Sentences with phrase «oil fund in»

First was the failure to establish a North Sea oil fund in the 1970s, second was the imposition of «austerity» following the financial crash and third was Brexit.

Not exact matches

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.

LONDON — Pierre Andurand, a leading oil fund manager, said that lack of investment in new production could lead to a situation where $ 300 per barrel oil is «not impossible» within the next few years, Bloomberg reported.

Data from hedge fund analytical tool Kensho that examined patterns coinciding with U.S. military actions in the Middle East dating back to the 1990s show that in the day, week and month after a Mideast strike, oil has underperformed other assets, and the energy sector has been one of the worst in the S&P 500.

• Blue Water Energy, an Atlanta - based private equity firm, raised $ 1.1 billion for a fund to invest in oil and gas.

A new survey by the Sustainable Investment and Finance Association (UKSIF) reported that the number of fund managers that expect the value of oil firms to drop in the next few years has doubled.

It is often difficult to calculate the precise proportion of fossil fuel investments in complex funds, but about $ 400bn of the $ 5.2 tn total is likely to be in coal, oil and gas.

But the reality is corporations — including Cenovus Energy, Suncor Energy and Enbridge — have been using their capital funds to invest in oil and gas startups in Canada for years.

«Cenovus is impressed by General Fusion's innovative, pragmatic approach,» executive vice-president Judy Fairburn explained in a release announcing the $ 3.8 - million investment from the oil company's Environmental Opportunity Fund.

The fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and pension funds.

Oil - importing countries in the Middle East and Central Asia region are to beat their oil - exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outloOil - importing countries in the Middle East and Central Asia region are to beat their oil - exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outlooil - exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outlook.

Susan Hirsch, portfolio manager of the TIAA - CREF Large - Cap Growth fund, prefers to get her exposure to the energy industry via a company that's less sensitive to the ups and downs in oil prices.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

Commodity hedge funds have dwindled in recent years as oil prices slumped, leaving only a handful of larger players, including Hall, who ran the Astenbeck Capital Management fund until deciding to close it following losses this year.

Oil dropped sharply in March, bringing down Hall along with others including Andurand Commodities Fund, which through the end of July had lost more than 15 %, according to a source close to the firm.

A number of funds bet heavily on an oil rally early in the year, boosting long futures positions to a record in late February, before oil went into a prolonged slump as global supply remained elevated despite cuts from OPEC.

Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.

Empire Oil & Gas has kicked off a $ 15.7 million capital raising to fund new drilling at its flagship Red Gully North project and evaluate other projects in the Perth Basin near Gingin.

The north is well aware that even in the crude terms of oil and supplies, it almost certainly lacks the funds to pay for any kind of sustained military campaign, despite having one of the world's largest standing armies.

Last year, funds that bet on an oil - price recovery were hit as crude in June fell to $ 42.05, the low for the year.

Several major commodities funds also lost money on oil wagers or shut in recent years.

Shares in oil and gas explorer 88 Energy have surged after the company completed an oversubscribed $ 25 million capital raising to fund ongoing work at its Icewine project in Alaska.

Oil trader Andy Hall last year closed his main Astenbeck Capital Management fund after betting oil would more quickly pull out of a rout that started in late 20Oil trader Andy Hall last year closed his main Astenbeck Capital Management fund after betting oil would more quickly pull out of a rout that started in late 20oil would more quickly pull out of a rout that started in late 2014.

Pressure Dynamics International is included in 3 lists - Engineers, Fund Managers and Oil and gas services.

Hedge fund managers have gambled everything on a goldilocks scenario in which oil prices rise without damaging demand or spurring too much shale drilling.

And yes, there is a fantastic well - oiled network of smart VCs and investors here, but the vast majority of start - ups (even in Silicon Valley) are still funded by second mortgages and family friends.

LONDON, April 23 (Reuters)- Hedge fund managers have never seemed so convinced that oil prices are set to rise rather than fall in the near term, according to the latest positioning data published by regulators and exchanges.

The Federal Reserve did not help in the process as their response to increasing oil prices and the war in the Middle East was to RAISE the short term Fed Funds rate from 5.50 to over 10 percent.

Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief executive officer recommended a trade of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

To pay for that, the bill would cut a public health fund in President Barack Obama's health care law, reduce some payments made by Medicaid and Medicare and sell oil held in the government's strategic petroleum reserve.

By April 24, funds held a record net long position in U.S. gasoline equivalent to 111 million barrels as well as a net position in heating oil equivalent to 69 million barrels (https://tmsnrt.rs/2JEyL9A).

Take government - owned sovereign wealth funds for example: Over $ 5 trillion is invested in global capital markets from SWF's coming directly from oil - producing nations.

In contrast, fund managers have been adding net long positions in gasoline and heating oil, after cutting them in February and March, according to position records published by regulators and exchangeIn contrast, fund managers have been adding net long positions in gasoline and heating oil, after cutting them in February and March, according to position records published by regulators and exchangein gasoline and heating oil, after cutting them in February and March, according to position records published by regulators and exchangein February and March, according to position records published by regulators and exchanges.

DAKAR, April 14 - The International Monetary Fund said it was resuming loan disbursements to Chad after the Central African oil producer reached an agreement in principal to restructure its more than $ 1 billion debt to Glencore and four banks.

Stefan Heck, a consulting professor at Stanford University and former adviser to energy PE funds at McKinsey, said the oil and gas bets make sense in the short term.

CNBC's Jackie DeAngelis reports the latest results of CNBC's exclusive oil survey on what analyst, traders and major energy fund investors expect to see in the oil space in upcoming months.

Early in 2014 the rookie hedge fund manager noticed something unusual: The amount of crude oil being stockpiled around the world was building much faster than normal for that time of year.

At the Sohn Investment Conference in New York this week, billionaire investor Jeffrey Gundlach said investors should consider a trade that includes betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

Cuts to the highest per - capita spending in Canada will doubtless be part of the budget Premier Alison Redford unveils on March 7, but a shortfall on the revenue side, namely oil and gas royalties, has prominent Albertans calling for a more stable source of funding: a provincial sales tax.

(If you expand your definition of «dirty» to include resources from countries that abuse human rights, disregard labour standards or fund terrorist organizations, as conservative commentator Ezra Levant does in his new tome, Ethical Oil: The Case for Canada's Oil Sands, the range of options shrinks even more.)

Agreement has been reached with Coogee Resources (Ashmore Cartier) Pty Ltd, which gives Coogee the right to earn a 20 % interest in exploration permit AC / P 32 by funding 27.5 % of the upcoming Magnolia oil exploration well.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

It's widely believed that ISIS is funded in large part by oil revenue.

The U.N. Security Council has unanimously boosted sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang's nuclear and ballistic missile programs, banning exports including coal, iron, lead, textiles and seafood, and capping imports of crude oil and refined petroleum products.

«Funds that suffered losses on their oil investments have to get out of their liquid securities in other sectors,» said Sam Ginzburg, head of trading at First New York Securities in New York.

In the statement, he said that ongoing talks with the International Monetary Fund, which has said the oil producer's debt is unsustainable, will «rapidly lead to the adoption» of a three - year programme with the Fund.

That power squarely rests with oil - rich nations that hold most of the world's oil reserves and the Wall Street banks and hedge funds that speculate and make markets in the oil trading game.

At least one congressional proposal, in fact, would have channelled the resulting revenue into a highway trust rather than the oil spill liability fund.

That year hedge fund performance suffered as managers were surprised by events like a plunge in oil prices, Brexit and the U.S. election.

According to the Pembina Institute, federal oil and gas emissions regulations crafted after Alberta's system would have to set the fee for contributing to the fund at least $ 100 per tonne in order for Canada to be able to meet its 2020 target.