Sentences with phrase «gas assets with»

Steve Pastor, BHP's president for petroleum operations, said this week the company would consider swapping certain onshore oil and gas assets with competitors» offshore assets as part of its effort to exit U.S. shale operations.

Not exact matches

Unfortunately the pair was dazzled by the value of both gas transmission / distribution monopoly assets so sold them off, as was the case with BankWest.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.

Paramount now deals with both oil and gas, and has since spun off assets into separate companies, such as heavy - oil player Cavalier Energy (in 2011).

Kidney describes that if governments start to provide guarantees and regulatory support for green bonds, these bonds will obtain a lower risk - profile and will then be able to compete with brown economic assets such as oil and gas.

The Board has concluded that Mr. Nickerson is qualified to serve as a Director because, among other things, he has over 30 years of experience in oil and gas operations, with a focus on midstream asset development and management, a critical element of the Company's current strategy.

The greenhouse gas result was a disappointment for sponsors from the Interfaith Center on Corporate Responsibility, a coalition of investors with $ 100 billion in assets, which had helped rally institutional investor support for the measure.

In addition to that, reports later in the week said that the company is in talks to partner with a leading private equity fund to buy Anadarko Petroleum's south Texas oil and gas assets in a deal that could be worth up to $ 3.5 billion.

Put together with the North Sea assets acquired from Shell last year in a $ US3 billion deal, Santos» portfolio would catapult Harbour — managed by private equity giant EIG Global Energy Partners — to a size roughly on a par with Woodside Petroleum or British - listed Dana Gas.

However, Asian interest in developing investment ties with Canada is not limited to China: Companies from Japan, Korea, Malaysia and Thailand have invested capital in Canadian oil and gas assets, and other Asia - based companies are looking at investment opportunities.

On Friday November 21st Glass Lewis hosted a Proxy Talk conference call with CERES and Walden Asset Management to discuss the risks from stranded carbon assets, greenhouse gas emissions and hydraulic fracturing as well as trends in -LSB-...]

Prior to Herold he was a VP with private equity firm MMC Energy, where he supported the acquisition of power assets in California, and an LNG / natural gas consultant with Poten & Partners.

The largest ETF is SPDR S&P Oil & Gas Equipment & Services ETF (XES) by SPDR with $ 369.32 M in assets.

Currently, 1 ETF track the S&P Oil & Gas Equipment & Services Select Industry Index with more than $ 369.32 M in ETP assets with an average expense ratio of 0.35 %.

The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.

In contrast to IMF loans to support the kleptocrats» banks and new Cold War asset grabs from the Eastern border provinces with Russia, Ukraine's sale of bonds to Russia's sovereign debt fund and its contracts signed for gas purchases were negotiated by a democratically elected government, at prices that subsidized domestic industry and also household consumption.

They combined the oil and gas business with Baker Hughes at the bottom of an oil cycle in an asset - light way.

With the AWE takeover, Mitsui would become operator of a gas field for the first time, running the Waitsia gas project, a role Mitsui said would bolster its credentials to bid on other gas assets in Australia.

He's chairman of the New York League of Conservation Voters Education Fund and is on the board of directors of Noble Energy, an independent gas - and oil - exploration company with more than $ 17 billion in assets.

Exelon, headquartered in Chicago, is a $ 31 billion energy services and wholesale power firm with one of the nation's largest nuclear fleets, as well as extensive holdings in natural gas, wind and hydropower generation assets.

More than 90 of the largest oil, gas, and mining corporations actively participated in the EITI process along with 84 global investment institutions that collectively managed an additional $ 16 trillion in energy infrastructural assets.

Oil and gas companies divest high cost assets with MLP issues while investors find MLPs attractive for their high yields and tax benefits.

In connection with preparing for and conducting the May 22, 2009 meeting of stockholders, one stockholder submitted a request that Aspen include a dissolution proposal to be considered at the same time that the stockholders were being asked to consider the sale of Aspen's oil and gas assets to Venoco, Inc..

The company filled the gap with $ 7 billion in new assets that went into service in the past year, including the expansion of the NGTL Pipeline and the Canadian Mainline systems, as well as the Gibraltar, Rayne XPress, Leach XPress and Cameron Access projects in the U.S. natural gas pipeline business.

I'm wondering whether some or all of the Compton Petroleum assets might now be disposed of as natural gas extraction doesn't really seem to fit in with the MFC's stated corporate mandate.

With infrastructure investments, you put money into a single infrastructure asset or multiple infrastructure assets, such as the building and management of toll roads, telecommunications facilities and gas pipelines.

But with gas prices falling this year, asset values in the gas patch followed suit, and the company's reliance on bank debt has put it in difficulty again.

At $ 1 trillion U.S. in assets, Norway's sovereign wealth fund made headlines in November 2017 with the news it would consider selling its oil and gas stocks over time.

As it prepares to make way for the largest capital investment programme in its history, Enbridge chief executive Al Monaco said the company has identified C$ 10bn ($ 7.9 bn) of non-core assets it will consider selling, with at least C$ 3bn worth to be sold or monetised in 2018 — including onshore renewables and unregulated gas assets.

The greenhouse gas result was a disappointment for sponsors from the Interfaith Center on Corporate Responsibility, a coalition of investors with $ 100 billion in assets, which had helped rally institutional investor support for the measure.

Investors in oil and gas companies have been in the dark about their exposure to climate risk, but they will now be able to confront companies with precise information and ask hard questions about how they intend to deal with potentially stranded assets.»

With oil, gas, and coal companies still among the world's most richly valued assets, that may seem hard to imagine.

The proposal calls for upgrading existing pipeline facilities and storage assets, with a goal of supplying electric generation markets in the gas - constrained region.

Unfortunately, that's a distinction that some other supporters of the carbon asset bubble meme don't seem to make, particularly with regard to oil and natural gas.

WASHINGTON, D.C. / / / NEWS ADVISORY / / / Four leading organizations in sustainable investing — As You Sow, Boston Common Asset Management, Green Century Capital Management, and the Investor Environmental Health Network — will hold a phone - based news conference at 1:30 p.m. EST on November 7, 2013 to issue a report scoring 24 top oil & gas companies on their disclosure (or lack thereof) to investors of the key risks associated with hydraulic fracturing operations.

It is worth noting that much of that $ 50 billion was spent acquiring wind and solar generation and its associated spending on transmission, plus gas plants (to back them because the power is intermittent), and distribution assets to hook them into the grid or embed them with the local distribution companies.

This starts with a view that U.S. oil and natural gas abundance — thanks to plentiful shale reserves and hydraulic fracturing — is a national asset to be supported and expanded, its benefits distributed to all parts of the country via 21st century infrastructure.

American ice cream maker Ben & Jerry's has partnered with climate activism group 350.org Australia to launch a campaign to freeze fossil fuels investments, by encouraging Australians to lobby their local governing bodies to ensure that none of its assets are in coal, oil and gas.

In a joint statement issued ahead of the G20 conference in China this weekend, insurers with more than USD$ 1.2 trillion in assets under management warn that support for the production of coal, oil, and gas is at odds with the nations» commitment to tackle climate change agreed in Paris last December.

Fund managers and investors attending the meeting want oil and gas majors to assess how compatible their assets are with global efforts to avoid dangerous levels of warming.

The Bank of England has also recognised that a collapse in the value of oil, gas and coal assets as nations tackle global warming is a potential systemic risk to the economy, with London being particularly at risk owing to its huge listings of coal.

«It's not like power supply of the past where you had a bunch of nuclear power plants, a couple coal plants and some gas - fired generation with the odd renewable asset thrown in, and then a jumbled mix of grey and green power being sold at the consumer end,» says Uli Suedhoff, a director at GE Renewable Energy in Europe.

A sizable portion of Klein's funds come from the IPOC Group, an international growth fund owned by Russian minister of telecommunications and Putin friend Leonid Reiman; Spectrum Partners, a Moscow - based energy investment firm with major assets in Russian oil and gas; Rosneft, the Russian - government - owned oil and gas giant that is one of Wakefield's largest clients; and other Russian companies.

In 1998, at the age of 28, he took a job with an asset management company in New York and set up a greenhouse gas trading desk for it.

Forrest and Hoskins are also tied closely to Spectrum Partners and Marcuard - Spectrum, Moscow - based firms with significant assets in Russian oil and gas.

While some gas and oil giants are pulling back from shale investments in order to reduce «stranded asset» exposure, it's worth noting that the shale gas giant ExxonMobil has been doubling down on shale gas, possibly with an eye toward supplying the gas - to - plastics market rather than the energy market.

In the fossil fuel industry, for example, the term increasingly used to signify the long - term risk associated with oil and gas that may become much more expensive to exploit is «stranded assets.»

Most recently, a report from The Carbon Tracker with a forward by Lord Stern of the Grantham Research Institute on Climate Change (London School of Economics), argued that serious risks are accumulating for investors in high carbon assets, such as coal mining companies and the oil and gas industry.

Over in Houston, an associate in the oil and gas business revealed that «we do a large number of asset deals and I assist with the drafting and negotiating of the deal documents.»