mission is to restore the voices of everyday citizens in the American economy by leading companies to focus on excellence over politics. They will

ReconAfrica announces extension of environmental clearance certificate to August 26, 2025

ReconAfrica announces extension of environmental clearance certificate to August 26, 2025

Oil and Gas 360


Publisher’s Note: Recon Africa was a presenter at the EnerCom Denver- The Energy Investment Conference this past week. Please click here for replays.

VANCOUVER, BCAug. 17, 2022 /CNW/ – Reconnaissance Energy Africa Ltd. (the …

Source: Reuters

U.S. oil and gas independents returned $18.1 billion to shareholders in 2021

World Oil


U.S. oil and gas producers recovered and reset in 2021, posting increased profits of $73.7 billion and $211.9 billion in revenues, with significant deal activity that drove $144.1 billion in capital expenditures (capex), according to the EY…

FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford/File Photo

Barclays sees crude surplus in near-term, cuts Brent price view

Nasdaq


Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to “resilient” Russian supplies.

 

The British bank now sees …

Source: Reuters

Column: Bargain-hunting hedge funds boost oil positions

Nasdaq


LONDON – Portfolio investors purchased oil futures and options for the second week running as at least some fund managers concluded that expectations of a recession and a recent sell-off were overdone.

Hedge funds and other money managers purchased …

Strive Asset Management launches national education campaign on U.S. energy independence

Strive Asset Management launches national education campaign on U.S. energy independence

Oil and Gas 360


Publisher’s Note: Strive Asset Management will be presenting at EnerCom Denver-The Energy Investment Conference on August 7-10, 2022. Register to attend.

The five-week campaign kicked off on Independence Day and will culminate with co-founder Vivek Ramaswamy

Source: Reuters

$4.3 billion Continental takeover offer could trigger bidding war

World Oil


Hamm’s all-cash offer of $70 for each share he doesn’t already own represents an 8.5% premium to Monday’s closing price and will be evaluated by Continental’s board of directors, the company said in a statement Tuesday. The stock …

Source: Reuters

Brazil greenlights study of Petrobras privatization, analysts remain skeptical

US News


SAO PAULO – Brazil President Jair Bolsonaro’s government said it aims to include state oil company Petrobras in its privatization program on Thursday, despite analysts calling it a long-shot for the far-right leader seeking reelection.

Rather than triggering

Source: Reuters

Hedge fund Elliott chases oil and gas deals, bucking Wall Street

Nasdaq


Energy bankers who lost one client after another when poor returns pushed many investment firms out of the U.S. oil patch got a welcome email earlier this year.

Elliott Management, a hedge fund founded and co-led by billionaire Paul …

Source: Reuters

Aramco topping Apple shows oil is king in energy-short 2022

World Oil


(Bloomberg) — Saudi Aramco taking the crown of the world’s most valuable company from Apple Inc. underscores investors’ appetite for oil and gas as the countries around the globe battle rampant inflation and fear of energy shortages.

Buying …

Source: Reuters

EXCLUSIVE Dutch bank ING ends financing for new oil and gas projects

Reuters


LONDON – ING Groep NV will no longer finance new oil and gas projects, its energy chief said, one of the first major global banks to commit to such a step in the fight against climate change.

The move …

Source: Reuters

Column: Hedge funds cut oil positions as volatility surges

Nasdaq


LONDON, March 21 – Investors trimmed bullish petroleum positions for the second week amid elevated volatility, with prices oscillating between the twin threats posed by sanctions-driven supply disruptions and a demand-destroying recession.

Hedge funds and other money managers sold …

Source: World Oil

Hedge fund manager Pierre Andurand sees a path to $200 oil by end of the year

World Oil


Source: World Oil

Ukraine war threatens oil demand and investment, OPEC says

World Oil


(Bloomberg) — Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned.

International crude prices briefly hit a 13-year high of almost $140 a …

Source: Reuters

Shareholders at four U.S. oil companies to vote on climate proposals

US News


HOUSTON – Shareholders at four U.S. oil companies will vote in the coming quarter on proposals for the firms to meet emissions targets set out in Paris in 2015, said climate activist group Follow This.

The votes will

Source: CNBC

Goldman Sachs predicts what will happen to Europe’s economy if Putin shuts off the gas taps

CNBC


LONDON — Natural gas is one of several commodities caught in the crossfire of the conflict in Ukraine, and the European economy could take a hit if Russia halts its exports.

Supply-side risks arising from the war have …

Source: Reuters

Column: Hedge funds take oil profits as inflation fears intensify

Nasdaq


LONDON, Feb 14- A bout of profit-taking ensued last week as seven-year highs in crude oil and middle distillates prices intensified concerns about inflation and the possibility of countermeasures from central banks.

Rapidly escalating prices for oil and other …

Source: Reuters

Exclusive: New York pension fund to divest half its shale companies

Finance Yahoo


BOSTON – New York’s state pension fund will sell $238 million worth of stock and debt it holds across 21 shale oil and gas companies including Chesapeake Energy Corp, Hess Corp and Pioneer Natural Resources, saying they have …

Source: Reuters

Shell ends 2021 on high note, hikes dividend and boosts buybacks

Finance Yahoo


LONDON – Shell again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance.

The strong results cap …

Source: Reuters

JPMorgan sells shale driller it picked up following bankruptcy

World Oil


(Bloomberg) –JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. for $860 million.…

Source: Reuters

Shell begins trading under simpler, single-line share structure

US News


Shell began trading with a single line of shares on Monday after the British oil major confirmed the assimilation of its A and B shares over the weekend as part of plans to simplify its two-tier structure.

The

Source: Reuters

Column: Oil investors realise some profits as market looks stretched

Nasdaq


LONDON, Jan 31 – Portfolio investors took some profits last week after a blistering rally in oil prices since the start of December left the market looking increasingly overheated in the short term.

Hedge funds and other money managers …

Source: Reuters

Eni’s Var Energi plans IPO in bet on strong future for natural gas

World Oil


(Bloomberg) –Eni SpA’s Norwegian joint venture, Var Energi AS, will apply for an initial public offering in Oslo on a bet there’s still investor demand for shares in oil and gas companies in Europe.

 

The company is …

Source: Reuters

Column: Oil bulls encouraged by low inventories

Nasdaq


LONDON, Jan 24 – Portfolio investors added to their bullish positions in petroleum for the fifth week running as the worst of the latest wave of coronavirus infections passed and governments began to lift restrictions on business and travel.…

Source: Reuters

Morgan Stanley sees Brent crude at $100 by Q3

World Oil


(Bloomberg) –Add Morgan Stanley to the list of banks expecting crude to reach $100 a barrel later this year.

The bank expects stockpiles to slide even lower by the end of the year, after falling substantially in 2021, …

Source: Reuters

Column: Looking beyond Omicron, oil investors focus on tight supply

Nasdaq


LONDON, Jan 17 – Portfolio managers purchased oil last week at the fastest rate for 14 months amid growing confidence that the latest wave of coronavirus infections will not have a significant effect on international aviation and oil consumption.…

Source: Reuters

Column: Oil bulls return as the threat from Omicron recedes

Nasdaq


LONDON, Jan 4- Portfolio investors have started to rebuild bullish positions in the oil market, reassessing earlier fears about the likely impact of the Omicron variant of coronavirus on major economies and passenger aviation in 2022.

Hedge funds and …

Source: Reuters

Shale drillers face record cost pressures as banks shun the sector

World Oil


Equipment, …

December 30, 2021 - 12:30 pm Capital Markets, Closing Bell Story‎, Energy News, Finance