But no question climate change is among the top challenges facing humanity says Saudi Aramco CEO
Tag: Oil
Danish fund drops ten oil majors over Paris goals
MP Pension has officially backed the Paris target but also believes oil stocks will underperform market
Norwegian selectors ‘ashamed’ by sovereign fund’s Saudi stance
The world’s largest fund is set to more than double its investments in Saudi Arabia despite Khashoggi killing
Norwegian investors adjust to latest oil price slump
Many of the Nordic country’s leading companies are heavily dependent on crude but this dynamic is slowly shifting
‘Big oil’ stuns investors with commitment to tradition
Higher carbon prices and investor lobbying efforts are doing little to make oil and gas companies change their ways
Growth-led strategies ‘tend not to favour Europe’
One of the challenges Europe has attracting international investment is the relative weakness of its tech sector compared to other parts of the world, according to UBS Asset Management.
Global plastics purge to hit oil investors
Ecowarriors could have double the reason to celebrate the global push to eradicate plastics after Legal & General Investment Management highlighted the negative impact lower demand will have on the oil and petrochemical sectors.
$1trn Norway wealth fund wants to drop oil and gas stocks
Norway’s sovereign wealth fund is proposing to dispose of all its holdings in oil and gas stocks to “make the government’s wealth less vulnerable to a permanent drop in oil and gas prices,” the fund announced in a letter to Norway’s ministry of finance.
Norway oil fund to reduce allocation to EMD, corporate bonds
The world’s largest sovereign wealth fund, which is in the process of increasing its equity exposure to 70% while reducing fixed income allocation to 25%, announced the changes in a letter to its only shareholder, Norway’s ministry of finance. In the letter, the fund’s chief executive Yngve Slyngstad argues that investing in a diversified bond portfolio […]
ANALYSIS: Is Aramco an attractive opportunity?
The Financial Conduct Authority has raised eyebrows in some City circles by clearing the obstacles to a partial listing of Saudi Arabia’s state oil company Aramco in the UK.
