But no question climate change is among the top challenges facing humanity says Saudi Aramco CEO
MP Pension has officially backed the Paris target but also believes oil stocks will underperform market
The world’s largest fund is set to more than double its investments in Saudi Arabia despite Khashoggi killing
Many of the Nordic country’s leading companies are heavily dependent on crude but this dynamic is slowly shifting
Higher carbon prices and investor lobbying efforts are doing little to make oil and gas companies change their ways
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.
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.
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.
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 […]
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.